By Vince Golle (Bloomberg.com) – If you’re building or renovating a home in the U.S. these days, you’ve got plenty of company.
Author Archive | TIM
Mnuchin Says Ultra-Long U.S. Bonds Can Absolutely Make Sense – Bloomberg
By John Micklethwait and Saleha Mohsin (Bloomberg.com) – Treasury Secretary Steven Mnuchin said the first ultra-long bond issuance could “absolutely” make sense to help finance the U.S. government, while indicating he’d be reluctant to swell the federal budget deficit to pay for planned infrastructure investment.
Markets Start to Ponder the $13 Trillion Gorilla in the Room – Bloomberg
By Enda Curran, Liz McCormick, and Eric Lam (Bloomberg.com) – After heading into the uncharted territory of quantitative easing, the world’s central banks are starting to plan their course through the uncharted waters of quantitative tightening.
U.S. Consumer Prices Show Biggest Annual Increase Since 2012 – Bloomberg
By Sho Chandra (bloomberg.com) – The U.S. cost of living rose in February, while prices increased from a year ago by the most since March 2012, reinforcing the view that inflation is in line with the Federal Reserve’s goal.
Fed Nods to Improved Sentiment While Leaving Rates Unchanged – Bloomberg
By Christopher Condon (Bloomberg.com) – Federal Reserve officials left interest rates unchanged while acknowledging rising confidence among consumers and businesses following Donald Trump’s election victory.
DOL encourages investors to ask advisers if they are fiduciaries – Investment News
By Mark Schoeff Jr. (InvestmentNews.com) – DOL encourages investors to ask advisers if they are fiduciaries. Agency provides a litany of questions for consumers as well as FAQs on technical compliance for advisers.
Home Prices in 20 U.S. Cities Increased 5.1% in October – Bloomberg
By Michelle Jamrisko (Bloomberg.com) – Home prices in 20 U.S. cities maintained a steady pace of increases in October while a gauge of nationwide property values rose by the most since mid-2014, according to S&P CoreLogic Case-Shiller data released Tuesday.
Bond Market Rises to Liquidity Challenge – Bloomberg Gadfly
By Lisa Abramowicz (bloomberg.com) – In some ways, the $40.7 trillion U.S. bond market just passed an important test: It demonstrated that it could account for rapidly shifting views without breaking down.
Copper Set for Best Month in a Decade as Speculators Pile in – Bloomberg
By Mark Burton (bloomberg.com) – Copper, seen as a barometer for the global economy, is on a tear. The metal is headed for the biggest monthly gain in a decade as investors flock back to commodities even as some banks warn the rally has gone too far.
Investors Have Hit the Pause Button on a Number of ‘Trump Trades’ – Bloomberg
by Luke Kawa (bloomberg.com) – Time for a time-out. After massive moves across a plethora of asset classes, positions linked to the surprise victory of President-elect Donald Trump are starting to lose momentum, according to Bespoke Investment Group analysts, who ran a health-check on these so-called “Trump trades.”