Charts of the Week
Alternative Measures of a Hot Housing Market
February 25, 2022
Shelter costs remain an important factor for inflation. By many of Redfin's alternative measures, the housing market remains as hot as ever.
Shelter costs remain an important factor for inflation. By many of Redfin's alternative measures, the housing market remains as hot as ever.
Checking in on market drawdowns from their highs in a volatile week
The market currently expects seven hikes by the end of 2022, with 100 basis points worth of hikes expected in the next three meetings.
Stablecoins like Tether and USDC will have to be as transparent as possible moving forward to satisfy regulators. Their attestations have become increasingly explicit over the past year, something which must continue if they hope to remain the backbone of decentralized finance.
Updating the growth in central bank balance sheets
A long-term look at 10-year Treasury yields
Some interesting charts from our recent posts
Jim Bianco: Latest drawdown charts. The most worrisome part, to me, is interest rates are not giving an inch. In fact the 2-year finished about 1.60%. Zero flight to quality after this big decline. My takeaway, this is about inflation. It is a real problem and needs to be dealt with, and if that means… Continue reading Bespoke Commentary from Bianco Research & Arbor Data Science – February 24th, 2022
For the time being, Putin appears to have no interest in backing down. This puts central banks in an even worse spot than before. Growth will likely take a hit, but inflation will also remain elevated. We believe the Fed will attempt to tame inflation first, worrying about slow growth later.
Today's topics include crude oil tops $100, real yields' historic slide, Russia's role as commodities supplier, China's role in sanctions, a stagflationary shock, financial conditions, trading the lumber market, and SPACs struggling to find deals
Jim Bianco: The 10:1 ratio of this tweet should stand as evidence of how important, and how angry, the public is about inflation. Jim Bianco: Manheim: Wholesale Vehicle Prices Decline in First Half of February Manheim Market Report (MMR) prices saw accelerating declines through the first two weeks of February. The latest trends in the… Continue reading Bespoke Commentary from Bianco Research & Arbor Data Science – February 23rd, 2022