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Bespoke Commentary from Bianco Research and Arbor Data Science – June 4th, 2021
June 4, 2021
Jim Bianco joins Fox Business’s Charles Payne to discuss Crypto, Inflation and the Payroll Report Ben Breitholtz: Twitter: Dario Perkins @darioperkins Think there are 2 inflation stories. One is about reopening & covid (definitely transitory). The other is about longer term shifts in policy frameworks, “power” dynamics, MMT etc. I dont think they overlap and the… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – June 4th, 2021
Newsclips
Employment in Pictures – Still Over 7 Million Jobs Short of Pre-Pandemic Levels
June 4, 2021
There are still over 7 million fewer jobs in the U.S. than there were prior to the pandemic. Despite solid gains in leisure and hospitality jobs the past few months, the industry is still over 2 million jobs below pre-pandemic levels.
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Quick Comments/What We’re Reading
June 4, 2021
Today's topics include talkin' interest rates, picking apart the Fed's transitory mantra, measuring inflation during a pandemic, China's attempt to control commodity prices, government borrowing, contagious unemployment, a good month for active managers, wealth & debt by generation, and commercial real estate after the pandemic
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Cartoons
June 4, 2021
Charts of the Week
Profiling the Mutual Fund & ETF Universe
June 4, 2021
57% of households owning mutual funds make more than $100k per year.
Charts of the Week
The Divide Between Active and Passive Fund Fees
June 4, 2021
Active equity funds continue to charge 10x the fees of passive equity funds.
Charts of the Week
Domestic Equity Investors Flocked to Low Fee Funds in 2020
June 4, 2021
Domestic equity funds with the lowest fees saw the largest inflows in 2020.
Charts of the Week
Retirement Assets
June 4, 2021
Over a third of U.S. households own an IRA. The difference in ownership between the highest and lowest income buckets is staggering.
Charts of the Week
Equity ETFs Account for 26% of Stock Market Volume
June 4, 2021
Equity ETFs accounted for 26% of stock market volume in the U.S. in 2020.
Charts of the Week
Government vs. Prime Money Market Funds
June 4, 2021
A look at the holdings of government-only money market funds versus prime money market funds
Charts of the Week
LT Outlook: US Population Per Housing Start
June 4, 2021
A long-term look at population per housing start