Tag Archives: Markets
The End of the Central Bank Put?
Posted By Jim Bianco
Central banks fired all their weapons to stop markets from declining, but U.S. stock futures are locked limit down as we write. The central bank "put" no longer works. If risk markets make new lows, regulators and government officials may have no choice but to close the financial markets to prevent chaos and lasting damage.... Read More
The World Passes China in Infections
Posted By Jim Bianco
The latest infection and death counts paint a depressing picture. They help explain the chaos in financial markets.... Read More
Why No Takers of Fed Liquidity?
Posted By Jim Bianco
It looks like the dealers want and need the Fed's liquidity, but too many regulators and rules are keeping them illiquid.... Read More
The Moment in This Decline Has Arrived
Posted By Jim Bianco
Friday, the 13th, between 7:45AM ET and 9:00AM ET the Fed will offer the massive sum of $1.175 trillion in liquidity (repo) in an attempt to help dysfunctional financial markets. If it works, and liquidity returns, financial markets should resemble normalcy. If it does not, and continued liquidation and illiquidity remain, the next option might be a temporary closure of financial markets.... Read More
Tracking Companies’ Mentions of Coronavirus
Posted By Greg Blaha
To-date, 354 companies in the S&P 500 have mentioned the words 'coronavirus' or 'COVID-19' in their quarterly earnings reports, transcripts, presentations, or press releases.... Read More
Tracking TV’s Coverage of Coronavirus
Posted By Greg Blaha
Cable news channels' coverage of the coronavirus has picked up considerably as the virus spreads in the U.S.... Read More
Measuring the Markets
Posted By Jim Bianco
We offer some tables and graphs to put the markets in perspective.... Read More
Stocks After Extreme Volatility
Posted By Jim Bianco
The U.S. stock market continues to exhibit record volatility. What happens next? The answer depends on how many more near-record days are to come.... Read More
An Update on the Spread of Coronavirus
Posted By Jim Bianco
The number of cases of coronavirus surpassed 1,000 in the U.S.... Read More
Where Do Markets Stand?
Posted By Jim Bianco
Yesterday was an epic day in the financial markets by many measures. Does this mark a bottom?... Read More
Infections, Elections, and Fed Rate Cuts
Posted By Jim Bianco
The latest infection charts, Trump's re-election chances, and the Fed is poised to cut to zero next week.... Read More
Infection Count Update
Posted By Jim Bianco
Right now daily updates to global infection counts are one of the most important statistics. The virus continues growing exponentially in much of the world.... Read More
Does New Repo Stress Mean More “Not QE” Is Coming?
Posted By Jim Bianco
Funding strains are developing again. The Fed might have to respond by expanding its "not QE" support for the repo market even more, which would push its balance sheet to even larger levels.... Read More
The Reasonable Fear Behind the Fed’s Rate Cut
Posted By Jim Bianco
The Fed cut on fears that the US is about to see massive economic disruption. Given the examples from other countries, this is a reasonable fear.... Read More
It’s a Coronavirus Market. The Fed’s Just Living in It
Posted By Jim Bianco
Governments and central banks can manage, but not reverse, a shift in markets and the global economy caused by the coronavirus.... Read More
The Fed’s Repo Support Surges
Posted By Jim Bianco
Fed support of the repo market surged to new a record this morning. This was not expected and the initial reasons for the banks' surge in demand are hard to determine.... Read More
The Market Priced in a Fed Move. When Will It Happen?
Posted By Jim Bianco
As we highlighted last night, the market has priced in a Fed move. How long will the market remain patient in waiting for a cut?... Read More