Companies are talking about raising prices, commodities are booming, and interest rates have stopped declining.... Read More
Bianco Research Conference Call: How Cryptocurrencies Could Transform the Financial Landscape Thursday, April 29, 2021 at 9:00 AM CDT (10:00 AM EDT | 7:00 AM PDT | 3:00 PM BST) Cryptocurrencies’ promise extends well beyond Bitcoin as a store of... Read More
Roughly one-quarter of S&P 500 companies have reported earnings, smashing expectations. But does this make the market attractive from a valuation standpoint?... Read More
Twitter: Julian Brigden @JulianMI2 In the last 40yrs, the widest spread between PPI and CPI has been 4.4%. Therefore, if the Kansas data is indicative and PPI is heading towards 10%, +5% CPI seems reasonable. Tweet Financial Times: Investors plough money... Read More
Over 90% of S&P stocks are trading above their 50-day moving average, a feat which has only occurred 16 other times since 1990.... Read More
The surge in retail trading earlier this year led to an explosion in penny stock trading. As of the end of March, some of that mania has died down.... Read More
As inflation continues to be one of the most debated topics in 2021, the correlation between stock and bond returns offers one additional gauge of investors? thinking.... Read More
Evidence continues to build that inflation is coming as companies announce price hikes. The risk is prices become "unanchored" requiring the Fed to aggressively react to something that has not been seen in a generation.... Read More
Jim Bianco: The Global Rolling 7-Day Average (orange) is now at a new high. Yesterday single day high (blue) was the second largest ever. Global vaccine doses approaching 1 billion (green).Yahoo: India’s COVID tsunami is the worst in the world.... Read More
Twitter: Lisa Abramowicz @lisaabramowicz1 HSBC explains why it expects 10-year Treasuries to fall to 1% by yearend and stay there by the end of 2022. “Comparisons with past periods of inflation and forecasts of regime shifts miss the structural headwinds from... Read More
The market's operating assumption for 2021 continues to be herd immunity will lead to re-opening. In the UK and the US, this seems to be a safe bet. But in many other places in the world, especially in Asia and the Middle East, case counts are headed the wrong way.... Read More
Politico: Post-pandemic boom poised to get smacked with severe shortages Victoria Guida – ?This supply disruption is getting to the breaking point where we?re going to have to start raising prices, and we?re going to see inflation,? said Jim Bianco,... Read More
Ben Breitholtz: The intraday correlation between stocks (S&P 500 emini) and bonds (US 10Y note) remains stuck near ZERO. In other words, the two have shown little to no connection since late March. This likely indicates some real indecision by... Read More
To assume we return to January 2020 and pile back on the roads and mass transportation might not be correct. There will be questions about why we have these big buildings in metropolitan areas and the reason people congregate in offices.... Read More
YouTube: Jim Bianco joins Charles Payne on Fox Business to talk Coinbase, DeFi & getting back to the office Ben Breitholtz: More signs the Fed and others are concerned inflation can actually run at or above 2% following the pandemic.... Read More
Jim Bianco: Greg (Blaha) has been working to put together charts to understand Cryptos (called “on-chain analysis”) He created this chart … 75% of the addresses (unique accounts) that own Bitcoin have less than $600 (blue). The point of cryptos... Read More
Ben Breitholtz: Twitter: Ed Bradford @Fullcarry Okay, maybe we shouldn’t read too much into breakevens going forward. This happened today once an official at the NY Fed announced they could be buying fewer TIPs Tweet Ben Breitholtz: Twitter: Ben Breitholtz @benbreitholtz Over... Read More