Newsclips
Employment in Pictures – The Beats Roll On
May 5, 2023
Payrolls beat estimates for a record 13th straight month.
Payrolls beat estimates for a record 13th straight month.
Today's topics include the 'bank walk' continues, is the Fed done?, falling oil market, regional bank shares in focus, how much debt is too much?, Fed pause no reason for bullishness, global dollar credit contraction, and UK economy stays strong
Today's topics include talkin' Fed policy & the banking crisis, the Fed pulls off its hawkish pause, Powell's statement on banks didn't age well, understanding FedSpeak, Treasury announces buyback program, previewing tomorrow’s payrolls report, the latest on the debt ceiling, quantifying depositors concerns' for their money, and Goldman under review in SVB probe
Today's topics include today's FOMC meeting is all about parsing Powell's 'pause' language, Kaplan argues for a 'hawkish pause', the market finally shows concern over debt ceiling, the moral hazard of increased deposit insurance, money supply, market timing is difficult, Hindenburg takes aim at Carl Icahn, and Balaji's million dollar crypto pr stunt
Today's topics include we now have an 'X-Date', behind the scenes in the bid for First Republic, betting on recession, blame profit margins for stubbornly high inflation?, active ETFs gaining popularity, new vs. existing home sales, and filling Fed vacancies
A replay of our May 5, 2023 conference call.
Q1 2023 earnings season is nearing the halfway point, and the typical bounce is underway with 80% of the companies beating expectations.
The S&P 500 equal weight index's returns trail the market cap weight index's returns by a large margin this year. This is another sign of poor market breadth.