Defined benefit plans continue to be replaced by IRAs and defined contribution plans.... Read More
The amount of outstanding private credit in the U.S. experienced a brief decline during the financial crisis, but government debt grew throughout the entire period. Both are now at new highs.... Read More
Posts of interest from this past week... Read More
Jim Bianco discussed inflation expectations in a recent conference call. ... Read More
On Thursday, June 6, 2019 we joined the Financial Sense podcast to talk about the markets and the Fed.... Read More
Speculators do not believe the yield curve will remain inverted for too long.... Read More
Our top posts from the week of June 3, 2019. ... Read More
Some of the more interesting charts from this week's CoT Update.... Read More
Jim Bianco discussed the Fed's latest GDP forecasts in a recent conference call. ... Read More
Thanks to a new set of data from Bloomberg, we can now differentiate mutual fund flows based on whether they are actively or passively managed.... Read More
The standard 60/40 portfolio lost 2.45% in May, its first monthly loss of the year.... Read More
The bond market sees tariffs and persistently low inflation as reasons to cut rates. The stock market is only off modestly on the belief the Fed will deliver easier policy.... Read More
The market is pricing in a 60% chance of a July 31 cut, 87% in September, and 3.5 cuts over the next year. Chairman Powell speaks tomorrow. What would be the consequences of him pushing back against a cut?... Read More
A transcript of our May 30, 2019 conference call.... Read More
Some of the more interesting charts from this week's CoT Update.... Read More
Today's topics include what bond market may be trying to tell us, stock market valuation, how Trump will drag the Fed into the trade war, tariffs and "slowbalization", how robo-investors trade the trade war, currency traders have a good month and crude oil. ... Read More
Jim Bianco was on CNN on Monday evening discussing tariffs on May 15., 2019. ... Read More
A replay of our May 30, 2019 conference call. ... Read More
Join us for our conference call today at 9 AM CT. ... Read More