Tag Archives: Markets
Bespoke Commentary from Bianco Research & Arbor Data Science – March 25th, 2022
Bianco Research Conference Call: Why Do We Have Inflation? Replay Jim Bianco joins BloombergTV to discuss the situation in Ukraine, Federal Reserve Hikes & Inflation Jim Bianco: Gas prices peaked on March 10 at $4.33. It fell everyday until yesterday... Read More
Where Are Valuations and How Did We Get Here?
Posted By Alex Malitas
There is no doubt valuations are stretched and have been for some time. In a low-rate, strong-growth environment, this is not an issue. However, as we enter a period of higher rates, continuing war in eastern Europe, and record inflation prints, valuations look more problematic.... Read More
Interpreting Different Yield Curves
Posted By Jim Bianco
The markets are concerned the Fed will get too aggressive in its rate hikes and break something.... Read More
Bespoke Commentary from Bianco Research & Arbor Data Science – March 22nd, 2022
Bianco Research Conference Call: Why Do We Have Inflation? Thursday, March 24, at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 14:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a client webinar/teleconference... Read More
Markets and World Wars
Posted By Jim Bianco
Last week's rally in stocks bears some similarities to September/October 1939. If this overlay holds, stocks could be in for a painful period. During both World Wars inflation outpaced stock returns. The S&P 500 has already lagged CPI over the past year.... Read More
Bespoke Commentary from Bianco Research & Arbor Data Science – March 21st, 2022
Bianco Research Conference Call: Why Do We Have Inflation? Thursday, March 24, at 9:00 AM CT (10:00 AM ET, 7:00 AM PT and 14:00 GMT) Bianco Research, in conjunction with Arbor Research & Trading, will be hosting a client webinar/teleconference... Read More
Breaking Down Debt in the U.S.
A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More
Comparing the Value of Credit in the U.S. to GDP
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
Funding Gaps at Public and Private Pensions
Private pension funds have much smaller funding gaps than their government counterparts.... Read More
Defined Benefit Plans vs. IRAs
Defined benefit plans continue to be replaced by IRAs and defined contribution plans.... Read More
Comparing Real Estate to GDP and Stock Ownership
A home may be the biggest purchase most people make in their lives, but households' home equity is actually surpassed by households' direct stock ownership.... Read More
Almost 47% of FDIC Deposits Are Uninsured
Almost 47% of FDIC deposits in the U.S. are uninsured.... Read More
The Fed’s Priority
Posted By Jim Bianco
Chairman Powell made it clear yesterday that inflation, or price stability, is now the Fed's priority. Concerns over financial conditions will not stand in the way. Short-term debt pricing and the shape of the yield curve are reflecting this reality.... Read More
Bespoke Commentary from Bianco Research & Arbor Data Science – March 16th, 2022
Jim Bianco: This will be the lead of today’s What We’re Reading in Newsclips. This is far and away the worst performing stock market going into a hiking campaign since the Fed started targeting the funds rate. Colleague: And this... Read More
Bespoke Commentary from Bianco Research & Arbor Data Science – March 15th, 2022
Jim Bianco: Intraday the the 10-year BE did exceed 3%, but, for now, it has come up just short on a closing basis. Jim Bianco: *SAUDI WEIGHS USING YUAN INSTEAD OF USD FOR CHINA OIL SALES: DJ The Saudis have... Read More
Stress in the Market
Posted By Alex Malitas
With the end of the 'Fed Backstop,' both equity and bond markets are showing increased stress and volatility.... Read More
Bespoke Commentary from Bianco Research & Arbor Data Science – March 14th, 2022
Jim Bianco: The WSJ released its latest poll. Stop me if you heard this before? Wall Street Journal: Biden, Democrats Lose Ground on Key Issues, WSJ Poll Finds “Voters also gave Democrats poor marks for handling inflation and the economy,... Read More
An Update on ARK Returns
Posted By Alex Malitas
Cathie Wood and the ARK ETFs, headlined by ARK Innovation (ARKK), are arguably the most important manager/complex on Wall Street. After their outstanding performance in 2020, these funds significantly underperformed in 2021 and have had an abysmal start to 2022. ... Read More