Market Overview

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...

Gold Continues to Fall After a Temporary PauseGold (XAU) fell below the 1,970 level on Tuesday, remaining under pressure from a rising US Dollar Index (DXY). On Tuesday, a group of Federal Reserve...

Portuguese markets were hit yesterday by the resignation of the country’s PM following an investigation into possible crimes of corruption involving lithium and hydrogen projects. The Portuguese...

The third-quarter GDP report surprised most economists with a blow-out 4.9% gain. Is a downside reversal brewing for Q4?Early estimates for the final months of 2023 point to a substantially softer...

Dollar regains some lost ground as US yields bounce back Gold and oil edge lower - geopolitical risks getting priced out? Aussie sinks despite RBA rate increase, Fed speakers aheadDollar back in the...

Gold Prices Dip as Dollar Strengthens and Safe-Saven Demand WanesGold (XAU) price dropped by 0.73% on Monday amid a strengthening dollar and a decline in demand for safe-haven assets. The Dollar Index...

The US bond yields rebounded, and the equity rally slowed on Monday. The US 10-year rebound from last Friday's low, and the S&P 500 consolidate gains near three-week highs. There are divergent...

A historical pattern suggests that years following negative performances in August, September, and October often see strong November and December gains in the stock market. But, Geopolitical turmoil...

Dollar pummeled after disappointing US employment data Stock markets rally, but gold fails to capitalize on falling yieldsAustralian interest rate decision and Chinese trade data nextDollar hammered...