Tag Archives: Markets
Breaking Down Debt in the U.S.
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More
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
Funding Gaps at Public and Private Pensions
Private pension funds have much smaller funding gaps than their government counterparts.... Read More
Defined Benefit Plans vs. IRAs
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.... Read More
Comparing Real Estate to GDP and Stock Ownership
A home may be the biggest purchase most people make in their lives, but households' home equity is actually surpassed by households' direct stock ownership.... Read More
Over 46% of FDIC Deposits Are Uninsured
Over 46% of FDIC deposits in the U.S. are uninsured.... Read More
Bear Markets and Recessions
Posted By Alex Malitas
The S&P 500 officially entered bear market territory yesterday. The relationship between bear markets and recessions is not what many might expect. Has the recession already started?... Read More
CPI Friday: A Watershed Day
Posted By Jim Bianco
Going into Friday's CPI release, we noted 33% to 40% of the investment community still believed inflation was transitory. In other words, inflation's potential to drag down risk markets was not fully priced in. Friday's CPI killed the transitory hope and we are now seeing the effects of the remaining believers capitulating as a result.... Read More
Profiting From the Commodity Roll
Posted By Greg Blaha
Long-term commodity investors have profited from backwardation over the past year, adding to total returns to a degree rarely seen.... Read More
Housing Falls Further Out of Reach for First-Time Buyers
Posted By Greg Blaha
First-time homebuyers enjoyed a relatively affordable market in the decade following the housing crash. The recent rise in prices and mortgage rates has brought that to an end.... Read More
Sentiment and Positioning in Markets
Posted By Alex Malitas
Last week we heard several individuals express concern over where the US economy was headed. Amid these negative outlooks, traders do not seem positioned for a severe downturn in the economy.... Read More
Has the Growth vs Inflation Script Flipped?
Posted By Jim Bianco
The economy can fall off a cliff, but if we continue to see positive job growth, the Fed will keep hiking until inflation stalls.... Read More
Why Are Gas Prices Soaring?
Posted By Jim Bianco
Demand is up, refining capacity is falling, imports are hard to come by, and China and Air Travel are expected to increase.... Read More
Hope for Transitory Inflation Continues
Posted By Jim Bianco
Inflation is not going down without extreme policy intervention to force it lower. It is not going down by itself. And that extreme policy has a high probability of causing a recession.... Read More
Profiling the Mutual Fund & ETF Universe
Posted By Greg Blaha
56% of households owning mutual funds make more than $100k per year.... Read More
The Divide Between Active and Passive Fund Fees
Posted By Greg Blaha
Active equity funds continue to charge 10x the fees of passive equity funds.... Read More