Today's topics include stimulus & banks' capital requirements, another story on the dollar's demise, more problems with the pandemic unemployment assistance program, the 60/40 portfolio, tech stocks, cutting Into China's rare earths production, the U.S. exporting crude oil to China, more on permanent vs. temporary job losses, and miles driven in the U.S.
The number of job losers due to temporary layoffs continues to move lower, but the number of permanent job losses is still on the rise.
Today's topics include interpreting the jobs report in the Fed's new inflation-targeting era, investing amidst inflation concerns, the case against inflation targeting, breaking down debt in the U.S., earned income vs. total disposable income, the pandemic's effect on jobs, a huge trade in TIPS, co-investing with the Fed: corporate bond edition, and predicting financial meltdowns with machine learning
Recently we have looked at some of the impressive monthly or YTD returns in stocks, bonds, commodities and currencies. This month we take a step back to see how these huge swings have affected returns over a longer timeline.
Today's topics include consumer spending, investor uncertainty, continuing bank restrictions, ECB support in credit, U.S. long term growth issues, airlines cut jobs, from bounce to grind, debt rush, Boris Johnson on more restrictions, and Robinhood versus accredited investors
Risk markets could come under renewed pressure as investors and betting markets price in a stronger chance of a Biden victory.
Despite another month of healthy stock returns in August, investors pulled one of their largest sums on record out of stock mutual funds and ETFs.
Today's topics include the Fed's unused emergency facilities, the risk that the election is decisive, the second wave, M&A record, on negative rates, Fed strategy, the Fed's lending worries, the dollar's fall created an everything rally, market swings, disparities throughout the pandemic, and waiting on a Mnuchin counter