Today's topics include RBA abandons yield curve control, global short-term yields on the rise, stock vs. bond volatility, consumer spending, Treasury liquidity concerns, whackflation, enticing more retail into options, quantifying supply chain problems, Dow 36k!, and the Fed's stablecoin paper is finally released
This is one of my favorites of all time https://t.co/FG2RKTE7xP — Nik Bhatia (@timevalueofbtc) September 28, 2021
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Ben Breitholtz: Economists’ expectations for October payrolls showing the tightest distribution since the pandemic got underway. Range is currently 450k with a median estimate of 450k. Job-related search activity finally improved in October, suggesting payrolls should meet or exceed the median… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – November 1st, 2021
In the last month, markets are pricing in more aggressive tightening monetary policy across the globe, sending short rates higher. This move accelerated in the last week. Is this signaling the end of the "transitory" inflation era?
267 companies have reported earnings with a beat rate of 83%. This is down slightly from the past couple of quarters, but still very high historically.
Commodity returns have benefited from the global reopening.
Today's topics include the taper few talk about, central banks' big week, quantifying retirees, the case against a wage spiral, the perilous state of China's property developers, seasonal adjustments during a pandemic, Powell's odds of remaining fed chair, Robinhood's sources of revenue, and crypto volatility
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Jim Bianco joins Fox Business to discuss Wage Inflation, the Spending Bill and Cryptocurrencies Ben Breitholtz: 10-year inflation expectations rolling over HARD across Europe and North America, while Asia holding ground. The average move across 10-year inflation expectations globally reached an… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – October 29th, 2021
Despite stocks massively outperforming bonds since QE began in 2009, bond funds have seen much larger inflows.
Today's topics include the taper & inflation, bonds' terrible year, Fed distancing itself from 'transitory' narrative, reforming Eurozone fiscal rules, Biden's approval rating, earnings season concerns, evergrande buying time, Tesla's growth in the S&P 500, whales accumulating Bitcoin, and non-fungible tokens