Jim Bianco - Bloomberg

Cryptocurrencies Rally After First Quarter Slump

Why the Bitcoin Crash Was a Big Win for Cryptocurrencies

Under extreme stress, the decentralized finance system worked as designed.

A New Global Monetary Order Threatens the Dollar

There's a parallel financial system led by stablecoins that's starting to jeopardize the greenback's status as a reserve currency.

Trading Temporarily Halted Yet Again During Market Hours, As Dow Dips Below 10 Percent During Intraday Trading

Markets

Wall Street Never Saw the Redditors Coming

A big new player with lots of money and sophistication has entered the game and is probably not going away.

Last-Minute Shoppers Hit The Stores On Christmas Eve

Markets

The Alphabet Soup of Recoveries Adds ‘R’ and ‘I’

If the 2020 economy was defined by what letter would best describe the rebound, 2021 will be about reflation versus inflation.

Federal Reserve Lowers Key Rate By Three Quarters Of A Point

Markets

Blame the Fed for the Disconnect in Markets

The central bank has fostered an unprecedented amount of risk-taking at the expense of the long-term health of the economy.

U.S. Stock Futures Extend Gains After ADP Jobs

Markets

Buy When the Fed Is Buying Won’t Work Anymore

The recent rebound in stocks was built on false hopes about the economy and efforts to stem the pandemic.

President Trump Announces Nominee For Federal Reserve Chair Of The Board Of Governors

Markets

The Fed's Cure Risks Being Worse Than the Disease

An alphabet soup of new asset-buying programs will essentially nationalize large swaths of the financial markets, and the consequences could be profound.

Dow Plunges Despite Fed Buyout Plan for Debt

Markets

Markets Need to See the Government Panic

Investors are signaling they want politicians to do whatever it takes to stem the coronavirus, even if it damages the economy.

Fed Chairman Jerome Powell Holds News Conference Following FOMC Rate Decision

Markets

The Fed Did Right Thing, But It's a Whole New Ballgame

Governments and central banks can manage, but not reverse, a shift in markets and the global economy caused by the coronavirus.

Trading On The Floor Of The NYSE As Tech Falls After Apple; Bonds Drop on Jobs Report

Markets

How to Tell When Markets Finally Reach a Bottom

Investors and traders would need to stop reacting negatively to every bad headline.

Trading On The Floor Of The NYSE As U.S. Stocks Jump With Peso

Markets

Federal Reserve’s Repo Market Fix Is No Fix at All

The central bank has become the lender of first resort when it should be the lender of last resort and offer funds at a penalty rate.

South Korean Economy Boosted As Won Jumps To New High

Markets

Central Banks Are the Biggest Risk to the Economy in 2020

The Fed’s reaction to the disruption in repo markets shows how hard it will be for policy makers to reverse their “money printing.”

Markets

Mom and Pop Aren’t the Ones Getting Suckered by FOMO

With many Americans focused on capital preservation, investment flows are no longer motivated by the chase for performance.

Economics

Lagarde's Political Agenda Is a Risk for the ECB

Using a central bank as a blunt instruments to force government spending is not a good idea.

Markets

Central Banks Can't Create Negative Rates by Themselves

Advances in technology and a growing global savings glut are pushing inflation and bond yields lower.

Treasury Secretary Mnuchin Views Production Of Currency Bearing His Signature

Markets

Bond Dealers Are Too Conflicted to Advise the Treasury

When it comes to ultra-long debt securities, the U.S. government should ignore the warnings from Wall Street.

Dow Tumbles Over 600 Points As China Retaliates With New Tariffs On U.S. Exports

Markets

Negative Interest Rates Threaten the Financial System

Markets may need to be rebuilt on a new set of assumptions, but we don’t know what those should be or how they would work.

Markets

Powell Needs to Side With Markets at Jackson Hole

If rate cuts really are stimulative, they will work now to halt a worsening economy, not cause the Fed to “run out of bullets.”

Markets

Only a Half-Point Rate Cut From the Fed Will Do

Anything less would fail to fix the imbalances in the global bond market, continuing to weigh on economic sentiment.

Economics

Trump's Latest Picks May Be What the Fed Needs

The central bank suffers from groupthink and would benefit from a few dissenters.