Charts of the Week
Q2 GDP Fell Short of Economists’ Expectations
August 6, 2021
With the exception of Q3 2020, Q2 GDP growth was higher than any since 2003. Why did it fall short of economists' expectations?
With the exception of Q3 2020, Q2 GDP growth was higher than any since 2003. Why did it fall short of economists' expectations?
China's crackdown on crypto miners has led to a decrease in bitcoin's hash rate.
The Bloomberg Commodities Index has returned 23.38% so far in 2021, marking one of the best years on record.
As might be expected, the regions of the world with higher vaccination rates have managed to keep death counts relatively low despite a surge in infections.
An update of the world of negative-yielding debt
A long-term look at the unemployment rate
Some interesting charts from our recent posts
Colleague: Any thoughts on continuing claims in light of ADP yesterday? Jim Bianco: From WWR WSJ: U.S. Jobless Claims Remain at Elevated Level After Steady Decline Also ADS had a good write-up today: Who Is Ready to Work? The Vaccinated or Those Without Enhanced UE Benefits? There are certainly a lot of moving parts, but… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 5th, 2021
Today's topics include timing the taper & first hike, the Fed's reserve repo facility, fixed-income relative-value arbitrage, wage growth, the labor force is shrinking, jobless claims, more on the eviction moratorium, shipping containers are a hot commodity, and negative-yielding debt
ZeroHedge: AMC Foolishness Comes At A Dear Cost Tyler Durden – When a central bank recklessly manipulates interest rates, the process fails. In such circumstances capital tends to gravitate toward speculative investments. The fittest, or those offering the economy the most productive benefits, do not receive the lions share of capital. Quite often, so-called zombie… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 4th, 2021
Today's topics include Treasury targets November for reduction in issuance, Howard Marks on the inflation debate, rents on the rise, the housing market, Biden's eviction moratorium, gauging the odds of another term for Powell, businesses increasing credit lines, Chinese companies' valuation, measuring COVID concerns, and the latest snag in the supply chain