Deal Journal (WSJ Blog) – Deal Yenta: Who Could Be Bidding on Hostess Assets With Twinkie and Ding Dong maker Hostess Brands heading into liquidation, the company says it will be looking to sell off assets and brands. CEO Gregory Rayburn said today he hopes the brands can get bought and “live on,” though he… Continue reading 2012’s Best Investment Idea, Twinkies
Comment Yesterday we hosted a conference call titled “The Fiscal Cliff and Beyond.” If you missed it, here is the audio and handout. Monday we will have the webcast and transcript. Audio [audio:https://www.biancoresearch.com/bianco/SubscriberArea/503842-646079.mp3|titles=Conference Call] [pageview class=”PDFViewer” url=”https://www.biancoresearch.com/bianco/wp-content/plugins/PDFViewer/plugin.php?id=103″] Comment Going into the election, the markets were not worried about the fiscal cliff at all. A few… Continue reading Conference Call: The Fiscal Cliff and Beyond
Bloomberg.com – Bernanke Says Fed Will Do What It Can to Support Housing Federal Reserve Chairman Ben S. Bernanke said the Fed will take action to speed growth and a rebound in a housing market facing obstacles ranging from too- tight lending rules to racial discrimination. “We will continue to use the policy tools that… Continue reading Bernanke To Support Housing, Will It Matter?
Business Insider – We’re Heading Toward A World With Only One Stock Market Trade In his U.S. Equity Strategy Weekly note last week, RBC Capital Markets’ Myles Zyblock wrote about how it is becoming increasingly difficult to be a good stock picker (i.e.someone who doesn’t just invest in index funds). “At a basic level, we… Continue reading Market Correlation Returns
Bloomberg.com – Fisher Says Fed Can’t Save U.S. From ‘Fiscal Perdition’ Federal Reserve Bank of Dallas President Richard Fisher said the Fed can’t avert “fiscal perdition” as lawmakers wrangle over how to avert $600 billion in tax increases and spending cuts threatening economic growth. “The Federal Reserve has been carrying the ball for the fiscal… Continue reading The Federal Reserve Speaks
The Wall Street Journal – U.S. securities regulators said SEC Report Faults Credit Raters U.S. securities regulators said in a report Thursday that the credit-ratings industry remains plagued by failures in meeting its own standards, weak oversight and poor documentation of its rating decisions, despite years of heightened scrutiny after the financial crisis. In its… Continue reading SEC Criticizes Rating Agencies
The Financial Times – Corporate debt rally runs low on fuel The sharp rally in corporate debt since the summer is showing signs of fraying as investors pull money from the asset class amid resurgent eurozone worries and fears of the US fiscal cliff. High yield corporate bonds are under particular pressure, with a flagship… Continue reading The Corporate Bond Rally
The Economist – The time-bomb at the heart of Europe Why France could become the biggest danger to Europe’s single currency THE threat of the euro’s collapse has abated for the moment, but putting the single currency right will involve years of pain. The pressure for reform and budget cuts is fiercest in Greece, Portugal,… Continue reading France: The Sick Man Of Europe
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Comment On November 15, 2012 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. Join us Thursday as we discuss the fiscal cliff and its market implications. Now that the election is behind… Continue reading Join Us For Today’s Conference Call/Webcast
Comment Jim Bianco was on Bloomberg TV yesterday discussing the fiscal cliff. To view the interview click on the image above. To view any of our recent interviews click here. The Wall Street Journal – Obama Presses For Higher Taxes, But Adds Caveats President Barack Obama said Wednesday he will push for a deal to… Continue reading The Fiscal Cliff