Today's topics include corporations continue to raise cash, banks look to offload deposits, productivity on the rise, high valuations, SPACs, taxes' effect on fund flows, bankruptcies in Europe, and bitcoin vs. ether
Jim Bianco: A quick word about inflation and the coming base effect. Here is a Fed favorite, core PCE. The year-over-year change (12-month) is 1.83% for March, up from 1.37% (+0.46%) in February.Here is the 11-month change. It is 2.48%, at a 13-year high. So, if the April reading is 0.00%, the YoY jumps to… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – May 3rd, 2021
Q1 2021 is shaping up as a quarter for the record books as companies are beating earnings estimates at a record pace. But valuations are far from cheap, especially in a rising-rate environment.
Since 1973, commodity total returns have never seen a better start to the year.
Today's topics include your daily crypto update, used car prices boom, Mohamed El-Erian on the Fed, Buffett on economy, Americans' stock holdings increase drastically, European earnings, thoughts on oil, commodities' price boom, and U.S. companies trying to keep up with demand
Bianco Research Conference Call: How Cryptocurrencies Could Transform the Financial Landscape The replay of our April 29, 2021 conference call titled How Cryptocurrencies Could Transform the Financial Landscape can be found here. Ben Breitholtz: The Employment Cost Index (ECI) jumped to 0.9% QoQ, most since June 2007. Remember the ECI avoids the compositional issues impacting AHE,… Continue reading Bespoke Commentary from Bianco Research and Arbor Data Science – April 30th, 2021
Mailed money will only stop when we have gone too far and it produces an adverse outcome, inflation.
Equity funds saw a record $74.4 billion in inflows in March.
Today's topics include NYC metro has a problem, American workers are getting harder to find, margin debt issue, China's hidden assets, transportation rally, double-dip recession for EuroZone, and junk bond pricing