Year-over-year inflation came in below expectations. Given the lack of government data, the rate-cut status quo is likely to persist. Expect the Fed to lower rates 25 basis points next week and again in December unless the markets blow up and dictate a stronger response.
Today's topics include continuing the conversation about liquidity, earnings strength continues, gold & bond flows break records despite all-time equity highs, Canada-U.S. trade tensions, don't forget about China-U.S. trade issues either, AI's impact on the labor market so far, not a broad construction boom, and 24-5 trading is coming faster than you think
Today's topics include previewing tomorrow's CPI report, a deeper dive into the funding markets, Lorie Logan's quest to adopt tri-party repo as the official Fed target, ADP pulls the plug on data share with Fed, profit margins, oil supply & demand, the never-ending bull market, and leveraged ETF traders learn about volatility decay
Today's topics include talkin' markets, detailing usage of the Fed's standing repo facility, Dudley thinks the Fed is too dovish, gold's weekly rally streak in jeopardy, be careful reading too much into GDPNow during shutdown, another estimate that 30k - 40k jobs growth is now acceptable, and the dollar's tight trading range
Jim Bianco joins Fox Business to discuss the Health of the Stock Market Rally, the Secured Overnight Financing Rate (SOFR), Gold and what the Bond Market is telling us about Federal Reserve Rate Cut Expectations with Charles Payne.
Q3 earnings are heating up. Through Monday, 58 companies have reported and the year-over-year annualized quarterly growth rate stands at 7.74%.
Today's topics include your daily update on the funding markets, different opinions on regional bank problems, a rising tide lifts all boats, active vs. passive QT, another margin debt chart, the neutral rate's importance to the fiscal outlook, silver still a long way off its inflation-adjusted peak, and an update on global shipping
Funding markets are showing signs of stress. How concerned should we be? We will also share our thoughts about inflation heading into Friday's CPI release and AI’s impact on investing.