Jim Bianco joins Bloomberg to discuss Global Bond Markets, the US Labor Market & September Fed Meeting with Jonathan Ferro & Lisa Abramowicz.
The Commitments of Traders report enables investors to track changes in positions among various groups of traders/investors.
Nonfarm payrolls grew by 22k jobs in August, below economists' median estimate of 75k. While this is low, the question remains how many jobs must be created each month to support population changes.
Today's topics include Miran seems likely to be confirmed despite dual role, diverging bond markets, beating the S&P 500, what's at stake for the Fed, RRP & liquidity, a unique ETF trade, and Tether looks to more gold for stablecoin backing
Jim Bianco joins Fox Business to discuss Tariffs, Productivity, the Global Bond Market Rout, Fed Independence, Gold & AI's Impact on the Labor Market with Charles Payne.
When the payrolls report is released, the attention will be on the number of jobs created in August. The focus should be on the job creation necessary to cover population growth and new entrants into the workforce. Slowing population growth suggests 40k new jobs each month might be enough.
Today's topics include previewing tomorrow's payroll report, Treasury volatility & currency hedging costs rising ahead of payrolls report, tariff revenue, job stayers vs. job switchers, debating a sovereign wealth fund in the U.S., timing rate cuts, SF Fed comes to the BLS's defense, and lowering mortgage rates by privatizing the GSEs
Today's topics include hard data vs. soft surveys, European natural gas storage, global yields hitting highest levels in over a decade, estimating the proper level of reserves, Trump administration moving forward with Fed plans, breaking down gold's rise, and profiling U.S. billionaires
Home prices are soaring because of a lack of supply. This cannot be fixed with Fed cuts that would presumably lower mortgage rates. What is needed is more supply, but that risks lowering home prices and creating a financial crisis.