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Newsclips
Economists Still Skeptical About a Rate Cut
June 14, 2019
Economists are coming around to the idea that the Fed needs to cut rates, but are still well behind market expectations.
Newsclips
Quick Comments/What We’re Reading
June 14, 2019
Today's topics include rate cuts and inflation, a reason why the Fed should not cuts rates, Draghi's legacy, Morgan Stanley's business conditions index, gold, why Washington loves debt and deficits, oil tankers under attack in the Gulf, digitalization and why Facebook's new cryptocurrency could be a gamechanger.
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Cartoons
June 14, 2019
Newsclips
Rate Cuts Are About Inflation, Not Growth
June 13, 2019
While the global slowdown and recession fears are likely part of the reason traders are demanding rate cuts, it is worth noting the markets began pricing this in many months ago. In this light, falling inflation expectations may be the true driver of the call for rate cuts.
Newsclips
Elizabeth Warren Surges
June 13, 2019
In recent days Elizabeth Warren has been surging in traditional polls. That was telegraphed by the betting markets, which we view as a real-time poll.
Newsclips
Quick Comments/What We’re Reading
June 13, 2019
Today's topics include predicting the severity of a recession, FOMC communication, the markets call Draghi's bluff, the mirage of liquidity, alternative data at quant funds, flooding's effect on U.S. corn, the federal deficit and OPEC's battle against shale.
Newsclips
Cartoons
June 13, 2019
Charts of the Week
Funding Gaps at Public and Private Pensions
June 12, 2019
Private pension funds have much smaller funding gaps than their government counterparts.
Charts of the Week
Defined Benefit Plans Continue to Shrink
June 12, 2019
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.
Charts of the Week
Breaking Down Debt in the U.S.
June 12, 2019
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper.
Charts of the Week
Comparing Real Estate to GDP and Stock Ownership
June 12, 2019
A home may be the biggest purchase most people make in their lives, but households' stock ownership has actually surpassed home equity since the housing crash.