Market Overview

Fed chief Powell says ‘won’t hesitate’ to tighten furtherDollar extends recovery as US yields rise, pushing equities downGold gains despite unfavorable setup - central bank...

The Chicago Fed National Activity Index (CFNAI) is arguably one of the most important and overlooked economic indicators. Each month, economists, the media, and investors pour over various mainstream...

Gold On Track for the Second Weekly Loss Following Hawkish Statements by Fed's PowellGold steadied near 1,960 USD per ounce on Thursday, poised for its second consecutive weekly drop, influenced by a...

Bad. Yesterday’s 30-year treasury auction in the US was bad. And this time, the bad auction got the anticipated reaction. The US Treasuries saw a sharp selloff - especially in the 20-year and...

So far this year, companies have planned 604,514 job cuts, a 198% increase from the 209,495 cuts announced through September 2022. It is the highest January-September total since 2020 when 2,082,262...

It’s time to go to the mailbox again for questions about a central bank digital currency—a digital dollar issued by the Fed here in the U.S. This is a bit of an obscure topic, but it seems...

The Marshmallow Test was designed to assess children's self-control and ability to delay gratification But that is a test today's investors have failed miserably, with short-term returns favored over...

Dollar extends recovery above 151-yen levelBut long-dated Treasury yields slip furtherChina’s woes dent sentiment in AsiaOil and gold extend their slidesDollar stands tall even as long-dated...

Stocks had a boring day; I think the last three days add to the idea that last week’s rally was driven by options market positioning, and the declining market breadth supports that idea even...

US bond traders are getting ahead of themselves, and it’s about to become a serious problem for the Federal Reserve’s (Fed) ‘last mile’ efforts – as the Fed officials...

Regional banks closed lower after a privately held regional bank in Iowa was closed by the Iowa Division of Banking. Bad loans to the beleaguered trucking industry appear to be the culprit behind the...

It’s important, I think, that I occasionally remind readers of a fact that is supported by overwhelming quantitative evidence, and yet virtually ignored by a wide majority of economists (and...

Oil and products continue to get hit on the perception that the Chinese economy has hit a brick wall, raising the risk of a global recession. Talk also that players in the Middle East are distancing...

The red-hot economic growth in the third quarter remains on track to decelerate sharply in the final three months of the year, based on the median nowcast via a set of estimates compiled by...