Market Overview

After hiking rates by 5.25% since March 2022, the Fed is in a wait-and-see period, commonly deemed a pause. Since the Fed started hiking rates, inflation has declined meaningfully but remains...

Stocks finished flat, with the S&P 500 falling just six bps. Most of the weaknesses yesterday came in the equal-weighted S&P 500, with the RSP ETF falling by almost 85 bps.Meanwhile, we saw...

The central bank doves are forcefully back following a significantly lower-than-expected US JOLTS print, and on the back of a surprisingly dovish comment from an otherwise… hawkish Isabel...

Emini daily chart The S&P 500 Futures gapped down and sold off below last Friday’s low. The market is continuing to go sideways at resistance. Because the market has been in a tight bull...

Gold reverses lower after leaping to record highsDollar recovers, turns to ISM survey for directionStock markets pull back, led by big tech sharesGold loses altitude The world’s oldest...

In the previous meeting, Canada's central bank kept its key interest rate at 5%. The current interest rate is unsustainable for Canadians, and it seems evident that the Bank of Canada will keep the...

US yields rebounded and major indices sold off yesterday as markets have priced in a beyond-reasonable amount of rate cuts from the Federal Reserve (Fed) for next year based on a soft-landing...

US jobs report the next major event Powell hints at less hawkish Fed view JOLTS, ISM and jobless claims eyed The next couple of weeks could be massive for financial markets going into 2024, with a...

The Gold Price Hits a New All-Time HighOn Friday, the gold (XAU) price recorded its largest daily gain in almost two months, surging by 1.73% as market participants considered the latest Jerome...

Investor sentiment continues to rise and is increasingly outperforming its historical average (48.8% vs. 37.5%). November was not only very good for the stock markets but also for the 60/40...

Who are the biggest whales in the bond market?If you go around and ask this question, most people would tell you that’s either the Fed or foreign Central Banks like the Bank of Japan or the...

The Federal Reserve (Fed) President Jerome Powell pushed back against the rate cut bets at his speech given in Atlanta last Friday. He is of course playing the card of ‘high for long’...

Investors looking to US NFPs for confirmation of their Fed rate cut betsRBA could still signal that higher rates are possibleBut BoC may confirm that interest rates have peaked in CanadaJapan’s...

I previously discussed a slate of recessionary indicators with high correlations to recessionary onsets. However, as we head into 2024, many Wall Street economists predict a “soft landing”...