Russia's wealthiest individuals have lost a considerable sum of money as a result of sanctions placed on Russia.... Read More
Asia has seen a spike in COVID infections. While the health consequences are not as dire as in the past, this has still led to a degree of absenteeism in areas that are often considered the beginning of the supply chain.... Read More
Jim Bianco: MoM Core was up 0.5%, dead on estimates YoY Core 6.4%, also dead on estimates, up from 6.0% last month Keep in mind … YoY CPI Jan 2021 = 1.4% Feb 2022 = 7.9% The Russia/Ukraine war started... Read More
Bloomberg: Powell?s Fed Is Set to Attempt a Rare Soft Landing?in the Fog of War, No Less Rich Miller – In January 2009, Captain Chesley ?Sully? Sullenberger safely piloted his crippled US Airways plane to an emergency landing in the... Read More
Investors in allocator funds seem to be sticking to the 2021 mantra 'There is No Alternative'. Trader ETF flows are bouncing around with the market. Neither group appears to have capitulated despite the market heading south.... Read More
The Fed waited too long to normalize, leaving them with few options. Hiking aggressively to stop inflation and risking a recession/bear market causes less pain than staying too easy in an inflationary environment to protect growth.... Read More
Jim Bianco: I still think US stocks are trading on the hope of a red headline that says some variation of ?Putin is dead/out? or ?ceasefire.? Hope is not a strategy and the reality is this gets worse before better.... Read More
Not only are commodity prices soaring, but they are also trading with record backwardation, signifying critically low inventories are squeezing prices higher.... Read More
Jim Bianco: The Euro is getting crushed 6 month chart of the Euro Euro now under 1.09. It first crossed below 1.10 three hours ago. Biggest 1-day move since March 2020. Dollar soaring/Euro diving. When things “hit the... Read More
Jim Bianco: The last two days the national average price of gasoline has jumped 11 cents. One of its largest jumps in history. The other examples were hurricane breaking infrastructure or Libya going offline. Those past jumps were corrected in... Read More
Bianco Research Conference Call: Economic & Market Implications of Russia?s Invasion of Ukraine Thursday, March 3, 2022 at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will... Read More
Bianco Research Conference Call: Economic & Market Implications of Russia?s Invasion of Ukraine Thursday, March 3, 2022 at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will... Read More
Bianco Research Conference Call: Economic & Market Implications of Russia?s Invasion of Ukraine Thursday, March 3, 2022 at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will... Read More
Shelter costs remain an important factor for inflation. By many of Redfin's alternative measures, the housing market remains as hot as ever.... Read More
Checking in on market drawdowns from their highs in a volatile week... Read More
Jim Bianco: Latest drawdown charts. The most worrisome part, to me, is interest rates are not giving an inch. In fact the 2-year finished about 1.60%. Zero flight to quality after this big decline. My takeaway, this is about inflation. ... Read More
For the time being, Putin appears to have no interest in backing down. This puts central banks in an even worse spot than before. Growth will likely take a hit, but inflation will also remain elevated. We believe the Fed will attempt to tame inflation first, worrying about slow growth later.... Read More
Jim Bianco: The 10:1 ratio of this tweet should stand as evidence of how important, and how angry, the public is about inflation. Jim Bianco: Manheim: Wholesale Vehicle Prices Decline in First Half of February Manheim Market Report (MMR) prices... Read More