Bloomberg Business – The Dollar Is Now More Correlated With Oil Than Some Petrocurrencies As the petrocurrencies of the world break their historic link with oil, the greenback is building a relationship with the commodity that it isn’t supposed to have. Crude oil’s more than 9 percent surge since Oct. 25 has been mirrored by a 1.4 percent… Continue reading The Dollar/Crude Oil Correlation
Bloomberg Business – OPEC Fights Back—and This Time, It’s Driving Oil Prices Up This slowdown has come even as breakevens in key basins have fallen, with costs in both the Midland basin and West Eagle Ford declining by around 45% since January 2014, according to BTU Analytics. And while shale output is likely to get cheaper… Continue reading OPEC Is Driving Up Oil Prices
MarketWatch – Caroline Baum: Cutting corporate taxes is the best part of the Republican plan Tax cuts for the rich. Trickle-down economics. These epithets have made real tax reform even more complicated than it already is by turning it into a class-warfare battle. Listening to members of the Republican House leadership unveil the Tax Cuts and… Continue reading More On Corporate Tax Cuts
Business Insider – Deutsche Bank CEO Cryan hints technology could destroy thousands of jobs at the bank Deutsche Bank CEO John Cryan has hinted that the lender could cut thousands more jobs as it continues to adjust to expectations of substantially lower future revenues. “We employ 97,000 people,” Cryan said in an interview with the Financial Times. “Most… Continue reading Technology Is Taking Over Finance
The Financial Times – Tech sector leads pullback for investment grade debt market Bonds sold by some of the country’s largest technology, media and telecommunications companies have come under pressure this month, buffeted by sparring in Congress over tax reform and as investors face a spate of multibillion-dollar new debt sales. Risk premiums for investment grade… Continue reading Tech Companies Pull Back On Debt Issuance
Bloomberg Gadfly – Marcus Ashworth: Italy’s Shrinking Safety Net Data released by the European Central Bank this week show the ECB president will have reduced scope to buy Italian bonds if markets start convulsing ahead of the country’s general election in the spring. From January, the ECB’s Quantitative Easing program will pare its monthly bond purchases… Continue reading Italy
Bloomberg View – Conor Sen: Menu Prices Will Tell the Future of Inflation When wages rise, these businesses must raise prices or go bust. The labor market continues to tighten, so why aren’t wages driving up inflation? Sometimes there’s more to the equation than supply of workers (low) and demand for workers (high). Key actors… Continue reading Why Wages Are Not Driving Up Inflation
Okay, let me stop there. Let me open it up for questions. Go ahead and ask questions. You can send us an email if you want to ask questions, or you can type ’em into the webcast. We take questions on a first-name-only basis. I know who you are, and that’s all that really matters.… Continue reading Q&A From Our November 9, 2017 Conference Call
Comment On November 9, 2017 at 9 AM CT (10 AM ET, 7 AM PT and 15:00 GMT), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webinar/teleconference moderated by Jim Bianco. As is often the case with bull markets that are long in the tooth, many people doubt the ability… Continue reading Conference Call Thursday: Bull Markets Climb A Wall Of Worry
The current risk-on cycle is nearing one of the longest in history.
The tech sectors latest surge has drawn investors into tech ETFs at the fastest pace since July.