COVID continues to surge worldwide. Signs of case counts turning higher in the U.S. are evident.... Read More
Jim Bianco: Even though the cash market was closed (yesterday), the interest rate futures had a fairly sizeable decline. Not like (Wednesday’s) sell-off, but they did continue (Wednesday’s) declines with more losses. Bond futures were off about 1/2 point. Most... Read More
After taking a pause for most of 2021, the options markets are lighting up again with both retail and institutions piling in.... Read More
Jim Bianco: The Fed?s Financial Stability report was released yesterday. It lists the risks the Fed sees for markets. These include stablecoins, China Real Estate developers, meme stocks, US/China relations, and a flare up of COVID. What is not mentioned... Read More
Jim Bianco joins Bloomberg to discuss Inflation, Powell?s Renomination, Yields & the Equity Markets Ben Breitholtz: US 10-year yields and implied volatility (MOVE Index) have yet to see an appreciable connection. This alone has kept us out of trouble looking... Read More
Short rates are exhibiting a lot of volatility and dealing pain to a number of leveraged players. We believe this is part of a signal that central bankers have to tighten more aggressively in 2022.... Read More
Jim Bianco joins Fox Business to discuss Cryptocurrencies, Household Savings, Congressional Approval Jim Bianco: The chart shows the daily volume of all options trading. Friday’s volume was 55.12 million, the second-highest ever. Highlighted on the chart was every options volume spike... Read More
Jim Bianco: Really strong report. 531k vs 450k est Last two month revisions added 235k. 766k add with revisions Ben Breitholtz: Sergio Pineda: Colleague: Powell said to determine full employment they are watching average hourly earnings, labor force participation rate,... Read More
Data suggests COVID cases may be bottoming in the U.S. and heading higher in Europe.... Read More
Jim Bianco: Here is the fed funds futures curve on the date of the last five FOMC meeting. Things changed at this meeting (blue) verses the rest of the meeting. In other words, between the September 22 FOMC meeting (red... Read More
Short rates continue to send a signal that central banks are behind the curve.... Read More
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Jim Bianco: Meme stocks are still the play … 127% in minutes! *AVIS BUDGET EXTENDS SURGE TO 127%, HITTING RECORD HIGH Nice daily chart! And let’s... Read More
If cases are turning higher, more impediments to the economy may be in the offing.... Read More
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Ben Breitholtz: Economists’ expectations for October payrolls showing the tightest distribution since the pandemic got underway. Range is currently 450k with a median estimate of 450k.... Read More
In the last month, markets are pricing in more aggressive tightening monetary policy across the globe, sending short rates higher. This move accelerated in the last week. Is this signaling the end of the "transitory" inflation era?... Read More
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Jim Bianco joins Fox Business to discuss Wage Inflation, the Spending Bill and Cryptocurrencies Ben Breitholtz: 10-year inflation expectations rolling over HARD across Europe and North... Read More
If you have any further questions on this material please contact me at: gus.handler@arborresearch.com Bianco Research Conference Call Replay: What?s Next For Rates? Yesterday, October 27, at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 15:00 BST) Bianco... Read More
On a total return basis, the bond market is still tracking one of its worst years on record. The 2-year note is tracking a total return loss for the first time ever. Commodities are having one of their best total return years in history and at new all-time highs. These are the market moves one would expect if persistent inflation was becoming a bigger concern.... Read More