Today's topics include talkin' about the UK, the treasury floats the idea of bond buybacks, Bostic's trading violations, state stimulus programs aren't helping the fight against inflation, inflation's effect on the global economy, blame the UK's problems on clearinghouses, rents & inflation, measuring the bond market's carnage, put on your tin foil hat, and issues in the diesel market
The extreme pace of global central bank tightening is causing turmoil across all financial markets. Much of the focus is on the "liquidity hole" in the bond market, however equity markets are showing cracks.
Today's topics include the UK's fiscal U-Turn, the BoE's repo facility, more on yesterday's inflation data, treasury market problems, yesterday's big stock reversal, capital expenditures in the oil industry, and the blockchain's advantages
In the week ending October 12, the Fed paid out over $4 billion more in interest expenses than it received in interest income. As the Fed continues to hike rates, these weekly losses will only grow larger.
Fed officials have pushed back on the markets' hopes for a pivot. Fed funds traders appear to be getting the message.
If current methodologies and weights were applied historically to CPI, current growth rates would be much closer to the all-time highs set in 1980.
As the dollar continues its relentless rise in 2022, stocks in the S&P 500 most heavily dependent on foreign revenues have underperformed stocks focused on U.S. revenues.
A comparison of the assets and liabilities of the wealthiest Americans versus the rest of the country
2022 has been a year of asking, "could it get any worse?" With central banks raising rates at a historic pace, financial markets are feeling the pressure. The S&P 500 has fallen roughly 24%, but signs of panic have yet to appear even as large traders abandon positions.
A long-term look at wheat prices