Funding Gaps at Public and Private Pensions
Private pension funds have much smaller funding gaps than their government counterparts.... 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
Ben Breitholtz: Adding to the reversals above, interesting commodities of all sorts are rolling over too. Only 68% now up on a rolling three-month basis. Also, the overall magnitude of the commodity rally matched and is now receding from those... Read More
Jim Bianco joins Oliver Renick to break down the latest Fed decision, including the notion that the short-term top is in for the 10-year yield.... Read More
Money meant to stimulate the economy is boosting stocks to new highs. Promises of more of the same should keep this bullish backdrop intact.... Read More
Jim Bianco: Going back to the dollar discussion … this chart might help. No matter how you measure it, the dollar is strengthening in 2021. Jim Bianco: ForexLive: ECB’s Lagarde: The market can test us as much as they want... Read More
The race is on to vaccinate the world before another wave of infections hits. 2021's aggressive growth forecasts are at stake.... Read More
Peter Forbes: Significant development for rents. Inability to evict will restrain many units from seeing the gap between realized and asking rents close. Harder for OER to move higher in that context. Twitter: Ed O’Keefe @edokeefe JUST IN: @CDCgov extends the... Read More
The long and short ends of the yield curve are moving in opposite directions. Typically yields stop rising when something breaks. Which end of the yield curve will break something?... Read More
Jim Bianco has decades of experience as a macro markets researcher. He's been leading his firm Bianco Research since 1990, which has family offices and traditional money managers as clients. He was at UBS and Lehman Brothers before that. He?s as TradFi as it gets, but recently, he?s been falling down the crypto rabbit hole ?hard. ... Read More
Financial Times: The return of the inflation spectre Martin Wolf – A spectre is haunting investors: the return of inflation. But is it a plausible threat? And what would it mean if it did return? Ben Breitholtz: Oh boy, the... Read More
Ben Breitholtz: Twitter: SentimenTrader @sentimentrader According to the ICI, equity mutual funds and ETFs enjoyed inflows of nearly $54 billion last week alone. That’s higher than any previous month in 26 years. So far in March, inflows total more than $75 billion. Tweet... Read More
Inflation continues to be the biggest economic story so far this year. Either the massive amount of fiscal and monetary stimulus produces inflation or it does not and MMT/UBI wins. Place your bets.... Read More
Peter Forbes: Larger than expected decline in new home sales. Severe weather in February a likely contributor and we already see signs that activity is picking up again in March. Regional declines were -37% for Midwest, -15% for South, -16%... Read More
With stimulus checks now being mailed out, several measures of short-term rates may be worth watching as barometers of potential trouble.... Read More
Wall Street forecaster Jim Bianco expects stocks to get a boost this spring because the benchmark 10-year Treasury Note yield will temporarily retreat. ?The near-term forecast is it?s oversold, and it?s probably due for a rally ? meaning that we would have falling rates,? the Bianco Research president told CNBC?s ?Trading Nation? on Friday.... Read More
Peter Forbes: TSA passenger volume on the rise. Latest Google search data show interest in more ambitious travel (air travel, theme parks, etc) rising steadily. Tweet Jim Bianco: John Authers has a good piece about the bond market today. ... Read More
Twitter: Rick Rieder @RickRieder We?re in the midst of witnessing #BondMarketHistory, as the peak to trough drawdown for the Barclays Long Treasury Index now exceeds -20% (not including today?s move), its worst #drawdown going back 40 years and meeting what many... Read More