Today's topics include all eyes on Powell today, timing the rate cuts, momentum investing, the fallout of owning CRE loans, big banks keep getting bigger, Chinese savings & investing, and can China have its cake & eat it too?... Read More
Today's topics include the case against the "no landing" scenario, persistent services inflation in the Eurozone, more on liquidity's effect on stocks, a stock bubble or sustainable rally?, the devil's in the details with private equity, Bezos back on top of world's richest list, and Bitcoin ETF inflows continue... Read More
Today's topics include the case against a stock market bubble, quantifying the effects of QT, timing the rate cuts, don't expect Powell to rock the boat in D.C. this week, active vs. passive, betting on economic releases, the corporate bond frenzy, and trouble for regional banks?... Read More
Today's topics include time running out for rate cuts in 2024?, can markets repeat past decade outperformance?, a less rate sensitive economy, yesterday's PCE release, NYCB sees material weakness, discussing the Fed, Japan's equity rally, China continues to wobble, tech layoffs, bitcoin ETFs, and the US vs the world... Read More
Today's topics include Labor Department OER confusion, focus on RRP grows as it shrinks, avoiding government shutdown, top heavy global markets, Fedspeak, does CRE pose systemic risk?, tech companies raise cash, synthetic risk transfers in Europe, and more on the effects of Bitcoin ETFs... Read More
Today's topics include shelter inflation, inflation expectations on the rise, the relationship between unemployment & job vacancies, making the case against a stock market bubble, speculators betting on lower grain prices, the math is still not supportive of office prices, Europe's debt frenzy, and spot ETH ETFs face bigger hurdles than spot BTC ETFs... Read More
Today's topics include Fed officials urge patience on rate cuts, explaining gloomy consumer sentiment, statistically speaking about the stock market rally, stock market concentration, raising capital: debt vs. equity, wall street groupthink, Jamie Dimon pushes back on soft landing narrative, and the dynamic dollar... Read More
Today's topics include talkin' Fed policy & inflation, the Fed's reverse repo facility is running out of ammo, recession odds & rate cuts, treasury yields remain high, previewing Thursday's PCE release, deflation vs. disinflation, some math on stretched valuations & a continued stock rally, the housing market, money market funds continue to attract cash, and an eye on debt servicing costs... Read More
Today's topics include Fed officials still pushing back in easing timeline, US households love stocks, bubble? what bubble?, state of the real estate market, stock splits die out while reverse splits rage on, betting against holders of CRE loans, China's issues continue, and what will Buffett do with his cash hoard?... Read More
Today's topics include the FOMC minutes & rate cuts, pushback against Summers' rate hike comments, looking for signs of a banking crisis, low response rates hurting UK jobs data, supply & demand in the housing market, all hail Nvidia, Japanese stocks' first new high in 34 years, somali pirates add to shipping woes, and what do Bitcoin ETFs mean for Coinbase's future?... Read More
Today's topics include Alan Blinder declares mission accomplished on soft landing, the hard landing crowd is not deterred, LEI fell again in January, food costs as a percentage of income, the return of defined benefit plans?, Niikkei closing in on first new all-time high in 34 years, investors scooping up farmland, and China coming after quant traders... Read More
Today's topics include the soft landing vs. no landing debate, Dudley & Summers on the Fed's next move, beating a bond benchmark, Timiraos warns January PCE might come in hot, delinquent loans on the rise, productivity gains, China cuts mortgage lending rate, money market assets continue to grow, the shipping industry's problems continue, and Jim discusses Bitcoin & spot ETFs... Read More
Today's topics include conference call/webinar next Wednesday, Bostic not seeing rate cuts anytime soon, bank runs now happen at a much faster speed, Nvidia mania, price discovery in a passive world, stock splits are an endangered species, more on government finances, mortgage rates on the rise again, and betting on cocoa futures... Read More
Today's topics include El-Erian stresses the importance of a balanced perspective, Claudia Sahm on when the Fed should cut, even more on inflation, credit spreads & stocks, similarities to the dot-com bubble, chaotic world doesn't shake growth, commercial real estate, and investors avoiding China... Read More
Today's topics include Jim discusses active versus passive management, more on yesterday's CPI release, payrolls & CPI take wind out of bonds' sails, rate cut hopes disappearing fast, who is exposed to commercial real estate?, government finances, globalization, and is Nvidia the Cisco of the current tech run?... Read More
Today's topics include all in on tech rally, calls for recession are fading, stock bond divergence, more on commerical real estate struggles, watching liquidity in Europe, who knew saving harms wealth?, new hedge fund rules deem them "systemically important", and Bitcoin tops $50k again... Read More
Today's topics include previewing tomorrow's CPI report, the Fed remains patient on rate cuts, in search of neutral, businesses see Fed as too restrictive, stock valuations, housing's supply problem, commercial real estate, and AI & productivity... Read More
Today's topics include banks kick rate cuts further down the road, canary in the coal mine?, David Zervos focuses on the Fed put rather than rate cuts, nothing to see in CPI's annual revisions, active vs. passive, dividend investing, equity fund outflows, NYCB & the banking industry, and China's stock market... Read More
Today's topics include predicting the future is tough, monetary policy's long & variable lags, the Fed's balance sheet, the Fed & politics, the no landing scenario, employers regaining power?, ECB & BoE monetary policy, another sign negative rates are coming to an end in Japan, and Chinese deflation... Read More
Today's topics include talking markets, the last mile in the battle against inflation, wages & spending, soft landing hopes take a hit, where is neutral?, Pimco sees a March hike from BoJ, long-short hedge funds struggle to beat the index, and China's latest moves to halt the stock market's decline.... Read More