Tag Archives: Markets
COVID Records and the Economy
Posted By Jim Bianco
As COVID cases continue to spike, lockdowns are being instituted and the economy is struggling. But, for now, all that is being overlooked because a vaccine is coming.... Read More
Updating the Macro Nature of Credit Trading
Posted By Jim Bianco
Since the Fed began buying corporate bonds and bond ETFs, this sector trades more like an index and less like a market of bonds.... Read More
A Booming Re-Opening Rally
Posted By Jim Bianco
Good news on the vaccine front has ignited a powerful rally and a violent reversal away from work-from-home stocks. This is all good news. However, inflation and much higher interest rates now become a bigger risk worth monitoring.... Read More
Earnings Update: Record Beat Rates and High Valuations Continue
Posted By Alex Malitas
To-date, 434 S&P 500 companies (87%) have reported earnings. 86% beat estimates, a record pace. Stock valuations remain very high.... Read More
Talking Data: Reviewing the Three Big Stories of the Week
In the latest installment of Talking Data, Jim and Ben talk about the three big stories of the week... Read More
About Last Night … And Beyond
Posted By Jim Bianco
Once the votes made a divided government a high likelihood, the markets reacted by decreasing the odds of further fiscal stimulus. Bond yields fell and the stock market is up.... Read More
Comparing New Home Prices to Existing Home Prices
Posted By Greg Blaha
As existing home prices continue to trend higher, new home prices have stalled out over the last few years.... Read More
Existing Home Sales by Pricing Tier
Posted By Greg Blaha
Over a third of all existing home sales occurred under the $250,000 price point in September.... Read More
Talking Data: The Election and Markets
Posted By Jim Bianco
In our latest installment of Talking Data, Jim and Ben dive into the election and its potential ramifications for financial markets.... Read More
COVID Spike Now Worrying Markets
Posted By Jim Bianco
COVID cases are spiking worldwide and governments are trying to lockdown, but populations are pushing back. Risk markets have taken note.... Read More
Earnings Update: Companies Beating Estimates at High Rate
Posted By Alex Malitas
To-date, 131 S&P 500 companies (26%) have reported earnings. 86% beat estimates, well above the average quarterly beat rate since 2009 is 71%. The growth rate is -17.24%.... Read More
Europe’s COVID Counts Spiking Higher
Posted By Jim Bianco
COVID cases are spiking again in Europe. Deaths are now following. Rising infection counts continue to matter for the global economy.... Read More
Infections Cases Spiking Again
Posted By Jim Bianco
New daily cases in Western Europe are now twice as high as their spring peak and well above the peaks seen over the summer in the United States. When the virus initially spread in March, European cases led U.S. cases by four to six weeks.... Read More
There Are No Bad Bonds, Only Bad Prices
Posted By Jim Bianco
There is an old saying on Wall Street that "there are no bad bonds, only bad prices." It seems Quarles is proudly announcing the Fed will hold Treasuries at "bad prices." What ends this? Inflation.... Read More
Will We See a “Red Mirage” Election Night?
Posted By Jim Bianco
The "red mirage" is the idea that election night ends with Trump ahead with more than 270 electoral college votes. As mail-in ballots begin being counted, however, several key states may flip until Biden is declared the winner.... Read More