Today's topics include debating inflation, the ECB & inflation, wage growth, betting on $100 crude, dissecting bubbles, dealing with base effects, spending stimulus checks, inflows into dividend funds, bitcoin vs. ethereum, and commercial paper
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
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.
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
57% of households owning mutual funds make more than $100k per year.
Active equity funds continue to charge 10x the fees of passive equity funds.
Domestic equity funds with the lowest fees saw the largest inflows in 2020.
Over a third of U.S. households own an IRA. The difference in ownership between the highest and lowest income buckets is staggering.
Equity ETFs accounted for 26% of stock market volume in the U.S. in 2020.
A look at the holdings of government-only money market funds versus prime money market funds