Market Overview

Cash led the performance race in August for the major asset classes, based on a set of proxy ETFs. In fact, most markets posted losses last month. The handful of winners, in addition to cash: a broad...

After a barrage of US data hurt the dollar this week, with investors having second thoughts as to whether another Fed hike may be needed, the US agenda will become lighter next week with the spotlight...

Dollar and stocks drift sideways as August payrolls awaited for directionAsian equities outperform after China boosts support but aussie fails to catch fireOil extends rebound amid tightening market,...

Powell’s recent Jackson Hole Summit speech was mainly as expected. Well, except for the part where Powell obfuscated the truth behind the surge in inflation. More telling was the...

In our July 27, 2023, weekly note and podcast/videocast, we talked about a 3-5% pullback in the month of August. We also said we expected these dips would be BOUGHT due to the fact that most...

The fundamentals and technicals continue to support the case for a demographically driven secular bull market in stocks that could last until 2034. One of the best ways to test the base case is to...

Dollar slumps again amid more signs of US slowdown, core PCE nextEuro see-saws after mixed CPI numbers Stocks extend rally on fading Fed hike expectations, China stimulusDollar pummelled as soft US...

We’ve noted in previous commentaries how well the US$ gold price has held up given the rise in real US interest rates as indicated by the United States 10-Year TIPS Treasury Inflation Protected...

More US data on this week’s agendaAs investors are trying to figure out how the Fed’s plans may evolve in the coming months, they may pay extra attention to today’s ADP employment...

Conference Board Economic Forecast: Looking into 2024, we expect the volatility that dominated the US economy over the pandemic period to diminish. In the second half of 2024, we forecast that overall...

JOLTS job openings slip to 8.827m (9.465m expected, 9.165m previously) Consumer confidence also falls but the survey is volatile Is last week’s breakout stalling? As we near the end of the...

As we all know, shelter inflation is very important to the overall rise in the cost of living. Recently, concern about the acceleration in shelter inflation that happened between 2021 and 2023 has...

The most important release this week is Friday's US non-farm payrolls report.In this video, I talk about how a strong or weak jobs report affects stocks & forex

EURUSD Strong resistance at 1.0830/40 & 1.0880/1.0900.GBPUSD strong resistance at 1.2680/1.2700 today - shorts need stops above 1.2720. NZDCAD resistance at 8080/8100 & shorts need stops above...