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Monthly Fund Flows – ETFs Make Up a Quarter of All U.S. Exchange Volume
July 28, 2023
ETFs have become a dominant force in U.S. trading since their inception in 1993.
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Quick Comments/What We’re Reading
July 28, 2023
Today's topics include BoJ's surprise move, getting back to 2%, what level creates tighter financial conditions? hint: not 5%, where is the slowdown?, AI bubble continues along, deconstructing "smart beta" funds, and back to 'no landing?'
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Cartoons
July 28, 2023
Newsclips
Market Capitalization as a Percentage of GDP
July 27, 2023
A look at the size of various markets compared to the U.S. economy
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Quick Comments/What We’re Reading
July 27, 2023
Today's topics include how long until the economy slows down?, is the Fed done?, understanding Fedspeak, future rate expectations, commercial real estate pain is just getting started, higher rates & the consumer, we haven't reached peak oil yet, the government will continue to borrow, and has the AI rally created a new bull market?
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Cartoons
July 27, 2023
Newsclips
What Will the Fed Do Next?
July 26, 2023
While the debate today will focus on how many more rate hikes are coming, another debate is when and by how much the Fed will cut in 2024. History suggests rate cuts do not happen as part of a victory lap on signs of lower inflation, but when the economy and markets turn sour in an attempt to stop a recession.
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Quick Comments/What We’re Reading
July 26, 2023
Today's topics include Jim discusses inflation's base effects, no more free lunch from Powell's pressers, previewing tomorrow's GDP release, higher rates have yet to bite corporate treasurers, the downside to falling inflation, stock market concentration, and crypto trading volume at extreme low
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Cartoons
July 26, 2023
Newsclips
Quick Comments/What We’re Reading
July 25, 2023
Today's topics include the rising cost of carrying debt, hawks vs. doves, consumer spending, playing accounting games with uninsured deposits, economists push back on idea of soft landing, and tech returns closing in on crypto returns