Jim Bianco joins Fox Business to discuss the "No Landing" Outlook, Rate Cuts in 24, Food Inflation with Charles Payne.
Today's topics include the Fed vs. the markets, yesterday's strong PMI data, liquidity concerns, concerns over corporate profits, bullish tech sentiment, junk spreads as a contrarian indicator, and China losing ground to India.
A replay of our February 8, 2024 conference call.
We are nearly halfway through Q4 2023 earnings season. Earnings expectations were declining into reporting season but given strong beats, quarterly growth expectations have risen.
Today's topics include Powell's 60 Minutes interview, Fed officials weigh in on rate cuts, the OECD weighs in on rate cuts, the last mile in the battle against inflation, big swings in yields, questioning Shiller's Cape valuation measure, the Mag Seven's earnings, and the BoJ ready to say goodbye to negative rates?
Payrolls beat even the highest estimate in Bloomberg's survey of economists. Revisions to past months were also the highest in a couple years. As a result, traders now see a March rate cut as unlikely.
Today's topics include what's happening in commercial real estate?, El-Erian says Fed has a messaging problem, money market funds cross the $6t mark, deciphering what's ahead for markets, dot-com era comparison getting stronger, regional bank concerns, finding solutions to Red Sea shipping issues, bond market drawdown, and AI & market efficiency.
Through much of the QE era, dividend yields outpaced T-bill yields. This has not been true over the last year and a half, however.
The euro turned 25 on January 1. Where does it now stand in terms of a global currency?