Tag Archives: Markets

December 29, 2020

Markets

What Kind of Nominal Growth is Coming Next Year?
Posted By Jim Bianco | Featured, Newsclips

As booming raw industrial commodity prices point to higher nominal growth expectations in 2021, the dynamic between real growth and inflation will be a major influence on the returns of risk assets. Risk assets do not perform well when inflation is accelerating. We have not seen that in a generation. Our fear is inflation may rear its head in 2021.... Read More

December 28, 2020

Markets

Extreme and Popular Charts
COT Update

Highlights from the most recent COT report... Read More

December 24, 2020

Markets

The Average Maturity of Treasury Debt
Posted By Greg Blaha | Charts of the Week

The rush of T-bill issuance has helped push down the average maturity of U.S. Treasury debt. 37% of all debt is set to mature within the next year.... Read More

Markets

Small Cap Outperformance Hits Level Rarely Seen
Posted By Greg Blaha | Charts of the Week

Over the past three months small cap stocks returned almost 17% more than large cap stocks, setting a level of outperformance rarely seen.... Read More

Markets

A Look at Regulatory Activity as 2020 Comes to a Close
Posted By Greg Blaha | Charts of the Week

Trump held true on his promise to cut regulations when he took office in 2016. In the past few years, however, the number of pages in the Federal Register have again crept higher.... Read More

Markets

A Review of Foreign Net Purchases of U.S. Securities
Posted By Greg Blaha | Charts of the Week

A look at foreign net sales and purchases of U.S. Treasuries, agencies, corporates and equities through October... Read More

December 21, 2020

Markets

Looking at Market Valuation
Posted By Jim Bianco | Featured, Newsclips

The market, which has been priced for perfection lately, has taken a hit as news of a new strain of coronavirus emerges in the U.K.... Read More

December 18, 2020

Markets

Extreme and Popular Charts
COT Update

Highlights from the most recent COT report... Read More

Markets

The Economic Slowdown Continues
Posted By Jim Bianco | Featured, Newsclips

Markets are looking past the near-term and hoping federal stimulus can help the economy. Since this is expected, markets are living in the second half of 2021, a period of mass vaccination and a return to some sort of new normal in which concerts, sporting venues, and restaurants will no longer have restrictions. This may very well be the case. But before we get there, the slowing economy is about to get worse. The federal government throwing money at everyone would help, but as of this writing, we still have no deal.... Read More

Markets

Comparing the Value of Credit in the U.S. to GDP
Posted By Greg Blaha | Charts of the Week

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

Markets

Breaking Down Debt in the U.S.
Posted By Greg Blaha | Charts of the Week

A look at outstanding amounts of Treasuries, corporates, agencies, munis and open market paper... Read More

Markets

Funding Gaps at Public and Private Pensions
Posted By Greg Blaha | Charts of the Week

Private pension funds have much smaller funding gaps than their government counterparts.... Read More

Markets

Defined Benefit Plans Continue to Shrink
Posted By Greg Blaha | Charts of the Week

Defined benefit plans continue to be replaced by IRAs and defined contribution plans.... Read More

December 16, 2020

Markets

Stimulus Coming, When Does It End?
Posted By Jim Bianco | Featured, Newsclips

We fear the market may have to force the government's hand in reducing stimulus spending. A bad market reaction, perhaps in the form of a big rise in inflation caused by too much stimulus, would be one such scenario. If nothing "bad" happens, why would the government stop regularly mail checks to everyone?... Read More

December 15, 2020

Markets

Excessive Optimism Is Changing Investing Patterns
Posted By Jim Bianco | Featured, Newsclips

There is more than excessive optimism in the market. There is a structural shift in how retail investors put their money to work. They are buying stocks directly and buying options (leverage) to a degree never seen.... Read More

Markets

Beware of Consumer Confidence
Posted By Jim Bianco | Newsclips

One should always consider the political nature of consumer confidence readings when judging the economy. This is probably even truer after a contested election.... Read More

December 14, 2020

Markets

Wall Street Strategists’ New Normal
Posted By Jim Bianco | Featured, Newsclips

Wall Street strategists are bullish and perceive record valuations to be the "new normal." The belief is the Fed will continue to suppress interest rates, allowing these valuations to persist.... Read More

December 11, 2020

Markets

Extreme and Popular Charts
COT Update

Highlights from the most recent COT report... Read More

December 9, 2020

Markets

Interest Rates and Nominal Growth
Posted By Jim Bianco | Featured, Newsclips

Are interest rates heading higher on real growth or higher inflation expectations? Risk markets would respond very differently depending on the reason.... Read More

December 7, 2020

Markets

Options Mania Makes New Highs
Posted By Jim Bianco | Featured, Newsclips

The public's shift from mutual funds and ETFs towards speculating in individual stocks and options continues without pause. Last week's options volume boomed to a new record. All signs suggest the mania is making new peaks.... Read More

What Kind of Nominal Growth is Coming Next Year? Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts COT Update

The Average Maturity of Treasury Debt Posted By Greg Blaha | Charts of the Week

Small Cap Outperformance Hits Level Rarely Seen Posted By Greg Blaha | Charts of the Week

A Look at Regulatory Activity as 2020 Comes to a Close Posted By Greg Blaha | Charts of the Week

A Review of Foreign Net Purchases of U.S. Securities Posted By Greg Blaha | Charts of the Week

Looking at Market Valuation Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts COT Update

The Economic Slowdown Continues Posted By Jim Bianco | Featured, Newsclips

Comparing the Value of Credit in the U.S. to GDP Posted By Greg Blaha | Charts of the Week

Breaking Down Debt in the U.S. Posted By Greg Blaha | Charts of the Week

Funding Gaps at Public and Private Pensions Posted By Greg Blaha | Charts of the Week

Defined Benefit Plans Continue to Shrink Posted By Greg Blaha | Charts of the Week

Stimulus Coming, When Does It End? Posted By Jim Bianco | Featured, Newsclips

Excessive Optimism Is Changing Investing Patterns Posted By Jim Bianco | Featured, Newsclips

Beware of Consumer Confidence Posted By Jim Bianco | Newsclips

Wall Street Strategists’ New Normal Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts COT Update

Interest Rates and Nominal Growth Posted By Jim Bianco | Featured, Newsclips

Options Mania Makes New Highs Posted By Jim Bianco | Featured, Newsclips

What Kind of Nominal Growth is Coming Next Year?
Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts
COT Update

The Average Maturity of Treasury Debt
Posted By Greg Blaha | Charts of the Week

Small Cap Outperformance Hits Level Rarely Seen
Posted By Greg Blaha | Charts of the Week

A Look at Regulatory Activity as 2020 Comes to a Close
Posted By Greg Blaha | Charts of the Week

A Review of Foreign Net Purchases of U.S. Securities
Posted By Greg Blaha | Charts of the Week

Looking at Market Valuation
Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts
COT Update

The Economic Slowdown Continues
Posted By Jim Bianco | Featured, Newsclips

Comparing the Value of Credit in the U.S. to GDP
Posted By Greg Blaha | Charts of the Week

Breaking Down Debt in the U.S.
Posted By Greg Blaha | Charts of the Week

Funding Gaps at Public and Private Pensions
Posted By Greg Blaha | Charts of the Week

Defined Benefit Plans Continue to Shrink
Posted By Greg Blaha | Charts of the Week

Stimulus Coming, When Does It End?
Posted By Jim Bianco | Featured, Newsclips

Excessive Optimism Is Changing Investing Patterns
Posted By Jim Bianco | Featured, Newsclips

Beware of Consumer Confidence
Posted By Jim Bianco | Newsclips

Wall Street Strategists’ New Normal
Posted By Jim Bianco | Featured, Newsclips

Extreme and Popular Charts
COT Update

Interest Rates and Nominal Growth
Posted By Jim Bianco | Featured, Newsclips

Options Mania Makes New Highs
Posted By Jim Bianco | Featured, Newsclips