Market Overview

Two defensive sectors had performed better than the broad equity market But recently endured significant selling pressure Important signals might be visible in sector rotation Washout in market...

Arabica coffee down 12% so far for Oct, the most since 13% drop in Sept 2020 Brazil has harvested too much and more beans could be coming ahead of La Nina $1.90 might be a support, otherwise low of...

UK shows fiscal malfeasance can be even worse than monetary policy mistakes Focus shifts to Fed as high U.S. CPI affirms strong rate hike Political vacuum limits initiatives as U.S. absorbed in...

Another week, another upside surprise on an inflation indicator. Core CPI reached a fresh y/y high for the move, marking at least the third time we’ve been expecting the peak to be in—and,...

The macro climate and the realization that COVID growth rates were only temporary are severely damaging PayPal's stock However, the company remains strong operationally and can continue to grow EPS at...

Dollar’s rally of over 25% is making investment magazine covers Some technicians calling a potential peak in sentiment and a bearish price reversal DXY trend remains high and Fed likely focused...

The September jobs report was the first market-shaking event for volatility traders CPI, Retail Sales, and corporate earnings begin this week FOMC rate decision and the U.S. midterm elections take...

Last week, I reminded readers that high-inflation environments are associated with lower equity multiples, all else being equal, and that that phenomenon has been true for more than a hundred years....

I was thinking about the market and what is potentially behind this stupid rally, and at heart, this seems like nothing more than an oversold bounce, given a lot of bond market dislocation last week....

UK government to keep top tax rate but credibility badly damaged Eurozone inflation at 10% galvanizes ECB policymakers US investors see light at the end of the tunnel The British government has...

Stepping into the spooky month (from a historical market perspective, of course) of October, we need to take administrative notice of the fact that the S&P 500 has fallen more than 8% in three of...

Nasdaq 100 futures underperformed futures on the Dow, S&P and Russell 2000 and were the only index to trade in the red.Sharply rising Treasury yields have been a critical driver of this year's...

This week, we will again get several opportunities to reconsider the received wisdom that when mortgage rates rise, home prices must fall. Last week, median home prices in the Existing Home Sales...

Let's be frank: The third quarter was a mess for stocks. It doesn't much matter where the stocks were traded, except this: U.S. stocks in September were not a place you wanted to be.The Dow Jones...