Tag Archives: Markets

Markets

Did the Bank of Japan Succumb to Inflation?
Posted By Jim Bianco  |  Featured, Newsclips

The Bank of Japan raised the cap on 10-year JGB yields in what they called a technical adjustment due to financial stability issues. The real reason this move was necessary is that inflation is running way ahead of their target and forcing yields higher.... Read More

Markets

Are Short-Expiration Options Driving Intraday Volatility?
Posted By Alex Malitas  |  Featured, Newsclips

The past two years have produced wild swings across financial markets. While the S&P 500 often sees intraday moves greater than 2%, the VIX remains near a historically low level of around 20. Near-expiration options help explain this contradiction.... Read More

Markets

The Yield Curve Officially Flashes a Recession Signal
Posted By Jim Bianco  |  Featured, Newsclips

Today marks the 10th consecutive day that the 10-year less 3-month yield curve has been inverted. When inverted for this long, the yield curve has an eight-for-eight track record over the last 50+ years in predicting recession. On average, recessions typically start 10 months later.... Read More

Markets

Valuations in a Bear Market Rally
Posted By Alex Malitas  |  Featured, Newsclips

The S&P 500 bounced strongly off the latest CPI data that indicated inflation may be peaking. If October 10th was the bear market low, how do valuations now compare to previous bear market bottoms?... Read More

Markets

The Yield Curve Goes Extreme
Posted By Jim Bianco  |  Featured, Newsclips

Extremely inverted yield curves signal the Fed is too tight. But they have only reached this point in the last few weeks. It typically takes several months of this condition for a slowdown/recession or policy pivot to materialize.... Read More

Markets

Still No Long-Term Vision at the Fed
Posted By Jim Bianco  |  Featured, Newsclips

Lately, Fed officials' speeches have signaled what the FOMC will do at the next meeting. Missing is the speech explaining why an aggressive policy is needed. We believe Fed officials do not give this speech because they cannot agree on this case.... Read More