Comment Today at 9 AM CT (10:00 AM ET, 7:00 AM PT, and 15:00 BST), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webcast/teleconference moderated by Jim Bianco. Click here to register for the webcast Click here for the handout The next 2 ½ weeks contain an incredible amount of… Continue reading The Next Few Weeks
Bloomberg.com – PIMCO’s Gross Expects QE3 ‘Relatively Soon’ Gross on what he expects to hear from Bernanke in Jackson Hole on Friday: “It is a conundrum, so to speak, to use the words of another Fed chairman. It could be a relatively snoozy type of speech in which the title of his speech is monetary… Continue reading Bill Gross Expects QE3 Soon
The Financial Times – ECB Bankers Toil Over Bond-Buying Plan When the world’s central bankers make their annual trip to Jackson Hole it often makes news. But seldom has a central banker’s non-attendance at the Federal Reserve Bank of Kansas City’s symposium grabbed so many headlines as ECB president Mario Draghi’s decision this week to… Continue reading ECB Bond Buying
The Chicago Tribune – Illinois’ credit rating downgraded after pension reform failure Standard & Poor’s took action after special session failed to produce deal on issue Illinois’ credit rating was downgraded by Standard & Poor’s on Wednesday, a move that came after Gov. Pat Quinn’s inability to persuade lawmakers to cut costs in the state’s… Continue reading Illinois … Making California Finances Look Responsible
Bloomberg.com – Caroline Baum: Fiscal Cliff Doesn’t Look So Bad After the Fall Just when you thought you could forget about the fiscal cliff and focus on the Republican and Democratic conventions instead, along comes the Congressional Budget Office to remind us of the impending threat. In its midyear budget and economic outlook last week,… Continue reading The Fiscal Cliff
Reuters – China says willing to buy EU bonds amid worsening crisis China is prepared to buy more EU government bonds amid a worsening European debt crisis that is dragging on the world economy, Premier Wen Jiabao said, in the strongest sign of support for its biggest trading partner in months. The debt crisis, which… Continue reading China Says It Will By Euro Bonds For The 438th Time (But Has Never Done It)
Bloomberg.com – James Grant Says Fed Needs to Get Out of Business of Central Planning Grant on what the Federal Reserve needs to do now to get new best practices: “It needs to get out of the central planning business. The Fed was organized in1914 and opened its doors to conduct a more or… Continue reading Jim Grant Speaks On The Gold Standard
<Click on graphic for larger image> The Financial Times – Investors ponder private bonds over Treasuries The US credit market has been on a tear this summer with investors driving yields down to record low levels for both investment grade and junk-rated bonds. But now as September beckons, investors are growing more cautious, particularly with… Continue reading Corporate Bonds
Bloomberg.com – Hollande’s 100-Day Popularity Is Lowest for a French President Socialist French President Francois Hollande, elected in May, became the country’s most unpopular leader at just over 100 days into the job, a poll showed. Hollande’s approval rating fell by five points to 50 percent from July, beating the 54 percent level for Jacques… Continue reading Hollande Struggles
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Conference Call Presentation/Charts of the Week Audio Topics Covered This Week Include: Summary/Conclusion Who Will Win The Election? Why The Conventions Matter Is Obama A “Risk-On Asset?” Who Will Win Congress? What Will Bernanke Say In Jackson Hole? September 6: ECB Meeting – Defining “Whatever It Takes?” September 7: Payroll Report September 12: German Court… Continue reading Conference Call Presentation/Charts of the Week
Watch the latest video at video.foxbusiness.com Comment Jim Bianco was on FOX Business yesterday discussing the next few weeks. To view the interview click on the image above. To view any of our recent interviews click here. This topic will be discussed in further detail in our conference call tomorrow. To register click here. In… Continue reading The Next Few Weeks