Market Overview

This week is marked by non-relevant economic data to report, with the most significant event being the Jackson Hole meeting scheduled for Friday. The speech by Federal Reserve Chairman Jerome Powell...

Fed officials gather for their annual symposium in Jackson Hole, Wyoming, this week. All eyes will be on Fed Chair Powell’s keynote speech in which he will give his latest views on interest...

The 10-year Treasury yielded just 0.62%. Zero-point-six-two!Plop a million bucks into T-Bills, and we were collecting a mere $6,200 per year. Just over $500 per month. On a million! Investment grade...

Dollar trades mixed as Jackson Hole draws closerFed’s Barkin sees reacceleration scenarioEuro falls on PMIs, UK PMIs nextWall Street turns spotlight to Nvidia (NASDAQ:NVDA) earningsFed’s...

With BRICS happening ahead of Jackson Hole, we thought it would be good to look at the technical charts on both the US dollar and the long bonds (NASDAQ:TLT). The chart below shows that BRICS versus...

Dollar pulls back on cautious trading ahead of Jackson Hole10-year Treasury yields extend rally to levels last seen in 2007China’s central bank sets yuan mid-point higher than expectedNvidia...

All the major asset classes fell last week, extending a run of risk-off sentiment of late based on a set of ETF proxies. Investors are struggling to decide if the latest decline is noise or marks the...

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...

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...

DXY reaches key decision point. Decisive breakout above 103.82 provides a new bullish signal. If no breakout, then likely retracement.  We start with the bigger picture monthly chart for the...

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...