Market Overview

US inflation surprisingly undershot pretty much everyone's expectations in March, but higher prices from tariffs and supply chain disruptions are on their way. After all the volatility and...

The sharp declines in U.S. equity indexes over the past week were unsettling, but far from unprecedented. Historically, similar sell-offs have occurred at least 14 other times in the past century...

Before we get started on today’s CPI, let me add a few wise words from an old market observer: The stock market is not the economy. The stock market is the (private real economy) times (price per...

The official first-quarter GDP report from the government that’s scheduled for Apr. 30 is expected to post a sharp slowdown in growth, based on the median estimate from several sources compiled by...

Lately, markets have been anything but calm. If you’ve been watching the Dow Jones swing over 1,000 points in a single session, you’re not alone. These massive intraday moves are becoming more common...

GBP/USD Rises After Trump’s U-Turn and Ahead of US CPI GBP/USD is rising for a third straight day as the US dollar weakened amid rank trade confusion surrounding U.S. trade policy President Trump...

Trump announces 90-day tariff pause on many nations However, he increases duties on Chinese imports Wall Street skyrockets, Nasdaq rallies more than 12% US CPI inflation in focus as recession fears...

After US President Donald Trump announced major increases in customs duties on goods imported from around the world on Thursday, it became a matter of curiosity which countries would be affected and...

These headwinds will persist for the next decade or two. The stock market is rallying hard after a brutal sell-off--not an uncommon occurrence. As we savor our winnings in the ship's first-class...

In the functional world of the century-long flat Case-Shiller chart, families spent a stable portion of their incomes on rent and home prices reflected a stable premium on rents. Rents on existing...

Well… I had planned to put this note out earlier in the week but was too busy —and as you probably saw, one of these upside risks has already in-part played out with markets responding in spectacular...

Trump’s tariff U-turn sparks huge risk rally. USD/JPY stuck in a volatile range with bearish bias. GBP/USD tight but watch for breakout setups. Silver prints key bullish reversal higher—$31 a key...

US Futures Dow futures 0.30% at 37760 S&P futures 0.8% at 5022 Nasdaq futures 1.3% at 17341 In Europe FTSE -2.3% at 7709 Dax -2.3% at 19740 Volatility is elevated as Trump’s trade tariffs take...

The Dow Jones soared more than 2,500 points, while the Nasdaq soared 1,500 points and the S&P 500 rose 400 points. U.S. markets recovered a chunk of their losses over the past week on Wednesday...