Despite the disbelief by many that the Fed will cut rates at the end of the month, economic data and inflation expectations actually make it a reasonable idea.... Read More
Yield curve control, as part of Japan's larger quantitative and qualitative monetary easing program, has not helped the Japanese economy or increased inflation. Along the way it has damaged their bond market, killed their banks and punished their savers. Naturally, the ECB and Fed are taking detailed notes to possibly implement something similar.... Read More
Foreign revenue-focused stocks are outperforming domestic revenue-focused stocks. While cable news interest in China/trade stories spiked after Trump's May 5 tweet, the vast majority of companies never mention it in their presentations.... Read More
In our latest Bloomberg column, we make the case that the Fed should cut 50 basis points. More than likely, they will follow the market's orders and cut 25 basis points. This might not be enough.... Read More
Jim Bianco Discusses the July Fed meeting on July 8, 2019. ... Read More
Today's topics include Powell's testimony, the odds of a rate cut, earnings, the strong dollar, LIBOR, bank stress tests, high yield ETF flows, EU cuts growth forecasts and analyzing Fedspeak. ... Read More
Our top posts from the week of June 24, 2019. ... Read More
Many on Wall Street believe tariffs and the Fed are creating a great deal of uncertainty. In actuality, the markets do not appear overly concerned about tariffs for the time being. They do view the Fed as more significant, however.... Read More
Today's topics include Mnuchin's comments about a trade deal with China, China continues to buy U.S. crude oil despite tariffs, Powell insists the Fed is independent, the "new normal", Bullard considered for Fed board job, high yield issuance, Jamie Dimon talks student loans, bitcoin and other major cryptos jump, more on Libra and the ten most powerful hedge fund managers in 2019. ... Read More
Some of the more interesting charts from this week's CoT Update.... Read More
Private pension funds have much smaller funding gaps than their government counterparts.... Read More
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
