Bloomberg Business – Gundlach Sees Commodities Outperforming in Late-Cycle Boom “I think commodities will outperform in 2018,” Gundlach said during his annual ‘Just Markets’ webcast on Tuesday, in which he gives his outlook for the coming year. “Commodities always rally sharply — much more sharply than they have so far — late in the business… Continue reading Jeffrey Gundlach Is Bullish On Commodities
Bloomberg Business – Bill Gross Calls a Bond Bear Market After Treasury Yield Surges Gross, the billionaire fund manager at Janus, said Tuesday on Twitter “bond bear market confirmed,” with 25-year trend lines broken in five- and 10-year Treasury maturities. He said last year that 10-year yields persistently above 2.4 percent would signal a bear market,… Continue reading Bill Gross Is Bearish On Bonds
The Financial Times – The world economy hums as politics sours The world at the beginning of 2018 presents a contrast between its depressing politics and its improving economics. Might this divergence continue indefinitely? Or is one likely to overwhelm the other? And, if so, will bad politics spoil the economy, or a good economy heal… Continue reading Strong GDP Growth Throughout The World Expected In 2018
Comment The chart below shows how financial media have been discussing cryptocurrencies like Bitcoin and Ethereum since January 2017. Investors are viewing Bitcoin less as a means of financial transaction (green) and more as a bona fide investment and hedge. But, we remain concerned extrapolating exactly what cryptocurrencies mean with a with such a limited… Continue reading Bitcoin and Gold
Bloomberg Businesss – Traders Aren’t Falling for Crypto Name Changes But Love Them Anyway Who the heck buys into this crypto-mania in the stock market? The answer just might surprise you. Turns out, some experienced day-traders are trying to ride the surge of buying that invariably follows companies that suddenly reinvent themselves as blockchain ventures. That’s enough, market… Continue reading Crypto-mania In The Stock Market
On Thursday, January 11, 2018 at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webinar/teleconference moderated by Jim Bianco. Join us Thursday as we discuss three interrelated issues that will help determine where the markets are heading in… Continue reading Conference Call Thursday: Inflation, The Yield Curve & Earnings
We see some favorable developments for inflation expectations but need further proof to believe long-run expectations will rise.
Bloomberg – The Daily Prophet: Dividends, Bond Yields And False Narratives The latest favorite target of the bears is the fact the dividend yield on the S&P 500 Index has fallen below yield on the two-year Treasury note for the first time since 2008. The uber-investor Jeffrey Gundlach of DoubleLine Capital made note of this seeming upside-down… Continue reading S&P 500 Dividend Yield Falls Below U.S. 2-Year Treasury Yield
Reuters – Japan’s central bank trims bond purchases, prompting taper talk Speculation the Bank of Japan may wind back its monetary stimulus this year gripped markets on Tuesday after the central bank trimmed the amount of its purchases of Japanese government bonds. Traders appeared to latch on to the BOJ announcement that it will buy less… Continue reading Is The Bank Of Japan About To Have A Taper Tantrum?
OPEN Webcast: Q4 2017 Earnings Start This Week – A Blowout Quarter Is Expected In the webcast above, Jim Bianco discusses his recent post on earnings expectations. Bloomberg.com – Wall Street’s Rising Euphoria May Spell Trouble for Stock Market Pace of revisions to U.S. profit estimates highest in 10 years Bullish analyst sentiment… Continue reading Webcast – More On The Expected Earnings Blowout
The Telegraph (UK) – Markets are ignoring ‘major risk’ of rising interest rates and end of QE, warns Citigroup “There are clearly signs of late-cycle froth in financial markets, in everything from equities, to corporate credit, and real estate, especially in the US. There is the risk of an overdue correction,” said Willem Buiter, the bank’s… Continue reading Your Daily Installment In Bearish Talk