Today's topics include impact of the shutdown, previewing the payrolls report (in case it is released on Friday), relying on private data in the absence of government data, Lisa Cook to remain at Fed until case in January, how have markets reacted to past shutdowns?, Summers not buying what Miran's selling, shadow bank lending, declining manufacturing productivity, and gold's rise resumed in September
Gold has trended higher this year as inflation remains above the Fed's 2% target. The dollar has depreciated as fiscal concerns grow.
Today's topics include a top-heavy market, Nvidia's 'vendor financing' criticism, government shutdown begins, ETF flows, mortgage rate breakdown in the U.S., falling oil prices, is AI taking jobs?, and student loan debt & gen x
ETFs have become a dominant force in U.S. trading since their inception in 1993.
The Bianco Research Fixed Income Total Return Index is set for higher rates and a steeper curve, overweight MBS, underweight corporates, with conviction in EM debt and short-term TIPS. Join us Thursday to discuss the drivers.
Today's topics include no jobs data in the event of a shutdown, the economy relies on the consumer, Treasury buyers, doing away with the fed funds rate, the cost of energy in the U.S., credit market conditions, and Fedspeak
The Bianco Research Fixed Income Total Return Index is set for higher rates and a steeper curve, overweight MBS, underweight corporates, with conviction in EM debt and short-term TIPS. Join us Thursday to discuss the drivers.
The economy appears strong, inflation seems sticky, the stock market is hitting new highs while credit spreads are at generational lows, and the market may even be signaling that the Fed is now neutral.
Jim Bianco joins Bloomberg to discuss Fed Division, the Fed's Inflation Target & the Labor Market with Jonathan Ferro & Lisa Abramowicz.