Market Overview

Blowback has its own dynamics, as we'll learn in the decade ahead. One of the most durable expectations in the financial sphere is that inflation will drop sharply in a recession, and the Federal...

EIA Report: Inventories fall by 12.46 million barrels vs 932K expected build Gold struggles as sticky inflation could support Fed skip Global crypto market cap falls to $1.1 trillion OilOil is...

FOMC Minutes: Officials split on whether more rate hikes are needed to fight inflation Republicans are holding the line of significant spending cuts T-bill yields surge to 7% US stocks are declining...

The Fed seriously erred in 2021, focusing too much on supply and not enough on demand. The Fed can slow velocity but requires job losses and/or eroding consumer confidence. Forecasting the money...

(Wednesday market open) Investors seeking distraction from the ticking debt ceiling countdown clock get some this afternoon in the form of Federal Reserve meeting minutes and Nvidia (NASDAQ:NVDA)...

Rarely in the history of US economic analysis have recession forecasts been plentiful and widely embraced. All the more extraordinary is the ongoing resilience of the economy that defies the gloomy...

Stocks have made a sharp reversal recently, with SP500 falling back to 4150, so it appears it was failure break higher after to overcrowded trade when everyone expected 4200 to be major breakout...

It’s been a tough start to the trading day, with UK inflation data sending worrying signals while the RBNZ seemed to declare job done in its inflation battle.Bitterly disappointing inflation...

Inflation peaked in June 2022. The one-month increase was 1.2 percent, and that followed a 0.9 percent rise in May. Those numbers will roll out of the annual calculation with the June and July...

API inventory data posts a 6.799 million barrel drop vs. 0.525 million expected to build, Cushing rises 1.71 million Gold steadies as the dollar rally extends Bitcoin streak of monthly gains is in...

The US is dangerously close to triggering its debt ceiling limit, yet markets seem very relaxed.The 2011 episode shows us how political incentive schemes can instead drag negotiations until the very...

(Tuesday market open) Despite lack of progress on the debt ceiling, Wall Street continues to behave as if a deal is likely to happen. Major indexes dropped slightly early Tuesday, but volatility...

Federal Reserve Chairman Jerome Powell on Friday spoke the words that investors have longed to hear: the rate-hiking cycle is ending. Except that maybe it isn’t.Speaking at a conference last...

Biden-McCarthy talks end with no deal but both sides remain hopefulStocks subdued but dollar edges up as Fed rhetoric stays on the hawkish sideEuro slips as mixed PMIs unable to lend much supportNo...