Jim Bianco joins Bloomberg Radio to discuss Sticky Inflation, Rate Cuts, the 4-5-6 Market, Active Management, Earnings & the K-Shaped Economy, Real Yields, Jobs Data, US Dollar with Tom Keene & Paul Sweeney.
The annual benchmark revisions closed the gap in job growth seen between the household and establishment surveys. The labor market appears quite healthy and the Fed should remain on hold for the foreseeable future.
Today's topics include will there be more rate cuts?, dollar strength & Trump, a tough time for first-time homeowners, 60/40 returns, retail dives face first back into big tech, watching yen movements, achieving Scott Bessent's goals, a glimpse into Trump's tax plan, tariffs & trade wars in focus globally, and Deepseek who?
What is the state of the labor market? We must first acknowledge Covid changed things. Remote work is still over one-quarter of the workforce and is not going away.
Vanguard turned up the heat on the fee war this week, slashing fees on 87 funds.
As pre-Covid data rolls off the five-year window, the long-term correlation between stocks and bonds is turning higher.
Bitcoin now accounts for almost two-thirds of the crypto universe.
We have argued in the past that Cathie Wood and the ARK ETFs, headlined by ARK Innovation (ARKK), were arguably the most important manager/complex on Wall Street. Keeping up with innovation isn't as easy as it seemed.
Updating the changes in central banks' balance sheets
A long-term look at 10-year annualized real S&P 500 returns
Some interesting charts from our recent posts