Market Overview

Markets in a stalemate, waiting for Jackson Hole clarity All eyes on bond yields - will Powell disturb the waters? Dollar and gold stable, China rate cut fails to impress Quiet before the Fed storm? A...

The stock market is cyclical and corrections are normal The best way to avoid getting caught up in short-term volatility is to focus on the long term Corrections can be scary, but they are also an...

There's fanciful confidence afoot that central banks will once again coordinate a global "save" as markets careen out of control. They won't. There are many reasons for this: 1. There is no incentive...

USThe main event for next week will be the Kansas City Fed’s Jackson Hole Symposium. Fed Chair Powell’s speech will reiterate that more rate hikes might be needed and that rates should...

Since the beginning of 2022, the media has regularly warned a recession is coming. As we suggested previously, if a recession DID occur, it would be the most well-forecasted recession ever on...

Stocks extend slump as China fears intensify, yields scale fresh highsDollar on a winning streak as Wall Street heads for third weekly loss Markets eye more China rate cuts and Jackson Hole for Fed...

Walmart CEO is more optimistic about spending patterns than he did 3 months ago The US dollar’s five-day rally halted as the Yen and Yuan rebound Fed could remain in hiking mode if economic...

We don’t know (if that’s it), but in our July 27 note, we put out the following warning: In this week's AAII Sentiment Survey result, Bullish Percent(Video Explanation) dropped to 44.9%...

Yields approach new cycle highs, boosting US dollar Gold and stock markets absorb collateral damageYen meltdown continues; how likely is intervention? Bond rout spills overThe havoc in bond markets...

Fed officials at the June 26th meeting saw significant upside risks A couple of officials wanted to keep rates on hold Before the Minutes release the yen fell to levels that triggered intervention...

Is China's crackdown on economic news sufficient for another Big Short? Immortalized by Christian Bale in The Big Short, Dr. Michael Burry is stirring ‘animal spirits’ in the stock market...

The Fed’s next rate move and its higher-for-longer policy mantra are predicated on high and sticky inflation. Inflation has fallen nicely from its peak but not enough to sway the Fed to...

Markets in volatile mood as China, yields, and liquidity worries combineDollar bounces back after stellar US retail sales, gold drifts lowerBritish pound gains after hot inflation report, FOMC minutes...

Gold lower as predicted to my next target and only support of note this week at 1900/1895 (& we made a low for the day exactly here yesterday). I am betting on a bounce from here in severely...