Market Overview

There’s a lot to discuss, with markets moving quite violently in all directions—it’s hard to know where to begin—the economic data triggered much of yesterday’s movement. The JOLTS report came in...

Markets have been re-pricing the prospect of Federal Reserve rate cuts this year in the wake of more hawkish Fed commentary. Today's data suggests that the economy is maintaining its strong momentum...

US economic activity looks set to post softer growth in the government’s upcoming fourth-quarter GDP report. Based on the median nowcast from several sources, output appears set to downshift to the...

Shares of NVIDIA soared 171% in 2024, but quieted in the back half of the year The company will present at two of the biggest conferences of the year this week and next With its Q4 earnings...

In April last year I took a look at the market potential for a downturn that ultimately, never materialized. That scenario was negated by the break of the March high during the summer, followed by a...

It’s a big week for US economic data, which could push long-term rates towards 5%, especially if the data comes in stronger than expected. On Tuesday at 10:00 AM, we’ll get the JOLTS report and ISM...

We will start the new year with initial jobless claims, an important data point, today and the ISM manufacturing data, which is particularly significant, on Friday. The ISM manufacturing index is...

On December 18th, the Fed officials voted to reduce the fund’s rate by 25 basis points, tightened their forward guidance on future cuts, and issued a new Summary of Economic Projections (SEP) with...

Ed and Eric look forward to the new year in this week's webcast below

This week is expected to be relatively quiet. The most notable data release will be the ISM Manufacturing Report on Friday, January 3. Early in the week, we’ll get some housing data, while continuing...

When the Obama Administration first suggested the Affordable Care Act following the Financial Crisis, we argued that the outcome would be substantially higher, not lower, healthcare costs. It is...

Yesterday’s market activity was predictable, with the S&P 500 closing flat. Futures volume reflected the holiday mood, with just 840,000 contracts traded. Given that it was the day after...

Wall Street analysts and market strategists are carefully evaluating the potential impact of Donald Trump’s presidential victory on financial markets in 2025, with early indicators showing both...

The 2024 season is coming to an end. What an eventful year it has been: the Magnificent 7 rally, the Bitcoin halving, Tesla's (NASDAQ:TSLA) Cybercab reveal, geopolitical tensions and the US election....