High yields provide the primary competition to expected returns for stocks. Even though rate cut expectations are being removed from market pricing, yields have held their recent range. Stocks will keep going up until this range is broken.... Read More
Coming into 2024, many economists expected a soft landing with inflation completing its ?last mile? in a return to 2%. This forecast has been undermined by strong Q4 GDP, a blowout January payrolls release, and record highs in stocks.... Read More
Jim Bianco joins Fox Business to discuss the "No Landing" Outlook, Rate Cuts in 24, Food Inflation with Charles Payne.... Read More
Jim Bianco joins Fox Business to discuss the "No Landing" Outlook, Rate Cuts in 24, Food Inflation with Charles Payne.... Read More
Through much of the QE era, dividend yields outpaced T-bill yields. This has not been true over the last year and a half, however.... Read More
The euro turned 25 on January 1. Where does it now stand in terms of a global currency?... Read More
For the last few decades we have been in a low interest rate environment where deficit spending would not cause major issues. However, a 40-year high in inflation prompted the Fed to tighten monetary policy at a fast pace. Higher rates mean the cost of servicing U.S. debt will follow higher.... Read More
How big are the Fed's holdings of bonds, notes, bills, TIPS, MBS, agencies, and FRNs in relation the outstanding market?... Read More
Jim Bianco joins Bloomberg to discuss today?s the Ramifications of Record High Equities, today?s FOMC Meeting, Bond Market Volatility, the Bank of Japan & the Path of Inflation with Manus Cranny and Kate Moore.... Read More
Jim Bianco joins Bloomberg to discuss today?s the Ramifications of Record High Equities, today?s FOMC Meeting, Bond Market Volatility, the Bank of Japan & the Path of Inflation with Manus Cranny and Kate Moore.... Read More
Jim Bianco, President of market and macroeconomic research firm Bianco Research, appears Jan. 11, 2024, with hosts Jeffrey Sherman and Samuel Lau to discuss among other issues his outlook for a ?no landing? U.S. economy in 2024, sticky inflation of 3% to 4% and his theory on Fed Chair Jerome H. Powell?s dovish turn on Dec. 13.... Read More
Jim Bianco, President of market and macroeconomic research firm Bianco Research, appears Jan. 11, 2024, with hosts Jeffrey Sherman and Samuel Lau to discuss among other issues his outlook for a ?no landing? U.S. economy in 2024, sticky inflation of 3% to 4% and his theory on Fed Chair Jerome H. Powell?s dovish turn on Dec. 13.... Read More
Several liquidity charts worth watching as the Fed's reverse repo facility continues to be drained... Read More
The Fed's interest expenses exploded higher in 2023. They have been operating at a loss since September 2022 and might not return to profitability for several more years.... Read More
During the macroeconomic segment of its 2024 edition, participants in DoubleLine Round Table Prime among other issues debate the seeming failure of the most telegraphed recession in history to materialize in 2023, the intersection of Federal Reserve policy with a presidential election year and deep changes in the economy post-2020.... Read More
Coming together for Round Table Prime are DoubleLine CEO Jeffrey Gundlach and moderator DoubleLine Deputy Chief Investment Officer Jeffrey Sherman with their guests James Bianco, President and Macro Strategist at Bianco Research; Danielle DiMartino Booth, CEO of Quill Intelligence; Charles Payne, author and Fox Business Anchor; and David Rosenberg, President of economic consulting firm Rosenberg Research & Associates. Round Table Prime was held Jan. 11, 2024.... Read More