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
The outlook coming into 2024 is inflation has been defeated and will soon return to 2%. This would give the Fed room to cut rates and deal with potential liquidity concerns. Given this rosy outlook, the market has priced in as many as seven rate cuts for 2024.... Read More
Jim Bianco joins Fox Business to discuss Soft Landings vs No Landing, Interest Rates, the Impact of Geopolitical Conflicts on Markets & Rethinking Economic Data with Charles Payne.... Read More
Jim Bianco joins Fox Business to discuss Soft Landings vs No Landing, Interest Rates, the Impact of Geopolitical Conflicts on Markets & Rethinking Economic Data with Charles Payne.... Read More
Over the past couple decades stock and bond prices have moved in opposite directions, thus increasing diversification benefits and offsetting tail risk. A positive stock-bond correlation is often a bad scenario for investors. What drives this correlation and how will it impact returns in 2024?... Read More
With the Fed's Reverse Repo Facility balance continuing its linear decline, the recent liquidity pump is nearing its end. How will this impact bank reserves and the Fed's ongoing Quantitative Tightening (QT) campaign?... Read More