Today's topics include talking inflation, real yields, selling Biden's stimulus plan, the K-shaped recovery, how will stimulus checks be used?, Eurozone vs. U.S. inflation expectations, small caps vs. large caps, and further evidence of the mania in penny stocks
OMG, I can't believe my question got on the air.@federalreserve @PrincetonBCF @Princeton @MarkusEconomist pic.twitter.com/HJTIPahqL3 — Rudy Havenstein, Senior Markets Commentator. (@RudyHavenstein) January 14, 2021
There is a real chance the U.S. could experience a double-dip recession. The hope is this would also be a short-lived recession as the vaccine will help get COVID under control later this year. But, for now, many measures suggest the economy is struggling.
Today's topics include Biden's stimulus plan, the retail crowd piles into the OTC market, hedging against inflation, tallying the costs of the pandemic, a gamma squeeze brewing?, muni fund inflows, and looking back at China's trade deal targets
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?
The CBO recently offered projections for the government's net interest expenses under both low-rate and higher-rate scenarios.
The cryptocurrency universe briefly surpassed $1 trillion in market value. Over 83% of this is in Bitcoin and Ethereum.
Elon Musk recently became the wealthiest person in the world. Zhong Shanshan continues to climb the list at an extraordinary clip, overtaking Warren Buffett to become the sixth richest person in the world.
The Main Street Lending Facility and Muni Liquidity Facility both saw a last-minute surge in activity as they came to a close near year-end.
An update of the world of negative-yielding debt
A long-term look at 10-year annualized real S&P returns