Sample Our Reports, Presentations, & Market Insights
The financial media, consumers and the Federal Reserve do not have the same concerns or issues on their radar screens. Uncertainty is rising across financial media and investors.
The Federal Reserve has become true believers in a strong U.S. economy, but equity and bond investors are pushing back given shifting risk-off flows.
Signs point to Treasury outperformance in the next phase of the longest risk-off cycle since December 2016.
Investors in U.S. Treasuries are shunning global economic data changes, placing most of their chips on U.S. growth. A breakout by inflation expectations is needed to extend the bearish slide on path to reach extremes according to ETF flows.
An inventory build-up is likely with search trends for shipping far exceeding those of consumer spending and capital expenditures. We expect the transportation industry to offer sub-par returns through year-end.
All-time highs in the discussion of the 'neutral rate' are coinciding with elevated monetary policy uncertainty. Higher U.S. Treasury yields will demand realized inflation and a continuation of favorable consumer trends.
Average wage growth near 3.0% year-over-year is masking a significant divergence between manufacturing and services labor. Their gap in growth currently nearing 2.0% has historically explained waves of physical and mental stress felt by consumers.
Comment Jim Bianco will be presenting the following material later today at the Grant’s Interest Rate Observer Conference in New York. View PDF
Financial Sense Newshour welcomes Jim Bianco at Bianco Research to discuss the recent breakout in 10-year yields to a seven-year high, and what this means for stocks, bonds, and the overall market. Bianco says traditional money managers and...
We believe the stock/bond relationship is transitioning from a deflation mindset back to a 1970s to 1990s inflation mindset. Such transitions are long and messy. These transitions also make the most important decision in investing, the asset...
U.S. 10-year notes have struggled to continue bearish breakouts from ultra-tight trading ranges. A drive to higher yields requires inflation expectations leaving behind their well-anchored condition.
Consumer trends and ETFs versus futures positioning are favoring a cheaper U.S. 10-year brought on by steepening at the front-end of the Treasury curve.