Market Overview

Gold Lacks Bullish MomentumGold (XAU) declined on Friday, losing initial gains XAU/USD got on the back of the weakening US dollar. Economic data indicating a slowing U.S. economy brought the US dollar...

Forget inflation predictably floating around 1.5% as in the last decade.Does this mean this paradigm shift will see inflation consistently print at 4% going forward? Not necessarily. But it sure means...

Last week, U.S. inflation data were better than expected, showing a deceleration.This reaffirmed investors' confidence and their bets on an end to the monetary tightening cycle and a possible initial...

The previous week marked a significant shift in market sentiment regarding Federal Reserve (Fed) rate hike expectations. The latest Consumer Price Index (CPI) update revealed a slower-than-anticipated...

Since we came back from vacation, I wrote 3 Daily’s.The first one was on the Economic Modern Family and how it opened its loving arms to the bulls. I was particularly keen on small caps or the...

This was a week of good news pretty much across the board, which doesn't happen all that often. Congress managed to kick the can down the road again on spending, avoiding a governmental shutdown....

Markets think the Fed is done after US data missesSelloff in crude oil further fuels rate cut bets amid supply glut fearsBut dollar seesaws while earnings caution weighs on stocksFed expected to cut...

Democrats should start worrying about the level of debt and the increasing deficit. I previously discussed this issue when President Obama held the White House, when Marshall Auerback, via the Nation,...

“Next Thing You Know” is a song co-written and recorded by American country music singer Jordan Davis. It was released on February 21, 2023. It was nominated for the Country Music...

US economic activity in the fourth quarter remains set for a sharp slowdown vs. Q3, but the pace of expected growth has strengthened recently, based on updated nowcasts.Output for Q4 is estimated at...

Fed rate cut bets scaled back after upbeat US dataWall Street rally loses steam, dollar edges up as yields reboundGlobal growth worries and disappointing US-China summit also dent moodPost-CPI...

The US Dollar Rises Even Though Inflation Eases, Bringing Down XAU/USDGold (XAU) initially rose on Wednesday but fell after the release of the U.S. Producer Price Index (PPI) report, even though...

Stocks finished flat yesterday, following the slightly stronger-than-expected retail sales and weaker PPI data. Overall, yields and the dollar rose, which helped hold the S&P 500 to a gain of only...

Yesterday was about digesting Tuesday’s softer-than-expected US CPI data, feeling relieved that the US Senate passed a stopgap spending bill to avert a government shutdown and welcoming a...