While inflation data might be benign enough to allow the Fed to cut rates at some point this year, the labor market is not nearly weak enough to demand such a move. We believe the trade war will continue to cast enough uncertainty to keep the Fed in wait-and-see mode.
Q2 2025 earnings season began last week, and through yesterday, 22 companies have reported. Growth is expected to be well below recent quarters.
Today's topics include Bessent's plan for debt management, the right level of ample reserves, the 'mad man' approach creates unpredictability, port of LA cargo volume surge, U.S. & E.U. trade situation, Japan's long end rates surge, a pretty good perspective of what Miran envisioned for the U.S. economy, and more wait & see
Jim Bianco joins the Schwab Network and Fox Business to discuss Trump applying pressure on Powell, where Fed policy should be & second-half market opportunities.
Jim Bianco joins the Schwab Network and Fox Business to discuss Trump applying pressure on Powell, where Fed policy should be & second-half market opportunities.
The Commitments of Traders report allows investors to gauge position changes for different groups of traders/investors.
Today's topics include previewing tomorrow's CPI report, Trump ramps up the heat on Powell, checking in on the odds of a rate cut, T-bill issuance, all quiet on the investment banking front, taking Fannie & Freddie public, and stablecoins' effect on the Treasury market
Today's topics include America has a construction problem, not an interest rate problem, on the Fed's balance sheet, how many cuts are coming?, volatility measures looking through the noise, immigration & the labor force, rising oil supply, how is China reacting to tariffs?, and Bitcoin's rally
Join us Today, July 10 for our next conference call.