Today's topics include more detail on Treasury auctions, Powell's reappointment, comparing PMIs, Cathie Wood back in Chinese stocks, a Fed-induced wealth gap, hedge funds, the Baltic Dry Index continues higher, crypto ETFs, and crypto mining... Read More
Today's topics include talkin' delta & crypto, changing Fed dynamics, considerations surrounding the taper, remote work may be sticking around, more container ship shortages, Treasury trading before Jackson Hole, margin debt surprisingly ticks down, Europe's services spark growth, and USD coin moves back to full cash reserves... Read More
Today's topics include considerations when unwinding QE, rents on the rise, there is no alternative, bear market for Chinese stocks, the return to the office?, sizing up retail traders, more auto plant cutbacks, junk bond issuance, and minting millionaires... Read More
Today's topics include FOMC minutes & taper talk, comparing U.S. inflation to other nations, global food inflation, earnings calls mentioning inflation, TIPS outperform, another record for the Fed's reverse repo facility, COIVD supply chain disruptions, politics & Powell's reappointment, and your daily dose of crypto news... Read More
Today's topics include Jackson Hole & inflation, is Cathie Woods's reign over?, cost of food hitting family dinners, warnings on corporate debt, Rosengren screaming for taper now, the wealth gap, on UK inflation slowing, and fossil fuel demand ticking up again... Read More
Today's topics include companies' cash on the sidelines, dry powder at private capital firms, breaking investors' of TINA & FOMO, commodities as an inflation hedge?, working from home, differing opinions on China, checking in on the delta variant, updating China's port congestion, and the hedge fund industry... Read More
Today's topics include timing the taper, Treasury supply vs. tapering, stock market sentiment, the Fed's low rate mantra spans multiple chairs, 50th anniversary of the end of the gold standard, mutual funds vs. ETFs, more statistics on global shipping problems, the debt ceiling, the stock market's biggest companies, and Treasury clarifies crypto tax intentions... Read More
Today's topics include the global labor market, timing the taper, a new twist to the world's shipping problems, quantifying a hot housing market, stock market valuations, flows vs. prices, European stocks go streaking, and global ETF assets hit $9 trillion.... Read More
Today's topics include more on yesterday's inflation data, huge demand for yesterday's 10-year auction, timing the taper, the debt ceiling's political theater, calculating housing inflation, working from home, the cost of transporting crude oil, and the crypto universe close to $2 trillion again.... Read More
Today's topics include timing the taper, the assumptions in the transitory argument, rate hikes vs. reflation trade, productivity, monitoring supply chain issues, China picking winners & losers, delta Straussians, and stablecoins.... Read More
Today's topics include record job openings, a history lesson: August 2011, the Fed's balance sheet, Powell's odds of a second term, investors expect unrealistic returns, CFA level III pass rate plummets to lowest ever, crypto loses battle in DC, and CBDCs.... Read More
Today's topics include wages & inflation, explaining low yields, housing's effect on inflation, China's economy, consumption vs. investment, the debt ceiling, and CBDCs & stablecoins.... Read More
Today's topics include funds balloon in AUM, betting against Wood, energy shocks, thinking about wage raising wages, retail mania heads to China, and thinking about CBDCs and stablecoins... Read More
Today's topics include timing the taper & first hike, the Fed's reserve repo facility, fixed-income relative-value arbitrage, wage growth, the labor force is shrinking, jobless claims, more on the eviction moratorium, shipping containers are a hot commodity, and negative-yielding debt... Read More
Today's topics include Treasury targets November for reduction in issuance, Howard Marks on the inflation debate, rents on the rise, the housing market, Biden's eviction moratorium, gauging the odds of another term for Powell, businesses increasing credit lines, Chinese companies' valuation, measuring COVID concerns, and the latest snag in the supply chain... Read More
Today's topics include interpreting the bond market, the old 'stock vs. flows' argument on the taper, credit card balances, defending the gold standard, will Powell get another term?, rising rents, the Treasury works around the debt ceiling, only 25% passed CFA exam, institutional crypto trading, and crypto regulation... Read More
Today's topics include US bond weights cut, supply chain shock continues, debt to begin scaling back, pandemic housing boom, financing tech, eviction ban expires, and the EV market... Read More
Today's topics include are high valuations the new normal?, supply shock in gas, inflation creeps into everyday items, rent inflation, more on Eurozone growth, IMF windfall and debt markets, sorry out of the office, and bigger players equal higher prices according to PWC... Read More
Today's topics include Jim on the delta variant, Eurozone growth is slowing, understanding fedspeak, NYC homebuyers back in full swing, will Powell remain as chair?, is this where the office is heading?, higher prices on everyday items, and crypto taxes to fund infrastructure... Read More
Today's topics include checking in on the Fed's reverse repo facility, previewing tomorrow's GDP release, interpreting real yields, timing the taper, vaccinations & global growth, big tech profitability, Chinese stocks, selling mortgage risk, the digital Yuan, and on Goldman's 'DeFi' ETF... Read More