Newsclips
Market Effects of Target Date Funds
June 29, 2022
Target date retirement funds have grown from less than $10 billion to almost $4 trillion in little over a decade. Their actions are having an effect on markets.
Target date retirement funds have grown from less than $10 billion to almost $4 trillion in little over a decade. Their actions are having an effect on markets.
Today's topics include financial conditions tightening faster than during past hiking cycles, interpreting the bounce in bonds, is the Fed leading markets or following?, Mester chimes in on rates, more on recession odds, projecting inflation, reining in housing demand, oil production, and Asian currencies' tough quarter
Traders continue to worry about quantitative tightening draining liquidity from financial markets. The bigger and more immediate concern might be the drain on reserves from the Fed's ever-growing reverse repo facility.
Today's topics include still on track for 75 in July, optimistic earnings estimates, the global economic slowdown, betting against the BoJ, Michael Burry on the bullwhip effect, when will rates peak?, Larry Summers on secular stagnation, living paycheck to paycheck, falling commodity prices, and IPOs disappear in 2022
We believe the horrific performance of financials, fintech, and cryptos indicates the current financial system is not meeting the needs of a 21st-century digital economy. It is ripe for disruption.
Today's topics include the Fed's path forward, stocks vs. bonds, an average bear market, ringing the alarm on the energy crisis, the case for persistent inflation, an eye on rents, Russia officially defaults on debt, and betting against Tether
Today's topics include misreading the Fed, Russian gas crisis, easy money gone for fintech, what consumers think of inflation, chances of a US recession, the housing market, markets question credibility of central banks, and looking at the future of crypto
Today's topics include bonds as a diversifier, worst bond rout since 1780s, betting against the BoJ, using financial conditions as a policy tool, central bank credibility, unaffordable rents, refiners reaping profits?, and quants profiting from crypto's fall