Newsclips
Measuring the Size and Scope of Negative Interest Rates
June 25, 2019
The market value of negative-yielding bonds across the globe recently hit a new record of $12.75 trillion. This is 23% of the total amount of sovereign debt outstanding.
The market value of negative-yielding bonds across the globe recently hit a new record of $12.75 trillion. This is 23% of the total amount of sovereign debt outstanding.
Today's topics include trading risk markets, what's next for the Fed, more on Trump vs the Fed, how central banks are using blockchain and Stephen Moore seeks to start his own crypto.
The Fed decides when to raise rates and the market decides when to cut. The market sees no inflation, rising economic risks and is pricing in several cuts. It has a very good track record.
Large speculators are typically thought of as contrarian indicators. When they get too extreme one way, go against it. Right now, they are betting on higher rates on the long end of the curve and lower rates at the short end of the curve.
Today's topics include negative-yielding debt, a comparison of economic expansions, the BoE opens its doors to fintech companies, searching for a reason for yields' plunge, moving to a cashless society, ESG investing, banks' uphill battle, libra, Barron's latest cover story on easy money, the Eurozone, and more on Trump's drama with Powell.
An update of the race for the Democrat candidacy
Today's topics include Jim Bianco discussing the Federal Reserve, what a strong jobs report could mean for the Fed, why the Fed is sacrificing domestic growth, hating the Fed, global negative yield debt and Germany, zombie investors, US companies take advantage of new tax-laws, Brexit and more on the BOJ's problem.
A replay of our June 20, 2019 conference call.
The Fed decides when to hike rates and drags the markets along kicking and screaming. The markets decide when to cut rates and drag the Fed along kicking and screaming. So far, this old adage has rung true as the Fed embarks on an easing campaign.