Over 96% of all money in the Fed's reverse repo facility belongs to money market funds. T-bills have become a competitive alternative, however.... Read More
The median price of a house is the most basic measure of the housing market. The median sale price per square foot (red) was $226 in August, down from its April 2022 peak of $233.... 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
Some detail on immigration encounters in the U.S.... Read More
U.S. News & World Report recently released its latest rankings of colleges across the U.S.... Read More
The pandemic has swung the labor/management relationship in favor of labor. "Stickier" inflation and higher interest rates will result.... Read More
The 2009 to 2020 period might be the outlier for interest rates, not the norm. So, hoping R* will return to this outlier period when the inflation landscape has changed will prove to be misplaced.... Read More
Jim Bianco joins Fox Business to discuss the Bond Market & Federal Reserve Policy with Charles Payne.... Read More
Recall that last year was the worst total return year for the bond market in history. Here is a chart back to 1801 to remind everyone how bad last year was. So naturally, global fund managers turned very bullish for... Read More
It is widely believed high rates will lead to at least an economic slowdown (?soft landing?) if not a recession (?hard landing?). But what if rates are not that restrictive? The economy could weather these rates (?no landing?) and it would take even higher rates to pull the economy down.... Read More
Jim Bianco joins Bloomberg to discuss today's FOMC Decision with Jonathan Ferro, Tom Keene & PGIM's Greg Peters.... Read More
What does the 2023 bank walk mean for the broader economy and the nature of banking? How should investors, too, be thinking about the bank walks and their impact on lending and the broader economy? VettaFi financial futurist Dave Nadig sat down with Bianco Research LLC president Jim Bianco and WisdomTree global CIO Jeremy Schwartz to discuss.... Read More
The jobs market has undergone a transformational change in the post-pandemic economy. The power base is shifting back to labor as jobs become more transactional and workers assert their power over management. The result is increased wage inflation and a change in the nature of work.... Read More
It is widely believed high rates will lead to at least an economic slowdown ("soft landing") if not a recession ("hard landing"). But what if rates are not that restrictive? The economy could weather these rates ("no landing") and it would take even higher rates to pull the economy down.... Read More
Jim Bianco joins Fox Business to discuss Surging Oil Prices, the Bond Market & Post-Shutdown Economy with Charles Payne.... Read More
Jim Bianco joins Bloomberg to discuss Energy Prices, Post-Shutdown Economy, Inflation Expectations, Central Bank Policy and the Bond Market with Jonathan Ferro & Mohamed A. El-Erian.... Read More
Jim Bianco joins Bloomberg to discuss Energy Prices, Post-Shutdown Economy, Inflation Expectations, Central Bank Policy and the Bond Market with Jonathan Ferro & Mohamed A. El-Erian.... Read More
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More