Market Overview

Markets are calm and stable today, despite some risk-off flows at the end of last week. However, there are holidays this week in some of the countires so this can change some flows in the mid- week,...

If you are taking a vacation this week, you chose the wrong week. From Tuesday until Friday, there will be a massive data dump. Starting Tuesday, we get the Employment Cost Index and Home Prices.On...

The US economy grew 4.9% in Q3, the durable goods orders rose nearly 5% in September, and the Federal Reserve’s (Fed) favorite inflation gauge, the PCE index, came in higher than expected, as...

We aren’t geopolitical experts and do not know how the Israel-Hamas war will unfold*. Nobody does. There are far too many unknowns at this stage for even the geopolitical experts to do anything...

Why did I choose to compare Bitcoin to Gold?Three simple answers: Both are comparable in terms of their store of value and quasi-limited supply) Both have been shown to act as possible...

The first bar chart is the fed funds probability for Wednesday’s 11/1/23 FOMC meeting and what it’s telling readers is that there is a 99% chance that the FOMC will maintain the current...

We’ve seen this script before. The headlines will make you think the end of the financial universe is upon us because of China, Russia, the Middle East, politics…whatever. Yet, profits...

Fed expected to keep rates on hold despite robust US GDP/personal consumption/spending data The monthly pace of core inflation ticked higher October’s PCE reading however is expected to cool...

Economists no longer expect a recession. Such was according to a recent WSJ survey of Wall Street economists. To wit: “In the latest quarterly survey by The Wall Street Journal, business and...

Upside surprise in US GDP was not enough to boost the dollarStock markets slide in the aftermath, euro little changed after ECBGold advances, drawing fuel from yields and geopolitical escalationDollar...

On Thursday, the Mexican peso (MXN) was the best-performing currency among the 20 global currencies we track, while the Nigerian naira (NGN) showed the weakest results. The New Zealand dollar (NZD)...

After a rocky October, investors should brace for more violent swings and sharp moves in the weeks ahead. November is expected to be another volatile month on Wall Street amid several major...

Stocks finished the day lower and were saved by a drop in rates following a solid 7-year auction. This pushed Treasury rates lower in the second half of the trading session.It allowed stocks to rally...

Investors were net purchasers of fund assets (including those of conventional funds and ETFs) for the first week in three, injecting a net $17.5 billion for the LSEG Lipper fund-flows week ended...