Market Overview

The US money-supply data for March-2023, which were published on Tuesday of this week, reveal that the monetary inflation rate has continued its ‘swan dive.’ As illustrated below, the...

This week will be extremely busy as we have an FOMC decision, the nonfarm payroll report, peak earnings season, all while Wall Street keeps an eye on the banking industry to see if any news stresses...

May will feature likely rate hikes by the Federal Reserve, the European Central Bank, and the Bank of England. The banking stress that erupted in March appears contained, though one regional bank's...

First Quarter GDP increased at only a 1.1% seasonally adjusted annual rate. That was down from 2.6% in Q4 of last year, which was down from 3.2% during Q3. Despite the clear slowdown in economic...

May is expected to be another volatile month on Wall Street. Investor focus will be on the Federal Reserve’s policy meeting, the monthly jobs report, inflation data, more earnings, and the U.S....

Recently, US House Speaker McCarthy tweeted this: And although it sounds like common sense, it’s dead wrong. The government doesn’t need money to spend money. The government creates money...

The US economy expanded at a much slower rate than expected in the first quarter, a prelude to recession, according to some forecasters. It would be naïve to rule out the possibility in the...

BoJ tweaks guidance but long review dampens bets of near-term policy overhaulYen tumbles, adding to dollar’s upside after core PCE deflator accelerates in Q1Strong earnings lift Wall Street...

Conviction (kan-vik-shan): noun, a strong persuasion or belief; the state of being convinced.In life, there are things that we should be convicted and committed to. For example, the love for our...

Jordan Roy-Byrne, Founder and Editor of The Daily Gold, joins us to review a number of historical references during inflationary periods where the Fed has shifted from rate hikes to rate cuts in just...

So, I suppose the good news is that policymakers have stopped pretending that prices will go back down to the pre-pandemic levels. My friend Andy Fately (@fx_poet) in his daily note today called to...

(Wednesday market open) When it’s earnings season, the trading day seldom ends with the closing bell.If you shut down your screens at 4 p.m. ET yesterday, you might have felt gloomy after the...

The US Treasury reached the debt ceiling in January Biden administration needs to find a resolution before August 18th to avoid a potential crisis As this unfolds, US debt ceiling resolution will be...

VIX has become obsolete, and institutional investors agree. The increasing use of 0DTE options has affected its ability to accurately reflect market volatility. So, the CBOE has launched the VIX1D as...