Market Overview

As portfolio managers, this is the question we ask ourselves daily. Since the lows of last October, the technical backdrop has improved markedly, as we discussed last week: “Our most critical...

Fighting high inflation is tough enough, but the Federal Reserve’s been trying to tame pricing pressure when the economy is showing signs of weakening, at least in some corners. That’s a...

ECB delivers what it promised but abandons forward guidance, euro climbsUS banks pour $30 billion into troubled First Republic in rescue dealStocks rise in relief rally, yields make unconvincing...

The Federal Reserve holds its highly anticipated March FOMC policy meeting next week against an increasingly uncertain economic backdrop. The U.S. central bank is widely expected to raise interest...

Market pressures on U.S. banks are now spreading to Europe, where the already troubled Credit Suisse (NYSE:CS) asked the Swiss government for help and got a liquidity boost.Investors are asking the...

Markets continue to roil from the second and third largest U.S. bank busts in history – Silicon Valley Bank (SVB) and NY Signature Bank (NASDAQ:SBNY).SVB was the 16th largest bank in the U.S....

The Fed and U.S. Treasury have made to decision to back-stop depositors at U.S. banks – a liability that could potentially hit $2 trillion. More interestingly, there must be a considerable...

Emini daily chart The S&P 500 Futures reversed up from a bad Low 1 short yesterday and formed a bull reversal bar closing on its high. So Emini downside probably limited over next 2 days. The...

Traders focused most of the day on various signals that would gauge the level of fundraising concerns in private and public markets. That follows wild moves in borrowing costs during the last few...

It’s been another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us.Fear has once again gripped the markets, concerned about a repeat of...

The dollar and the yen Wednesday’s main gainersFranc and euro lose the most ground on Credit Suisse falloutECB decides on interest rates, with investors split on hike sizeWall Street pares...

As global banks raced out to hedge counterparty risk, inverting Credit Suisse Group (NYSE:CS) CDS, multiple versions of alarming visuals, Credit Insurance, or one year CDS spreads graphics, were a...

While headlines of bank failures and bailouts consume the media, few are contemplating the economic and financial aftershocks that will follow.Hockey great Wayne Gretzky famously commented, “I...

Traders of futures linked to the Federal Reserve’s policy rate have trimmed their expectations of a quarter-percentage point rate hike at the upcoming policy meeting, likely due to a recent...