Market Overview

After three straight weekly declines, the Global Market Index (GMI) rebounded for the trading week through Friday, Aug. 25. This unmanaged benchmark holds all the major asset classes (except cash) in...

Rate hike odds edge up after Powell and Lagarde signal inflation fight not overBut dollar steady as yields barely budge, Wall Street closes higherChina announces more stimulus, stocks jump before...

Powell's recent statements raised the chance of a September rate hike to 20%, with November at over 50%. Bond market faces uncertainty due to the Fed's ambiguity-based policy and bond vigilantes'...

The Fed's Jackson Hole speech was largely uneventful last week Tech sector could face headwinds, and gold and silver could rally Meanwhile, the Chinese economy is starting to show signs of...

USNow that we heard from Fed Chair Powell at the Kansas City Fed’s Jackson Hole Symposium, the focus shifts back to the data. This week is filled with data that will outline how quickly the...

Is Prop Trading LEGAL? Explained by Pro Day Trader Boris SchlossbergDiscover the truth about prop trading: Is it 100% legal in 2023?

Fitch’s recent downgrade of the U.S. debt rating alarmed investors as the deficit and debt steadily increased. The downgrade sent 10-year Treasury bond yields above 4%, causing concern about...

Traders play defense ahead of Powell’s speech at Jackson HoleDollar benefits from risk aversion as stocks reverse lower Euro extends losses, Lagarde unlikely to offer helping handMarkets nervous...

Data uncertainty through Sept 20 rate decision makes a call on Fed hard Spot gold could tumble to $1,850 if the dollar Index breaches 105.60 On flip side, bullion could peak at $1,958 if DX goes below...

With Jay Powell set to release an annual statement around the 2023 Jackson Hole Economic Symposium today, you have to sit back and think that a US economy with a 3.5% – 3.6% unemployment rate, a...

Atlanta Fed’s GDP estimate sees real Q3 GDP growth of 5.9%, up from last week’s 5.8% Fed Chair Powell’s Jackson Hole Speech is scheduled for tomorrow at 10:05 a.m. EST Fed’s...

I have three items to discuss in this week’s post.The first item is an announcement made by the BLS on Tuesday regarding upcoming changes to how the CPI for Health Insurance will be...

Now that we’ve had the 5% pullback we anticipated in recent weeks, many pundits are once again prognosticating the “beginning of the end.” When you dig under the surface however,...

Global bond yields plummet after disappointing business surveysGold and stocks capitalize, Nvidia (NASDAQ:NVDA) earnings add fuel to Nasdaq rallyMajor FX pairs swing violently, Japanese yen comes out...