Market Overview

Economic growth continues to defy expectations of a slowdown and recession due to continued increases in deficit spending.The U.S. Treasury recently reported the December budget deficit, which shows...

Next week’s official release of US GDP data for the fourth quarter remains on track to post a moderate increase, based on a median estimate for a set of nowcasts compiled by...

Apple and semiconductors push Nasdaq 100 to new record high But Fed repricing limits gains outside of tech as yields edge upDollar holds firm, pound slips on data, yen propped up by verbal...

Gold Attracts Safe-Haven Flows as Tensions in the Middle East EscalateOn Thursday, the gold (XAU) price rose by 0.85% due to the growing demand for safe-haven assets as the conflict in the Middle East...

Forget about the Federal Reserve's (Fed) dovish expectations that should be dialed back because the American economy is too strong to require a rate cut as early as March from the Fed. Forget that...

The stock market finished higher yesterday. It was an entertaining day, especially if you understood the background of the sudden and “unexpected” rally, especially heading into OPEX...

I am a risk manager, both literally and figuratively. Literally, since whether it is with our own funds and strategies or allocations for individual investor clients, or with my trading book back when...

On Tuesday, I joined the MoneyShow “Virtual Accredited Investor Conference” to present “Turnaround Tom’s Top Picks and Outlook for 2024.” Thanks to Mike Larson, Debbie...

Gold Dropped Sharply After the US Retail Sales Report Was ReleasedThe gold (XAU) price hit a 1-month low on Wednesday after strong economic data that boosted the US dollar and Treasury yields,...

Investors continue to come back to their senses and the latter involves trimming the interest rate cut expectations that went ahead of themselves over the past few months. Yesterday, the Federal...

The sharp drop in the New York Federal Reserve’s Empire State business-conditions index in January triggered a wave of warnings.Soon after this monthly survey data was released yesterday (Jan....

Waller says Fed is in no rush to cut ratesMarch cut probability slips and dollar gainsPound rebounds after hotter-than-expected UK CPI dataYen and euro extend losses, Wall Street also slipsTraders...

Appreciating Apollo’s graph below, comparing recent inflation to multiple bouts of inflation of the late 1960s, 70s, and early 80s is of utmost importance for investors.Sustained levels of high...

The USD is trading higher, about we have been warning for the whole of January as we saw the market coming higher into a corrective phase (click here). Also, this view was then supported by strong NFP...