Market Overview

After a gentle disinflationary easing (Goldilocks), the bond market is hinting at an inflationary steepening of the 10-2 Year Treasury Yield Spread.A yield curve can steepen under inflationary or...

In December, the consumer price index (CPI) in the United States rose by 3.4% year-over-year (YoY), marking the highest increase in three months, as reported by the U.S. Bureau of Labor Statistics...

Watch below my quick take on this morning's US inflation and jobless claims report and what it means for stocks and the US dollar trades.

The December CPI report is due on Thursday at 8:30AM ET. Headline annual inflation is seen rising 3.2% and core CPI is forecast to climb 3.8%. While the rate of inflation is declining, it’s not...

The S&P 500 finished the day higher by about 60 bps, while the S&P 500 Equal Weighted finished the day higher by just 17 bps. It again shows how the indexes are diverging and returning to...

Market narratives have been around for ages. However, the internet and, more recently, social media allow narratives to spread much quicker. Accordingly, they have become more frequent and potent...

Much of what is thought and believed about the stock market is based upon fallacy and a lack of understanding, which was easily seen in the comments section of one of my recent articles.It seems that...

During the last week of December, I polled my Twitter followers for their outlook on the markets and the economy for 2024. The results were quite interesting, but before we look forward, we must look...

The runup in yields for most of the major asset classes has peaked, based on the trailing 1-year payout rates for a set of ETFs through Friday’s close (Jan. 5, 2024).That’s hardly...

This week will be another in-focus week, with the CPI and PPI reports coming toward the week’s end.Additionally, 3 Treasury auctions will be front and center as well. This will follow a fairly...

Treasury yields surged on Friday after the NFP report for December exceeded expectations, raising questions about the Fed's plans for a dovish pivot. The December non-farm payroll (NFP) report...

Wall Street’s Q4 earnings season kicks off next week and is expected to be the next major test for the stock market. Analysts expect annualized profit growth of +2.4% and an increase of +3.1% in...

As 2024 begins, let's take a look at what some historical stats indicate for this election year. Like every year, election years tend to be full of ups and downs, and investors need to retain their...

The S&P 500 dropped by around 35 bps on the day, with most of the decline coming in the final minutes. Yesterday, there was a large sell imbalance that was $4.1 billion, which helped to create...