Jim Bianco joins CNBC to discuss Sticky Inflation, Immigration/Labor Market Data, Size of Rate Cuts with Rick Santelli.... Read More
At Jackson Hole, Chairman Powell said, ?The time has come? to cut rates. He expressed concern about the labor market and suggested inflation has been defeated. However, the labor market has undergone epic changes post-pandemic and interpreting inflation data is very complicated. A credible case can be made that the labor market is still robust and inflation is bottoming around 3%. Stimulating such an economy could produce more inflation.... Read More
At Jackson Hole Chairman Powell said, "The time has come" to start cutting rates. He expressed concern about the labor market. However, the labor market has undergone epic changes post-pandemic, and interpreting its data is very complicated. A credible case can be made that the labor market is still robust, and stimulating the economy could produce more inflation.... Read More
Jim Bianco joins Fox Business to discuss Fed Chairman Powell?s Speech, the Economy & Labor Market with Charles Payne.... Read More
Jim Bianco joins CNBC to recap Chairman Powell?s Speech and the Economy with Sara Eisen and Carl Quintanilla.... Read More
Homebuyers enjoyed a relatively affordable market in the decade following the housing crash. The recent rise in prices and mortgage rates put homeownership out of reach for many prospective first-time buyers.... Read More
Given the recent selloff in markets, we update market valuations through the lens of common bubble characteristics. ... Read More
Recessions and crises change behavior. Government stimulus checks mailed during the pandemic told consumers they don't need to save as much. This is driving strong consumption and retail sales, keeping economic growth above potential. Such an economy does not need rate cuts.... Read More
Jim Bianco? is looking for a "sense of stability" in the market ahead of this week's key inflation data. And, following last week's volatile market swings, Bianco weighs in on the state of the yen-carry trade. ... Read More
Money parked in the Federal Reserve's reverse repo facility is shrinking again as money fund managers extend maturity to hold onto 5%+ yield as long as possible. This move is being driven by the belief that the Fed is finally going to start cutting rates, not some ominous sign that the financial system's plumbing is at risk.... Read More
Financial market volatility has spiked in the last few weeks. We argue this has been driven more by financial stress around the Bank of Japan?s surprise rate hike last week than the prospect of the economy sinking into recession.... Read More
Today's topics include has the Yen carry trade been completely unwound?, the odds of another BoJ rate hike, the odds of an emergency Fed rate cut, a soft landing, checking in on sentiment after a rocky week, a lack of liquidity, a historical look at stocks after the VIX spikes, the moral hazard facing central banks, tech valuations, covered call ETFs, searching for neutral, and OPEC's price targets... Read More
Jim Bianco joins Fox Business to discuss Recent Market Volatility, Mixed Economic Signals & Bond Market Liquidity with Charles Payne.... Read More
Monday's selloff in equities and massive bond rally indicated that, after minimal volatility so far in 2024, the interconnectedness of global markets poses upside risks to volatility.... Read More
JP Morgan suggests the speculative carry trade is only half unwound. The exchange rate between the yen and peso is one market to monitor closely.... Read More
Not all sharp moves in financial markets are driven by rapid changes in the economic outlook. Unexpected changes in the financial structure of the markets can also force repricing. The most recent move in the markets has been driven by the Bank of Japan's larger-than-expected hike last week, leading to a subsequent unwind of the yen carry trade.... Read More
