Talking Data Episode

Рет қаралды 2,675

9 күн бұрын

Welcome to the latest edition of Talking Data. Our Talking Data series seeks to offer timely insights into macro market themes along with macro data and its impact on the economy and markets.
I am your host Kristen Radosh of Arbor Research and Trading. Our commentator is Jim Bianco of Bianco Research.
Today Jim will share his thoughts on CPI and the Fed Meeting.
• CPI came in less than expected.
What is the takeaway?
• The Fed held steady, will they cut
rates this year?
• What about the neutral rate?
Thank you for joining us today. We are client driven, if you have any questions or feedback on future topics, please let us know.
For further information on Arbor Research, Bianco Research and Arbor Data Science, please contact Gus Handler at ⁠gus.handler@arborresearch.com⁠.

Пікірлер: 14

@MrTigerStarX 8 күн бұрын

Jim, you are crystal clear on this one. Stay in the zone.

@user-py7wp6nw9h 7 күн бұрын

he is wrong and he is blowing steam in your eyes. He says " some Dr Siegel says stocks return 8% over the long time. : OK. TRUE...but OVER HOW LONG? Bianco doesn't define it. He only says it so that he hooks his argument on the BONDS (which is promotes) ...saying "well, if stocks get 8% you can get 4% bonds ". Again... OVER HOW LONG? Because if you take say 10 year frame, stocks ALWAYS outperform bonds. But because he wants you to buy his ACTIVELY MANAGED bond portfolio, he'll piss on you then tell you it's raining.

@thesolitaryadventurer 7 күн бұрын

@@user-py7wp6nw9hyeah, you need to go do some reading. Long-term means 5 years or more in this context... But he's been saying this long before he wanted anyone to buy his bond fund. He's speaking truth. You're arguments are childish and reflect your lack of reading on these matters.

@DrYield 7 күн бұрын

We might have a pre-May CPI dot plot. Those seven "no cut" voters could now be more like one or two. Another reason Powell was so confusing in this meeting, I believe, is due to the CPI shock the market experienced. The board didn’t have enough time to fully digest the data. A significant miss not seen in this inflation cycle. Since then, we've had multiple deflationary readings. I think we are closer to seeing two rate cuts than none at all.

@DeFi-Macrodosing 6 күн бұрын

By saying that they were considering cuts was, in itself, essentially a cut.

@user-py7wp6nw9h 7 күн бұрын

Kristen Radish is always the host. How come I don't get Jennifer Cucumber?

@thesolitaryadventurer 7 күн бұрын

"Tip your waitress. Try the veal"

@miguelleiva897 7 күн бұрын

At this point, in my opinion, I think the fed will cut once pressured by WallStreet, but they'll regret it in 2025 when whoever is elected wants to spend money, aka physical policy which will stimulate the economy but at the cost of higher inflation higher than 2% at that point the fed will lose credibility. Unless they plan to change their neutral rate. In my opinion, they will try to accommodate, but the double-edged sword is the bond market like Mr. bianco said.