Tag Archives: Markets
Markets
Does FOMO/TINA Actually Exist?
Does FOMO/TINA Actually Exist?
Posted By Jim Bianco
The terms FOMO (fear of missing out) and TINA (there is no alternative) are repeated ad nauseam in financial papers and on financial networks. Interestingly, however, the public appears to be more interested in wealth preservation via the 60/40 portfolio than chasing performance.... Read More
Markets
Is the Bond Market Losing Patience?
Is the Bond Market Losing Patience?
Posted By Jim Bianco
Forward measures of inflation suggest the Fed's target of 2% will remain elusive. The bond market has taken note, as the recent rise in yields and steepening yield curve have stalled.... Read More
Markets
Diverging Trends in the Risk-On Rally
Diverging Trends in the Risk-On Rally
Posted By Jim Bianco
The safest risk assets have outperformed lower quality risk assets in the latest rally. Poor earnings prospects, bad Q4 GDP forecasts, and defensive CEOs have all contributed to some trepidation in going full risk-on. Although markets lead data, patience will start to wear thin if economic confirmation does not come soon.... Read More
Markets
Banks Increasingly Using Deposits as a Source of Funding
Banks Increasingly Using Deposits as a Source of Funding
Posted By Greg Blaha
Banks are increasingly relying on deposits as a source of funding.... Read More
Markets
With QT Behind Us, Specs Short Volatility Again
With QT Behind Us, Specs Short Volatility Again
Posted By Greg Blaha
Traders had the fortitude to remain short during bouts of volatility in the QE era. Without the Fed reducing its balance sheet, they appear to be emboldened once again in shorting volatility.... Read More
Markets
A Review of Foreign Net Purchases of U.S. Securities
A Review of Foreign Net Purchases of U.S. Securities
Posted By Greg Blaha
A look at foreign net sales and purchases of U.S. Treasuries, agencies, corporates and equities through September... Read More
Markets
Revisiting the Stock/Bond Relationship
Revisiting the Stock/Bond Relationship
Posted By Jim Bianco
The relationship between stock prices and bond yields is fluid over time and, we believe, is driven by the mindset over inflation. Currently, traders' mindsets remain where they have been the last 21 years, suggesting the markets do not fear any return to an inflationary environment.... Read More
Markets
Trump Complains About High Relative U.S. Rates
Trump Complains About High Relative U.S. Rates
Posted By Jim Bianco
The U.S. has the highest interest rates in the developed world. Trump pressured Powell again yesterday, making the case that U.S. rates are too high relative to other countries.... Read More
Markets
Active Managers Struggle … Again
Active Managers Struggle … Again
Posted By Jim Bianco
The most recent S&P Indices Versus Active (SPIVA) scorecard continues to paint a picture of active managers struggling to beat their benchmark indices.... Read More
Markets
A Look at the Risk-on Rally
A Look at the Risk-on Rally
Posted By Jim Bianco
Risk markets and yields are breaking out higher. Some believe improving economic data is the reason for the breakout. While that can be debated, it is worth noting central banks are expanding their balance sheets again.... Read More
Markets
Yields Break Out
Yields Break Out
Posted By Jim Bianco
For now, the rally in stocks and the push higher in yields have the ideal backdrop. Both Brexit and trade negotiations are offering positive headlines, but there is no real pressure from the markets to produce actual results. Hope is more powerful than reality.... Read More
Markets
Comparing New Home Prices to Existing Home Prices
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
Markets
Existing Home Sales by Pricing Tier
Existing Home Sales by Pricing Tier
Posted By Greg Blaha
Almost half of all existing home sales occurred under the $250,000 price point in September.... Read More
Markets
What Gets the Fed to Cut Rates Again?
What Gets the Fed to Cut Rates Again?
Posted By Jim Bianco
The Fed seems to be on hold, thus completing a mid-cycle adjustment. So, what gets them to start cutting rates again? A stock market correction.... Read More
Markets
Has QE Restarted?
Has QE Restarted?
Posted By Jim Bianco
Jim sat down with Cris Sheridan of the Financial Sense podcast to discuss the markets and economy. Jim makes the case that the Fed has restarted QE.... Read More