Newsclips
Coronavirus … What Panic?
February 10, 2020
Using cable news coverage as a gauge of concern/interest, we find little panic over the coronavirus. This may suggest little financial market downside has been discounted.
Using cable news coverage as a gauge of concern/interest, we find little panic over the coronavirus. This may suggest little financial market downside has been discounted.
Today's topics include the coronavirus, New Hampshire's primary is tomorrow, ESG funds, a historical look at the Fed's stress tests of banks, rare earths production, more on the BLS's benchmark payroll revisions, workers at the smallest U.S. companies, an aging workforce, the Fed's 2% inflation target, Foxconn factories, and growth vs. value.
The CBO projects the government's net interest expenses will increase over the next ten years.
An inverted curve has a simple meaning. It is a market message that the policy rate is too high.
U.S. equities have outperformed global ex-U.S. stocks by almost 11% since the beginning of 2019.
An update on muni yields and total returns since the beginning of 2019
The Fed offered two term repo operations this week with a reduced size of $30 billion. Both operations were oversubscribed.
Over $50 billion flowed into bond funds in January. The majority of this came via corporate bond funds, which saw a record inflow of almost $30 billion.
Select charts from our recent posts
A look at the unemployment rate since 1890
On January 22, 2020, Jim sat down with Doubleline Co-CIO Jeff Sherman for his Sherman Show podcast.