Today's topics include Chinese developers try to skirt default, update on European energy crisis, mutual fund era ends, oil continues the climb, are we already in a recession?, creating a new economy, and crypto FOMO
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Jim Bianco: The Manheim Index of used cars prices was up over 5% in September to a new high. Used car prices are up 27% over the last year. *U.S. SEPT. PAYROLLS INCREASE 194,000; EST. 500,000 *** US Non Farm Report… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – October 8th, 2021
Payrolls growth disappointed for a second straight month, but wage growth continued higher and the unemployment rate fell. The Fed is left in a difficult position in its taper decision.
Today's topics include shortage economy, understanding inflation, China's energy crisis, what happens when central banks are wrong?, how Evergrande happened, expectations matter, drawdown on then off, Stagflation, and checking in on Fed ethics
A growing portion of inflation's components are rising above the Fed's targeted rate of 2%+. Trimmed mean indices have gained in popularity as a result.
As colder weather approaches in the Northern Hemisphere, Europe's natural gas supply is well below historical averages.
A comparison of the assets and liabilities of the wealthiest 1% of Americans versus the rest of the country
The Census Bureau recently released income data on U.S. citizens, noting a decline in inflation-adjusted incomes for the first time since 2014.
Stablecoins have held their peg relatively well in 2021, even through the 60% drop in ETH in mid-May.
An update of the world of negative-yielding debt