Market Overview

Reader Henrique from Brazil asks “Can you please explain in simple layman's terms why zero or negative interest rates are bad? What should the interest rate be?”Hello Henrique. I am sure...

Global Recession ReturnsIt’s not often I agree with mainstream economic reports, but this is one of those times, at least in terms of current assessment, but not what to do about the...

Judging from Spain, ECB president Mario Draghi is deep in the hole on his target of “close to but not exceeding 2% inflation”.In January, Spain’s CPI was -0.3%. This month, Spanish...

As a result of trade gap and personal spending reports today, the Atlanta Fed GDPNow Estimate for first quarter 2016 declined 0.4 percentage points to 2.1%.The GDPNow model forecast for real GDP...

DOW – 57 = 16,639SPX – 3 = 1948NAS + 8 = 459010 Y + .07 = 1.76OIL – .29 = 32.79GOLD – 10.90 = 1222.80For the week, the Dow Industrials added 1.5%, the S&P 500 gained 2%,...

A positive week for risk assets, we consolidated recent gains and even finished the week higher in most risk assets. Gasoline had a stellar week, and points to a bottom in the Oil Market.Below you...

The global market rebound moderated over the past week. Six of our eight-index world watch list posted gains, but the average of the eight was only 0.47%, a sharp decline from the 4.51% average of the...

The position adjustment among speculators in the currency futures market were minor in the reporting week that ended February 23. There was only one gross adjustment we regard as significant (more...

There is a mismatch in the SPDR S&P 500 ETF (N:SPY) option implied volatility right now. This is going into the U.S. unemployment report coming up this Friday.The out of the money calls, expiring...

After the first hour of trading on Friday, both ES and oil have relinquished their early session gains into new, recovery-high territory, which increases the likelihood that the most recent up-move...

The G20 finance minister and central bank governors' meeting has started. Earlier this week, the IMF called for 'a strong policy response, both national and multilateral' if downside risks...

On the global scene, the G20 meeting in Shanghai started today and will run over the weekend. The meeting will be very interesting in light of the recent market turmoil and the concerns about global...

The financial turmoil and weaker-than-expected data have taken a toll on the growth outlook.However, we do not expect a major growth slowdown in the world's major economies. In our view, the G20...

A calendar of key events in the Commodities Market for the week ahead.To read the entire report Please click on the pdf File Below