The Wall Street Journal – Central Bankers Use Moment of Calm to Debate How to Fight the Next Crisis Federal Reserve and ECB officials signal no strategy shifts, but discuss ways policy could change Central bankers, basking in a moment of synchronized growth and a global economy less dependent on easy-money policies, are thinking about what… Continue reading How To Fight The Next Financial Crisis
Comment Today at 9 AM CT (10 AM ET, 7 AM PT and 15:00 BST), Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a webinar/teleconference moderated by Jim Bianco. Join us today as we discuss the outlook for interest rates, the Fed and markets in general. Click here to register The online… Continue reading Outlook for Rates, the Fed and Markets
Bloomberg – Only Fed or China Can Spark EM Selloff, Rest Is Just Noise Without Fed or China shock, emerging-market rally may go on “It needs one big negative thing for all of it to fall like a house of cards,” said Guillaume Tresca, a senior strategist at Credit Agricole in Paris. “And that’s an… Continue reading Emerging Markets Relaxed About Further Fed Tightening
Bloomberg – Low Bond Yields Have Little to Do With Lax Monetary Policies Demographic trends are having a very significant impact on savings and risk appetite. When plugging the United Nations forecast for the changing share of those aged 65 to 74 into our regression model to forecast aging’s impact on bond yields, the results… Continue reading Emerging Markets’ Demographics Playing Catch-Up, Expected to Pull Down Yields
The Wall Street Journal – Fed on Track to Raise Rates Despite Weak Inflation, Minutes Show Some officials worried holding off on raising rates too long could lead to a surge in inflation that would be difficult to control Most Federal Reserve officials believed at their September meeting that they would likely raise short-term interest rates… Continue reading FOMC Minutes All But Confirm A December Rate Hike
CNBC – Bitcoin hits a new record high above $5,100 The bitcoin price hit an all-time high of $5,167.90 in early trade on Thursday, according to data from industry website Coindesk. This surpassed the previous high of $5,013.91 hit on September 2. Investors appear to have shrugged off much of the negative news from regulators around… Continue reading Bitcoin Hits A New Record
CNBC – Powell odds-on favorite for Fed chair amid report Mnuchin is pushing for him Treasury Secretary Steven Mnuchin has privately recommended Powell to President Trump, Politico reported on Wednesday. Odds are gaining for Jerome Powell to be chosen as the next Federal Reserve chairman. Powell, currently a Fed governor, is now the leading contender, according to PredictIt, a website that… Continue reading The Race For Fed Chair
Bloomberg Markets – The New Rules That Could Make ETFs Unstoppable Passive asset managers have been on a roll. They’re about to get some more help from new regulatory regimes including MiFID II. Passive investments, already eating away at active managers’ assets, are getting another boost. That effect is on the radar of companies such as… Continue reading More Good News For Passive Asset Managers
Bloomberg Politics – Barnier Chides Talks Deadlock as Brexit Cliff Inches Closer The European Union said talks hit a wall over what the U.K. owes when it leaves, increasing the chances of a messy departure as time is running out to clinch a deal. “No deal will be a very bad deal, huh? And to be… Continue reading Brexit Negotiations Continue
CNBC – This earnings season should be a good one for stocks, if history is any guide The earnings season for the third quarter, which just got underway this week, is usually the best one for investors, history shows. Using hedge fund analytics tool Kensho, CNBC analyzed 19 years of historical trends around each of the… Continue reading More On Q3 2017 Earnings
CNBC – Oil market bulls are wrong to forecast a pick-up in prices — and here’s why Oil prices are unlikely to reach $60 per barrel anytime soon as hawkish forecasters continue to ignore the “elephant in the room”, a senior economist told CNBC Wednesday. Daniel Lacalle, chief economist and investment officer at Tressis Gestion, said:… Continue reading Are The Crude Oil Bulls Wrong?