Lisa Abramowicz

Lisa Abramowicz


All things fixed income. Opinions mine. @BloombergRadio @Business former @gadfly https://t.co/YExR5brzUE https://t.co/oEDubcRN0q

73579 followers  •  1379 follow  •    •   https://t.co/sWb71ALtaq

More than 30 states stretching from Florida to Alaska reported double-digit drops in merchandise exports to China through September of this year.

tweet picture

Investors including Blackstone, Tiger Global and Lightspeed Venture Partners, are planning to pour billions more dollars into later stage tech start-ups, even amid some high-profile falls among such companies.

Real estate mogul Sam Zell is buying distressed assets in the U.S. oil sector. “The amount of capital available in the oil patch is disappearing.”

Jay Powell doesn't see that many risks to upset the economic expansion. “I would say this expansion is on a sustainable footing. We don’t see the kinds of warning signs that appeared in other cycles yet.’’

In the short run, rate moves appear to be driving stock prices even more than earnings: BCA Research @johnauthers ⁩

“We’re more dependent on the consumer than ever in this expansion, and we’re getting some signs the consumer is slowing.”

“We’ve had an unprecedented run in high-end real estate and now many of these markets are struggling with excess supply or uncertainty. 'Uncertainty’ is the most overused word in real estate right now and probably for good reason.”

Softbank's second fund, which has a targeted size of $108 billion, is ready to start taking stakes in startups after raising $2 billion. It's unclear whether there are any outside investors lined up.

Loading
Loading

The U.S. Treasury saw a 31% drop in corporate tax revenues last year, almost twice the decline official budget forecasters had predicted. Receipts were projected to rebound sharply this year, but so far they’ve only continued to fall.

China's economy is slowing more than analysts had expected on almost all fronts.

Cam Harvey, the economist who first linked an inverted yield curve to economic declines, pinpoints the 3-month/5-yr curve as a key recession indicator once it inverts for a full quarter. It officially finished a full quarter of being inverted yesterday. h/t @Reganonymous 

tweet picture

German banks have started to pass negative rates onto their retail clients.

Big U.S. companies spent more money on buying back shares than they did on capital expenditures in the first half of 2018. The last time that happened for two straight quarters was just before the crisis, according to this chart from Deutsche Bank's Torsten Slok

tweet picture

Prices on Argentina's 100-year bonds are in free fall.

tweet picture

More than half of the world’s banks are too weak to survive a downturn: McKinsey survey

My 10-year-old son tonight: “I want to put my money in a bank, so they can lend it out and then pay me extra. Right? Isn’t that how it works?” Me: “Well, that’s complicated right now...”

American companies look cash-rich on paper, but average leverage ratios don't tell the story. 5% of S&P 500 companies hold more than half the overall cash; the other 95% of corporations have cash-to-debt levels that are the lowest in data going back to 2004: Wells Fargo research

tweet picture

The gap between 10-year & 3-month U.S. yields just went the most negative since 2007.

tweet picture

Loading
Loading