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
Jim Bianco: Why Inflation Is Here To Stay! More Repo Madness, Will Fed Do Yield Curve Control? Ben Breitholtz: Growing list of inflation-inducing stuff coming off the boil (yes, some base effects here too): – supplier delivery times – prices paid – used car prices – flatbed rates – wti base effect In an odd… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 3rd, 2021
While many still focus on inflation when discussing bond yields, it still appears as though falling yields are actually signaling a dramatic slowing in the economy, led by the surging Delta variant.
While the virus has surged again due to the Delta variant, a significant decline in mobility has yet to be seen across the country.
Today's topics include interpreting the bond market, the old 'stock vs. flows' argument on the taper, credit card balances, defending the gold standard, will Powell get another term?, rising rents, the Treasury works around the debt ceiling, only 25% passed CFA exam, institutional crypto trading, and crypto regulation
Jim Bianco: The US is rising, Japan is spiking, Australia just expanded its lockdowns to include Brisbane, and then this … Bloomberg: Forecaster Who Predicted India’s Covid Peak Sees New Wave Coming Bhuma Shrivastava and Malavika Kaur Makol – India is likely to see a rise in Covid-19 infections building into a new — though… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – August 2nd, 2021
The fear is a continued rise in cases will lead to harsher economic restrictions that will impede activity.
Recently we have looked at some of the impressive monthly or YTD returns in stocks, bonds, commodities and currencies. This month we take a step back to see how these huge swings have affected returns over a longer timeline.
130 S&P 500 companies have reported Q2 earnings with a beat rate of 87%, well above the average since the Great Recession.
Today's topics include US bond weights cut, supply chain shock continues, debt to begin scaling back, pandemic housing boom, financing tech, eviction ban expires, and the EV market