Market Overview

The PCE price index increased by 0.4% vs. an estimated 0.5% monthly. Likewise, the core PCE price index increased by 0.1% vs. an estimated 0.2%.The Fed’s decision to maintain the interest rate...

USThis will be a busy week in the US with a looming government shutdown, an expanding UAW strike, a lot of Fed speak, and an NFP report that could show hiring fell to the lowest levels since early...

US dollar eases from highs as bond yield rally pauses for breathStocks headed for worst quarter in a year but techs lead reboundEurozone and US inflation data in focus Fed speakers help take steam off...

The Fed’s “soft landing” hopes are likely overly optimistic. Such was the context of our recent report, which discussed the long record of the Fed’s economic growth...

On Thursday, the South African rand (ZAR) was the best-performing currency among the 20 global currencies we track, while the Turkish lira (TRY) showed the weakest results. The Australian dollar was...

Greenback to take a breather after 8-weeks long rally; direction remains bullish Similarly, oil could retest $90 Fed actions, bond market shifts, and speculative positions to tell the market direction...

On Wednesday, the Turkish lira (TRY) was the best-performing currency among the 20 global currencies we track, while the Brazilian real (BRL) showed the weakest results. The US dollar was the leader...

Dollar extends gains on ‘higher for longer’ narrativeDollar/yen nears 150 zone, risk of intervention risesOil skyrockets as US inventories tumbleWall street closes mixed despite rally in...

SPX Monitoring purposes; Short SPX on 9/1/23 at 4515.77; cover short 9/5/23 at 4496.83 = gain .43%.Gain since 12/20/22=15.93%. Monitoring purposes GOLD: Long GDX (NYSE:GDX) on 10/9/20 at 40.78. The...

One thing I’ve stopped worrying very much about is a government shutdown. It could even be a good thing, given the bloated deficit, except for the fact that the government basically keeps...

In 60 seconds, US Government Shutdown?How Does it Impact Stocks, Dollar and Gold?

Earlier this month I wrote that there was still room for debating if a broad-based risk-off signal was brewing. Three weeks later, the space is narrowing for keeping an open mind, based on several...

Current selloff in stocks is absolutely normal and expected Despite the declines and investors' overreactions to it, we are still in the green for the year Short-term pain is a key part of the journey...

On Tuesday, the US dollar was the best-performing currency among the 20 global currencies we track, while the Russian rouble (RUB) showed the weakest results. The Chinese yuan was the leader among...