A recent survey of Wall Street fund managers by Bank of America found that "no one is bearish." Maybe that is the rationale to "be bearish?"
Did Low Interest Rates Boost Auto Sales? Do These Covid Markets Make Any Sense?
Inflation worming through various levels of the economy despite suboptimal demand.
Mark Mobius, the emerging markets investment pioneer, has recently published a book titled “The Inflation Myth and the Wonderful World of Deflation.” In it, he argues that consumer price inflation measurements are severely flawed, a central reason being that no account is taken of changes to the quality of the good or service, or innovation generally.
Gold rose more than 1.5% to a near one-week high on Monday, despite a jump in U.S. Treasury yields, as expectations for rising inflation triggered equity valuation concerns and drove investors towards the safe-haven metal. "We are seeing investment flows into gold as market participants grow more anxious about rising real rates that can impact equity...
In comments made on Monday morning, Fed Chair Treasury Secretary Janet Yellen set the stage for several exciting new initiatives, including a higher corporate tax, potentially higher capital gains taxes, yield curve control... oh and a digital dollar.
European Central Bank President Christine Lagarde said her institution is “closely monitoring” the market for government bonds, in a sign that she might act to prevent rising yields undermining the economic recovery from the pandemic.
Reflation trades reached a fever pitch in Australia’s bond markets Monday in a burst of activity that will be hard for global policy makers to ignore.Ten-year yields climbed the most since the height of the market dislocation in March 2020, while benchmark three-year yields inched further above the Reserve Bank of Australia’s 0.1% target.
U.S. Treasury Secretary Janet Yellen said on Monday she will judge the success of President Joe Biden's coronavirus stimulus plan by how quickly it returns the economy to pre-pandemic levels of unemployment. Speaking to a New York Times Dealbook online event, Yellen also played down the increased debt levels that would be incurred from...
One year on, the eurozone needs to rediscover the “whatever it takes” spirit. The ghosts of the past crisis have resurfaced: governments are not spending enough to support the recovery and stimulus plans pale in comparison to more aggressive “go big” measures being debated in the US.
Federal Reserve Chair Jerome Powell can expect pressure to support the stimulus plan of Democratic lawmakers when they host him this week on Capitol Hill for the first time since regaining control of Congress.In testimony before the Senate Banking Committee on Tuesday and the House Financial Services panel the following day, Powell will probably...
A wave of reflation bets sweeping across global markets is prompting traders to brace for an end to the low interest-rate regime earlier than expected. The ramp-up in inflation expectations intensified a selloff in Treasuries sending the gap between the 5- and 30-year yields to the widest since October 2014 and bringing forward expectations for U.S. rate...
Copper rose above $9,000 a metric ton for the first time in nine years, taking another step closer to an all-time high set in 2011 as investors bet that supply tightness will increase as the world recovers from the pandemic. Copper is surging amid a broad rally in commodities from iron ore to nickel, while oil has gained more than 20% this year.
World shares sank on Monday as expectations for faster economic growth and inflation battered bonds and boosted commodities, while rising real yields made equity valuations look more stretched in comparison.
JPMorgan thinks bitcoin is an "economic side show," despite the cryptocurrency's monster rally.
US money markets are starting to show signs of anxiety about the stimulus-squared flood into the US economy, bringing forward expectations of the timing of the start of The Fed's next rate-hike cycle.
Gold prices on Monday bounced back from an over seven-month low hit in the prior session.
People say I didn't warn last time. I did, but no one listened. So I warn this time. And still, no one listens. But I will have proof I warned.
Mike Maloney recently appeared on the Keiser Report, check out what he has to say about inflation and deflation when asked by Max if we are now at an inflection point.
“Inflation is an escalating concern among institutional investors,” mentioned Michael John Lytle, chief govt of Tabula, a London-based ETF supplier.