Today's topics include the Fed's inability to control inflation, labor vs inflation and Fed policy, an extreme bullishness among bond traders, economic change, Judy Shelton speaks, Jim Grant speaks, how the trade war affects the global economy and regulating the tech companies.
With 92% (459) of companies reporting Q1 2019 results, earnings growth is still below the inflation rate. Q2 2019 and Q3 2019 earnings forecasts are also below the inflation rate.
We discussed the FAANMG stocks in a recent conference call.
Today's topics include the future of the Fed's balance sheet, the Fed's concern about corporate debt, monetary policy, investors’ inflation bets, corporate debt in France, stock picking at the BoJ, quants, more on the yuan and stocks vs bonds.
While capital flight is nothing new for China, evidence is mounting that the trade war has intensified the rate at which money is leaving the country.
Speculators have amassed extreme net short positions in many grain futures as the trade war has escalated.
Today's topics include China's Treasury holdings, junk bonds, a rise in non-performing loans, the trade war, the dollar as the world's currency reserve, big market moves, IPO performance, families' saving habits, measuring inflation, growth stocks vs. value stocks in Europe and capital expenditures.
It is reasonable to assume hundreds of billions of dollars in tariffs would create some inflation. However, market-based measures of inflation expectations are suggesting tariffs will have virtually no effect.
Today's topics include irrational markets, negative yielding bonds, how the trade deal fell apart, more on China's U.S. Treasury holdings, an ETF of ETFs, ETF fees, the yield curve as a recession indicator, EM currencies, Andrew Yang supports blockchain and diversification for the average investor.