Market Overview

By nearly any measure you cite, US equities are enjoying a stellar run. Despite numerous global risks, investor sentiment for American shares is resilient. The question, as always, is when is it...

We could see pressure building for additional monetary tightening in some APAC economies in the coming week. Meanwhile, North Asia (ex-China) delivers the monthly activity data dump which should show...

Recession talk for the US is on the march again. Although there’s still room for debate on the near-term business-cycle outlook, some indicators are highlighting decelerating growth that could be the...

Core and Median inflation continue to decline. This is not really a surprise; since early 2023 the clear direction has been to lower inflation. The debate has not been about whether inflation was...

The latest consumer survey data from the New York Federal Reserve had interesting data. “The New York Fed’s latest consumer survey found that expectations that stocks will be higher in the next 12...

This will be a quiet week with very little data and a day off mid-week. The retail sales data will come on Tuesday; Tuesday will also be VIX Opex; Wednesday, the markets will be closed, and Friday...

Recently, James Grant, editor of the Interest Rate Observer, was asked about his outlook for interest rates. He sees interest rates moving in a cyclical pattern, potentially rising for another...

Stocks finished higher after the CPI report fell below analysts’ expectations and swap pricing. The CPI headline y/y and m/m missed swap pricing, something we haven’t seen frequently in recent...

The CPI report for May was definitely good news. In April, core CPI was +0.29% and Median CPI was +0.35%; this month those figures were +0.16% for core and +0.25% (est) for median. That would be the...

Investors are bracing for the Federal Reserve’s latest policy decision after better-than-expected May CPI. All eyes are now on Powell's press conference after the decision. Investors should now be...

Here's the rundown for today's FOMC meeting and the 4 things to watch. No rate change does not mean no volatility for forex, stocks + gold 2pm ET - Fed Rate decision, Dot Plot, Economic...

Strong job growth suggests the Fed may delay interest rate cuts. However, despite robust job numbers, a decrease in job openings could show lower inflation ahead. The bond market doesn't yet reflect...

More than a few individuals were active in the markets in 1999-2000, but many participants today were not. I remember looking at charts and writing about the craziness in markets as the fears of...