MoneyBeat (WSJ Blog) – For Oil, Conventional Wisdom No Longer Applies The danger of superlatives is that after a while they begin to lose their meaning. “Revolution.” “Unprecedented.” “Game-changer.” But when it comes to telling the story of how decades of oil supply and demand trends changed in a few years, there really is no… Continue reading The Changing Landscape Of The Oil Market
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Charts of the Week Topics Covered This Week Include: Employment In Pictures Employment In Pictures – 2 Employment In Pictures – 3 Will The Federal Reserve Lose Money? Will The Federal Reserve Lose Money? – 2 Mutual Fund Flows Update Market Capitalization As A Percentage Of GDP Earnings Expectations – Always Fall Into Earnings Season… Continue reading Charts of the Week
Watch the latest video at video.foxbusiness.com Comment Jim Bianco was on FOX Business yesterday discussing QE and payrolls. To listen to the interview, click on the image above. To view any of our recent interviews, click here. Bloomberg.com – Caroline Baum: Fed Easing Is Better Than the Alternative Remember Greg Smith, the Goldman Sachs employee… Continue reading Discussing Taper Talk
Bloomberg.com – Zell Says Buyers Lulled Into State of ‘Kumbaya’ by Easy Money The Federal Reserve’s effort to jolt the U.S. economy to life by pumping cash into the financial system is causing price gains on everything from stocks to apartment buildings to outpace growth, according to billionaire real-estate investor Sam Zell. “There is a… Continue reading Sam Zell Speaks
Barron’s – John Kimelman: The Latest Measures of a Bid-Up Stock Market Various data points suggest that the broader indexes don’t have much more room to rise Want proof that the bull market that began in March 2009 is getting long in the tooth? The financial press these days is filled with it, using data… Continue reading More Worry The Stock Market Is Overheated
Bloomberg.com – Yellen Rejoins QE Debate as Senate Hearing Gives Critics Forum Federal Reserve policy makers have publicly debated whether to maintain their bond-buying pace since well before Janet Yellen was named last month to succeed Chairman Ben S. Bernanke. One voice has been missing: Yellen’s. Tomorrow, she’ll express her views publicly for the first… Continue reading Yellen To Discuss QE
CNBC – Jack Lew: US is leading world in economic recovery The U.S. is leading the way in a global economic recovery and there should be little question about its ability to fulfill its debt obligations, Treasury Secretary Jack Lew told CNBC Asia in an exclusive interview on Wednesday. A political crisis in Washington last… Continue reading Jack Lew Discusses The U.S. Economy
The Financial Times – Martin Wolf: Why Draghi was right to cut rates National divisions undermine the legitimacy of the monetary union The monetary policy of the European Central Bank has been too tight. This is shown in the fall of core annual inflation to just 0.8 per cent in the year to October 2013.… Continue reading More On The ECB’s Rate Cut
The Financial Times – Goldman bet looks beyond hedge fund gloom Goldman’s move comes as hedge fund portfolios are about to record a fifth consecutive year of underperformance of the S&P 500 index, according to data provider HFR. However, this failure to live up to past successes has done little to dent investor enthusiasm and… Continue reading Goldman Bets On Hedge Funds
<Click on chart for larger image> CNN/Money – U.S. to become top oil producer by 2015 The United States will knock off Saudi Arabia as the world’s top energy producer by 2015, but its power as a global energy force will fade over the next decade, according to a report from the International Energy Agency. … Continue reading Will The U.S. Top Saudi Arabia In Oil Production?
CNBC.com – Fed taper could be good for Mexico: Carstens He added that communication by the Fed’s Open Markets Committee, which initiated forward guidance under Ben Bernanke, was key. When speculation that tapering would be announced this autumn by the Fed began, capital flooded out of emerging markets including Mexico. The Mexican peso has weakened… Continue reading How Tapering Affects Mexico