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Newsclips
What Will the Fed Do?
February 25, 2020
The decline in the market has put the Fed back in play this spring.
Newsclips
Can Anyone Stop Bernie Sanders?
February 25, 2020
The South Carolina debate is tonight. Bloomberg and Biden will attempt to stop Bernie Sanders from running away with the nomination.
Newsclips
Quick Comments/What We’re Reading
February 25, 2020
Today's topics include tracking coronavirus, more on private equity, studying the Fed's inability to hit 2% inflation, turnaround Tuesday?, looking at central banks' toolboxes through a game theory lens, quants vs. T-Bills, and fixing the bond rating game.
Newsclips
Cartoons
February 25, 2020
Newsclips
Why Did the Market Wake up to Covid-19 Today?
February 24, 2020
World financial markets are in risk-off mode today as cases of the COVID-19 virus have grown outside of China.
Newsclips
An Earnings Update
February 24, 2020
Q4 2019 earnings season is more than 88% complete and growth estimates are 1.25% higher versus last year, continuing the trend of low growth the past few quarters. Perhaps more concerning, 2020 forecasts appear to be getting hit on global supply chain fears from China’s coronavirus.
Newsclips
Quick Comments/What We’re Reading
February 24, 2020
Today's topics include the odds of a Fed cut, Chinese PMI, coronavirus and global decoupling, private equity vs. the stock market, assessing a potential stock market bubble, the debate on inflation targeting, muni bond fund inflows continue, consolidation in the asset management industry, utility stocks getting pricey, and ESG funds
Newsclips
Cartoons
February 24, 2020
Newsclips
TIC Update – China’s Forex Reserves as a Proxy for U.S. Treasury Holdings
February 21, 2020
Japan remains the top foreign holder of U.S. Treasuries in December. China's forex reserves are also monitored as a proxy for U.S. Treasury holdings.
Newsclips
Quick Comments/What We’re Reading
February 21, 2020
Today's topics include estimating the economic impact of coronavirus, expectations for a Fed rate cut, fiscal stimulus vs. monetary stimulus, caution on hope for Chinese stimulus, mom and pop investors, Japanese pensions piling into foreign bonds, EU budget debates continue, and bitcoins speculative value vs. currency value.