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Newsclips
Monthly Fund Flows – Money Market Funds Remain Popular
May 31, 2023
Money market funds remain an attractive option for savers. $47 billion flowed into money markets in the week ending May 24.
Newsclips
Quick Comments/What We’re Reading
May 31, 2023
Today's topics include big tech & the index, so wages don't drive inflation?, deciphering what comes next, 0DTE fire sale Friday, the rebalancing trade, commodities signaling disinflation, what does $100k get you these days?, problems with the Chinese economy, and sticking to remote work
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Cartoons
May 31, 2023
Newsclips
The Return of the Bear Flattener
May 30, 2023
Inflation data and booming stock prices put a rate hike in play for June. A second hike in July is not out of the picture. Bond yields and the curve are responding accordingly.
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Quick Comments/What We’re Reading
May 30, 2023
Today's topics include we finally have a tentative debt deal, AI hype, remote work effects, quant funds keeping markets calm?, betting on higher Treasury yields, Chinese economic growth expected to cool, junk bond issuance, and the dollar's global role
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Cartoons
May 30, 2023
Newsclips
Updating the Narrow Market Rally
May 26, 2023
Since early March, the AI/ChatGPT stocks have continued to soar on the idea of a paradigm shift. The rest of the market stopped rallying when banks began struggling.
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Quick Comments/What We’re Reading
May 26, 2023
Today's topics include debt deal coming into focus, money continues to flow from banks to money market funds, corporate profit margins, Cathie Wood misses the AI rally, checking in on gas prices before the holiday weekend in the U.S., mortgage spreads, and trouble filling the KC Fed vacancy
Newsclips
Cartoons
May 26, 2023
Newsclips
Quick Comments/What We’re Reading
May 25, 2023
Today's topics include Fitch puts U.S. on 'rating watch negative', T-Bill yields continue higher, Nvidia aims for the $1t club, Yellen ups the ante, the credit cycle, JPMorgan puts odds of default at 25%, the FOMC minutes, El-Erian on the dollar, are we heading for deflation?, and be wary of company earnings guidance