The level of deficit spending will not be solved at the ballot box. It will be solved by the market imposing discipline. When this will happen is an open question. The UK mini-budget debacle in September 2022 offers a potent roadmap.... Read More
If the transfer of money from the Fed's Reverse Repo Facility back into banks is ending, the full effects of quantitative tightening will reassert themselves and bring much tighter liquidity for financial markets.... Read More
The BLS samples both continuing and new tenants to create the subcomponent of CPI known as rent of primary residences. It also offers a lesser known measure of rent that only samples new tenants. The former is meant to capture rent inflation for the average consumer, but the latter offers a more current view on where rents are heading.... Read More
The Fed's cumulative losses since September 7, 2022 now total roughly $164 billion.... Read More
The bond market is again tracking historic year-to-date losses. The global fund manager started the year with a record bullish position and is experiencing much pain. Stocks have begun to notice.... Read More
Jim Bianco discusses the Re-Thinking of Fed Cuts and the Path of Inflation, Geopolitical Concerns, the start of Earnings Season, Consumer Sentiment & Fed Speak with Charles Payne from MoneyShow's 2024 Investment Masters Symposium.... Read More
Jim Bianco joins the 2024 Hedgeye Investing Summit hosted by Hedgeye Founder Keith McCullough.... Read More
Jim Bianco joins Fox Business to discuss why interest rates matter, recent economic data supporting the "No Landing" scenario & the impact of higher bond yields on the stock market with Charles Payne.... Read More
Vanguard's biggest funds tracking the S&P 500 and Total Stock Market Index collectively have $2.65 trillion in assets under management, or just shy of 5% of U.S. stocks.... Read More
Several liquidity charts worth watching as the Fed's reverse repo facility continues to be drained... Read More
Jim Bianco joins Fox Business to discuss "No Landing," Post-Lockdown Economy & the Neutral Rate with Charles Payne.... Read More
Today's topics include economists are more hawkish than the Fed despite similar economic outlooks, persistent inflation, a new norm for spending?, renting vs. owning, breaking down household wealth gains, small caps vs. large caps, the yen, and more on AI's potential effect on productivity ... Read More
Today's topics include detailing the reasons the neutral rate may now be higher, Fed officials' thoughts on inflation, El-Erian's thoughts on inflation targeting, the rising pile of debt, comparing valuations in the U.S. & EU, gas prices expected to rise, stocks to continue rallying?, office rents living in fantasyland, and SWIFT building CBDC platform... Read More
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More
The amount of outstanding private credit in the U.S. experienced a brief decline during the financial crisis, but government debt grew throughout the entire period.... Read More