Long-term growth of an economy comes down to the labor force, capital investments, and productivity. With a shrinking labor force, can the coming wave of AI innovation meaningfully increase long-term potential GDP growth?
Today's topics include talkin' about the proper level for interest rates & the labor market, Fed officials ready to join the rate-cutting camp?, more detail on the possibility of an interim Fed governor, updating the candidates' odds for next FOMC chair, tariffs take effect, who will pay for these tariffs?, ranking the risks to bond returns, T-bill issuance continues to rise, and student loan delinquencies
Today's topics include Trump to name new Fed governor this week, Paulson & Geithner voice concern over U.S. fiscal outlook, still waiting to assess impact of tariffs, more on updating government data collection, data integrity crucial to TIPS market, checking in on stock market sentiment, tech earnings, and another gold arbitrage
Jim Bianco joins Bloomberg Asia to discuss the US Economy, Tariffs, Fed Policy, Retail Traders, the Budget Deficit & the Bond Market with Haslinda Amin.
Through Monday, 335 (67%) companies have reported and the year-over-year annualized quarterly growth rate stands at 9.14%. This is below recent quarters, but well above last week's estimate.
Today's topics include retail trading, more on data collection after the BLS commissioner's firing, more on population growth, Dudley on the two dissents at the last FOMC meeting, the market's reliance on AI & Nvidia, reorienting the Fed's dual mandate toward productivity, Treasury returns, insider selling, trend-following strategies suffer, and spot crypto trading coming to an exchange near you
Jim Bianco joins Fox Business to discuss an overhaul of economic data collection, fiscal dominance & why rate cuts fail with Charles Payne.
Slowing payrolls and massive revisions might have more to do with collapsing population growth than a slowing economy. This is because the border is closed. Cutting rates to stimulate job growth will only lead to more inflation and exacerbate the problem.
The Commitments of Traders report enables investors to track changes in positions among various groups of traders/investors.