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Newsclips
Quick Comments/What We’re Reading
January 29, 2019
Today's topics include earnings, PG&E files for bankruptcy, Powell's communication problem, central banks' PR machines, Europe's slumping economy, Venezuela, the cost of the shutdown, the Treasury's secret debt management team, unstable mortgage lenders and China.
Newsclips
Cartoons
January 29, 2019
Newsclips
The Fed Is Dropping Clues About the Balance Sheet
January 28, 2019
The Fed and the markets have held different views on the importance of balance sheet reductions. A recent Wall Street Journal story suggests Powell is ready to discuss the matter in a more public manner to get a better feel for where the markets stand on the issue.
Newsclips
Earnings Update – Q1 2019 Earnings Growth Expectations Now Lower Than Inflation Rate
January 28, 2019
Q4 2018 earnings continue to benefit from the corporate tax cut. This will not be the case for Q1 earnings, prompting many analysts to project much lower growth in 2019.
Newsclips
Quick Comments/What We’re Reading
January 28, 2019
Today's topics include the upcoming FOMC meeting, a call for QE's return, the Treasury's quarterly refunding announcement, a look at the CLO market, rising corporate debt levels, questioning the tax cuts and a comparison of the top hedge funds.
Newsclips
Cartoons
January 28, 2019
Conference Calls
Conference Call Replay – Can the Fed’s Dovish Tone Outweigh Bearish Market Factors?
January 25, 2019
A replay of our January 25, 2019 conference call.
Newsclips
Investment Grade Flows Diverge From High Yield Flows
January 25, 2019
Investment grade ETFs have seen healthy inflows since the beginning of 2018. High yield ETFs have seen outflows over the same period. This further supports the idea that high yield ETFs are being used as a hedging tool.
Newsclips
Quick Comments/What We’re Reading
January 25, 2019
Today's topics include the Fed contemplating an early end to balance sheet reductions, Europe's slowdown, the drop in home sales, the strong U.S. labor market, leveraged loans, the government shutdown, the Baltic dry index, globalization and LIBOR.
Newsclips
Cartoons
January 25, 2019
Newsclips
Conference Call Friday – Can the Fed’s Dovish Tone Outweigh Bearish Market Factors?
January 24, 2019
Join us for our conference call on Friday, January 25, 2019.