Tag Archives: Markets
Markets
The Most Volatile Day of the Year?
The Most Volatile Day of the Year?
Posted By Jim Bianco
Historically, the first trading day and week of the year are volatile for a range of assets.... Read More
Markets
The Trend in 10-Year Yields
The Trend in 10-Year Yields
Posted By Jim Bianco
The secular trend in 10-year yields is higher and could stay that way for many years.... Read More
Markets
China and the 2023 Consensus View
China and the 2023 Consensus View
Posted By Jim Bianco
China is not yet showing signs of reopening, despite announcements that zero-Covid restrictions are being lifted. This matters for Wall Street as a Chinese rebound is central to the 2023 consensus views of a rebound in raw commodities, a surge in finished goods that will depress inflation leading to the Fed pivoting, and risk markets soaring in 2H 2023.... Read More
Markets
Breaking Down Debt in the U.S.
Breaking Down Debt in the U.S.
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More
Markets
Comparing the Value of Credit in the U.S. to GDP
Comparing the Value of Credit in the U.S. to GDP
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. Both are now at new highs.... Read More
Markets
Funding Gaps at Public and Private Pensions
Funding Gaps at Public and Private Pensions
Private pension funds have much smaller funding gaps than their government counterparts.... Read More
Markets
Defined Benefit Plans vs. IRAs
Defined Benefit Plans vs. IRAs
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.... Read More
Markets
Comparing Real Estate to GDP and Stock Ownership
Comparing Real Estate to GDP and Stock Ownership
Over the past couple quarters, households' real estate equity actually surpassed stock ownership.... Read More
Markets
Over 45% of FDIC Deposits Are Uninsured
Over 45% of FDIC Deposits Are Uninsured
Over 45% of FDIC deposits in the U.S. are uninsured.... Read More
Markets
Did the Bank of Japan Succumb to Inflation?
Did the Bank of Japan Succumb to Inflation?
Posted By Jim Bianco
The Bank of Japan raised the cap on 10-year JGB yields in what they called a technical adjustment due to financial stability issues. The real reason this move was necessary is that inflation is running way ahead of their target and forcing yields higher.... Read More
Markets
Alternative Measures of Housing
Alternative Measures of Housing
Posted By Greg Blaha
Redfin's alternative measures of the housing market continue to show a slowdown in the crazy conditions of the last year.... Read More
Markets
Are Short-Expiration Options Driving Intraday Volatility?
Are Short-Expiration Options Driving Intraday Volatility?
Posted By Alex Malitas
The past two years have produced wild swings across financial markets. While the S&P 500 often sees intraday moves greater than 2%, the VIX remains near a historically low level of around 20. Near-expiration options help explain this contradiction.... Read More
Markets
Chinese Lockdowns Impact Everyone
Chinese Lockdowns Impact Everyone
Posted By Jim Bianco
China Is the factory for the world, so its zero-COVID policy and subsequent protests will impact everyone.... Read More