Newsclips
Earnings Update: Record Quarter And High Valuations
May 24, 2021
With Q1 2021 earnings season essentially over, earnings beat even the most optimistic estimates. Valuations remain high.
With Q1 2021 earnings season essentially over, earnings beat even the most optimistic estimates. Valuations remain high.
Today's topics include searching for positive inflation-adjusted returns, could inflationary pressures lead to deflationary pressures?, spending on goods vs. services, the yuan, banks continue piling into Fed's reverse repo facility, reaching for yield, SPACs, checking in on port congestion, Mark Cuban vs. Elon Musk in the crypto space, and Lael Brainard on CBDCs.
Jim Bianco: Last month the Fed said they had five years to create a digital currency. Today Powell put out this video talking about stablecoins and the Fed will have a report out on it this summer. They are getting passed by the crypto world and have to move faster. My early take. A Central… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – May 21st, 2021
Yesterday the Fed took $351 billion in reverse repo from banks and money market funds, the fourth-highest total ever. Why is this happening?
Today's topics include more supply chain issues as the world reopens, more on housing's effect on inflation, the big get bigger, the global IPO market, hedge funds' effect, and institutional acceptance of cryptos
Bloomberg Opinion: Why the Bitcoin Crash Was a Big Win for Cryptocurrencies Jim Bianco – The cryptocurrency market means different things to different people. To many, it represents an object of naked speculation, which consumes almost all the media coverage about the space. For these people, Wednesday was a bad day, with the Bloomberg Galaxy Crypto Index plunging… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – May 20th, 2021
Today's topics include will the Fed be the last to act?, U.S. inflation expectations, Euro inflation, a standing repo facility, bank M&A deals, cryptos' wild day, extra unemployment benefits coming to an end, and stocks' muted response to earnings beats
Bianco Research Conference Call: What Is the Market Telling Us About Inflation? Tomorrow, May 20, at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 BST) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a client webinar/teleconference moderated by Jim Bianco. The Federal Reserve spent months preparing markets for… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – May 19th, 2021
Today's topics include inflationary concerns, is 4% the magic level for inflation?, QE's relationship with stocks, corporate zombies, more on SPACs' fall, dollar weakness, and European share buybacks