Market Overview

US dollar stays on the backfoot even as jobless rate unexpectedly dips in AprilFed rate cut bets still elevated; will inflation data alter anything?US bank stocks rebound but worries persist, debt...

The Fed has trained the trading-rats all too well, and there is no way to avoid the unintended consequences of the Fed's large-scale human behavioral experiment. The Federal Reserve has been running...

The combination of the US bank stress, the approaching debt ceiling, and the Fed's opening the door to a pause in rates weighed on risk sentiment and dragged the greenback lower. KBW Bank indices for...

How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue of the “millions of...

While one regional bank after the next is in turmoil in the US, the Federal Reserve continues to raise interest rates as if nothing had happened. The key interest rate has now risen another 25 basis...

(Friday market open) Despite recession talk, the U.S. labor market continues to flex its muscle, with 253,000 jobs added in April. However, downward revisions to the last two jobs report mean the...

US employment data in focus today, most signs point to a solid reportECB raises rates and strikes hawkish tone, but euro trades lowerCable hits one-year high, gold near new record, Apple (NASDAQ:AAPL)...

Well, the Fed is done raising interest rates. They aren’t quite done tightening yet, because the Federal Reserve is going to continue to shrink its balance sheet slowly. That’s...

The Federal Reserve raised interest rates for a 10th straight time on Wednesday, lifting its target by a 1/4-point to a 5.0%-to-5.25% range, the highest since 2007. But there are hints that the...

Fed hikes by 25bps, but turns data dependentDollar extends slide as investors price in a June pauseECB to hike by 25bps as well, focus could fall on LagardeWall Street and oil prices slide, gold...

Most likely, this was the last Fed hike of this tightening cycle.Even before the press conference, the omission of the key sentence ‘’some additional policy firming may be...

Some economists/analysts argue that the government creates wealth in the private sector via deficit-spending. From an accounting perspective they are right, in that when the government borrows and...

When this bubble bursts, there will be no fourth or fifth bubble, there will only be rubble. The US economy and its financial system operate under the implicit belief that the Federal Reserve...

To preface, I have no right to be right about the markets. All I have are indications that the herds either don’t know about or don’t care about (I know this by relative Twitter...