Permissionless II: Do We Still Need to Worry About Macro? featuring Jim Bianco, Jurrien Timmer & Mark Yusko moderated by Jack Farley.
Ever wondered about the pulse of the bond market? Or pondered which countries are in the lead when it comes to buying oil in these tumultuous times? Jim posits, and I think you’ll find this fascinating, that we’re operating in more of a unified world market than most of us are inclined to believe.
Today's topics include contrarians take note, headwinds to lower inflation, the state of the U.S. consumer, flows follow performance, Dudley on bank capital requirements, small cap underperformance, 0DTE, Mexico overtakes China as the biggest U.S. trade partner, and Kyle Bass on banks' exposure to office space.
Inflation in Japan is reaching 40+ year highs. Now that the country has effectively raised the upper limit to its yield curve control, rates are heading higher. Given they are the largest foreign owner of US Treasuries, more attractive Japanese yields are negative for the US bond market. A significantly weaker yen/stronger dollar could change traders opinions, but this is not happening yet.
Today's topics include Timiraos speaks, the jobs market, overly optimistic earnings estimates?, concerns over rising oil prices, China's negative outlook, work from home, the credit market, and the U.S. consumer.
Jim Bianco joins Fox Business to discuss the Bank Walk, Bankruptcy Boom & latest in the Crypto Market with Charles Payne.
The recent spike in bankruptcies in August has been much talked about in the last few days. Some worry it is a sign a credit event is coming. This is not how the relationship works. The credit event, or tighter lending standards, leads the spike in bankruptcies.
Today's topics include the basis trade, bigger economic revisions, what drives economic sentiment?, rising credit limits, China's economic growth, excess savings running out, the housing market, and JPMorgan dives further into blockchain tech.
Many government statistics are collected via surveys. As with political polls, the public is souring on answering them. The result is lower response rates and larger error rates.