Today's topics include Turkey's central bank shuffle, a history of central bank firings, Deutsche Bank, buybacks, a clueless Fed, a new king among high-yielding munis, individuals picking up the slack at Treasury auctions, the effect of a trade war, competing economic and political systems, Austria's century bond, corporate debt covenants, libra's hurdles and natural gas infrastructure.
The stronger than expected payroll report pushed the probability of a 50 basis cut to nearly zero. However, the odds of a 25 basis point cut are still close to 100%.
Today's topics include more on Judy Shelton and Christopher Waller, U.S. stocks beat global stocks, falling interest rates, leveraged loans, Italy, why Lagarde may be right for the ECB and China misses the global bond rally.
In the latest Econovue podcast Jim Bianco discussed the Fed and Fed policy. Full disclosure, the White House interviewed him for the position of Fed Governor in late May.
Today's topics include the march toward an earnings recession, the U.S. trade deficit widens, U.S. Treasury yields fall, Christine Lagarde nominated for ECB, crude oil, why bond traders may want to work on Friday, crypto derivatives and more on Libra.
Stock prices since the 1600s.
A look at taxes back to 1929.
A long-term look at government finances.
Crude oil prices back to 1859.