Market Overview

Is there a chance the NASDAQ Composite will hit a new all-time high in the coming months? Markets appear to have abandoned the assumption that the Fed may raise interest rates yet, while the...

U.S. jobs growth stayed on a simmer in August as nonfarm payrolls grew 187,000, the U.S. Department of Labor reported Friday. The unemployment rate jumped and the government downwardly revised job...

USThe month started with a bang with the US jobs report but the following week is looking a little more subdued, starting with the bank holiday on Monday. Economic data is largely made up of revisions...

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,...

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...

Nothing lasts forever, as any student of the business cycle knows. But recognizing that the economy is dynamic, and constantly shape-shifting, doesn’t make it any easier to spot trend changes in...

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...