Market Overview

(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...

Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the spotlight...

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...

(Thursday market open) Regional banks, along with the rest of the market, are back under pressure this morning after the latest Federal Reserve rate hike. Shares of PacWest Bancorp (NASDAQ:PACW),...

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...

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...

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...

(Wednesday market open) For the second straight meeting, the Federal Open Market Committee (FOMC) arrives at an interest rate decision today just as the market gets jittery over small banks.Regional...

The Federal Reserve will announce its latest interest rate decision later today and investors will be hanging on their every word in light of recent banking sector instability.Today was always likely...

US debt default and banking sector concerns hurt the dollarFed to hike, focus to fall on forward guidanceWall Street in defensive mode ahead of FedDollar slides on debt ceiling and banking sector...

Make no mistake about it; this week's Fed meeting is the primary focal point for market participants. And from my seat, the outcome and/or the "tone" of Jay Powell's press conference is likely to...

(Tuesday market open) Cue up the Jeopardy theme music as the entire market waits for tomorrow’s Federal Open Market Committee (FOMC) rate decision.Beyond that, there’s new urgency around...