Market Overview

By Padhraic GarveyWe are a bit surprised the market has not moved more on the Fed’s firm preference for a holding pattern on rates. Bottom line we see pressure for yields to edge higher on a...

The Gold Price Stays High Despite a Hawkish Message From the FedThe gold (XAU) price rose above 2,050 on Wednesday but failed to hold the level and decreased after Jerome Powell, the Federal Reserve...

The U.S. Labour Department will be reporting on Friday, 2 February. The Nonfarm Payroll (NFP) is expected to increase by 180,000 jobs in January. The unemployment rate is forecast to rise to 3.8%...

Part One of this series led with a graph implying that we are embarking on an inflation rollercoaster for the next ten years, similar to the experience of 1965 to 1982.Parts One and Two explained the...

We knew that yesterday was not going to be a bright day, as Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOGL) and AMD (NASDAQ:AMD) have all seen a negative market reaction to their fantastic quarterly...

Federal Reserve Meeting Key PointsThe FOMC left interest rates unchanged in the 5.25-5.50% range and made no changes to its balance sheet plans, as expected The monetary policy statement was less...

Will last week’s news of substantially stronger-than-expected growth for US economic output in 2023’s fourth quarter extend into this year’s Q1?It’s too soon to make...

The Federal Reserve is all but certain to leave rates unchanged at its January FOMC meeting. Fed Chair Powell could strike a more hawkish tone than expected in the post-meeting press conference. As...

Gold trades near a 2-week high as the market focuses on today's Fed meetingThe gold (XAU) price rose by 0.21% on Tuesday as a weaker US dollar made the metal more appealing for holders of other...

We had good news, bad news, and news that are fundamentally good for the economy and bad for the global rate cut expectations.Good news. The European economies performed better than expected last...

A global market rebellion?  Can it really happen, and how should citizens of the world prepare to handle it?  JP Morgan’s Jamie Dimon thinks it can happen. He gives America roughly the...

For the fourth time in the last 10 years, the stock market broke to a new all-time high after consolidating for a few years or crashing as it did during COVID-19.Two of the previous three instances...

The most important chart ahead of tomorrow.Tomorrow we will have a lot of information and data given to the market. Everything from the QRA (quarterly refunding announcement) from the Treasury to know...

S&P 500 closes at all time high as yields fall after Treasury cuts borrowing estimateBut worries grow about China’s economy amid Evergrande falloutEuro steadies as Eurozone dodges a...