Market Overview

Expectations of further Fed rate hikes evaporate after dip in core PCE Stocks rejoice but dollar stays in demand as yen’s comeback bid faltersRBA decision coming up, BoE next on Thursday ahead...

According to the Congressional Budget Office, the U.S. government posted a $225 billion budget deficit for June, up 156% from a year earlier. This means, the first nine months of fiscal 2023 showed a...

This week will feature a ton of economic data that will likely reveal that the job market remains strong and the economy remains robust. Initial jobless claims have consistently decreased in the past...

The macroeconomic narrative shifts from recession to a soft landing.The Bureau of Economic Analysis (BEA) released the quarterly gross domestic product (GDP) data on Thursday. Although subject to...

The problem with bubbles of received wisdom and herd-euphoria is conditions change but the risk of something untoward happening is still perceived as inconsequentially low. All bubbles pop--and not...

USWith inflation steadily cooling, the Fed’s historic tightening campaign appears to be ending. The focus on Wall Street won’t just be inflation but now also economic activity. The...

While Washington continues a seemingly unbridled spending spree under the assumption “more spending” is better, debts and deficits matter. To better understand the impact of debt and...

(Friday market open) Welcome signs of easing U.S. inflation propelled Wall Street to early gains Friday, but the market remains rattled following a policy tweak earlier from the Bank of Japan (BoJ)...

The latest GDP data for the US economy presented a positive surprise, as it increased by 2.4% instead of the expected 1.8%. This suggests that the economy is improving and may not face a recession,...

In the next 10-15 years, the financial markets and economy will be significantly impacted by three major forces: (1) Millennials, (2) Generation Z, and (3) artificial intelligence. These forces could...

In the first half of March, as we plummeted toward the reality that some of the biggest banks in the country were going to collapse, it would seem to be the picture-perfect kick-off to a huge bear...

This morning I joined Ade Nurul Safrina on CNBC “Closing Bell” Indonesia to discuss the Fed’s move yesterday, Emerging Markets, Earnings and Markets Outlook moving forward. Thanks to...

(Thursday market open) Major indexes turned green in premarket trading on Thursday following solid earnings from Meta Platforms Inc (NASDAQ:META) and McDonald’s Corporation (NYSE:MCD),...

The Fed raised interest rates by 0.25%, as expected Fed Chair Powell expressed uncertainty about achieving the 2% inflation target by 2025 Meanwhile, markets fluctuated and closed with uncertainty...