Newsclips
Comparing The Recovery
February 10, 2014
Bloomberg.com – Comparing Economic Recoveries: Ritholtz Chart As the chart shows, the present economic recovery is the most sluggish we have seen.
Bloomberg.com – Comparing Economic Recoveries: Ritholtz Chart As the chart shows, the present economic recovery is the most sluggish we have seen.
Bloomberg.com – VIX Traders Pile Into S&P 500 Rebound Bets as Puts Jump Ownership of puts on the Chicago Board Options Exchange Volatility Index reached a record 3.2 million on Feb. 6, according to data compiled by Bloomberg. Money poured into the bets against the VIX (VIX) after the gauge, used by investors as insurance… Continue reading VIX Traders Place Bets
Bloomberg.com – Lew Says U.S. Borrowing Power May Not Last Past Feb. 27 U.S. Treasury Secretary Jacob J. Lew said U.S. borrowing authority may not last past Feb. 27 and urged Congress to extend the debt ceiling as soon as possible. Extraordinary measures used by the Treasury to keep under the debt ceiling “are likely… Continue reading U.S. Borrowing Power
None Today
Audio Link of Conference Call Handout (also shown below) [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=173″] Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/020714.mp3|titles=Conference Call ]
Comment Today at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 GMT), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. As the markets traded sideways throughout the first half of January, many considered the taper to be a non-event. Returns over the… Continue reading Deciphering The Taper’s Effect On The Markets
The Wall Street Journal – U.S. Adds 113,000 Jobs, in Latest Worrying Sign on Growth The labor market in January registered weak gains for the second straight month, a slowdown that could heighten fears about the economic recovery and may lead some to call on the Federal Reserve to reconsider its easy-money strategy. U.S. payrolls… Continue reading Employment In Pictures
<Click on chart for larger image> Real Time Economics (WSJ Blog) – Is U.S. Unemployment Really Much Better Than the Euro Zone’s? The U.S. labor market looks like it’s recovering faster than its European counterpart, but maybe not as much as it appears, according to a new analysis from the Federal Reserve Bank of New… Continue reading Eurozone vs. U.S. Unemployment
The Wall Street Journal – Help Wanted: A Better Jobs Gauge for the Fed A big issue is the labor-participation rate. Since October 2008, the last time unemployment was at 6.5%, the size of the labor force is virtually unchanged even as America’s population has increased by 11.8 million people. Some pundits claim this isn’t… Continue reading Unemployment & The Participation Rate
Bloomberg.com – Investors Shift Record Amounts From U.S. Stocks to Bonds Investors shifted record amounts out of U.S. stock funds and into bonds, while withdrawing money from emerging-market equities for a 15th straight week, according to Citigroup Inc. U.S. equity funds had $24 billion of outflows in the week to Feb. 5, according to a… Continue reading Equity Mutual Fund Withdrawals
<Click on chart for larger image> The Financial Times – Why the dollar stays steady as America declines Against a trade-weighted basket of currencies, the value of the dollar is little changed from 2008. And while the dollar’s role as a reference currency has diminished in recent years (for example, because more oil is being… Continue reading The Dollar’s Status As A Reserve Currency
Bloomberg.com – Fed Is Misled by Wealth Effect Why is the wealth effect a flawed theory? Start with that correlation error: What actually occurs during periods where stock prices are rising? As Benjamin Graham observed, over the long term, markets act like a weighing machine — valuing equities based on their cash flow and earnings.… Continue reading The Wealth Effect