Market Overview

What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third quarter GDP. A key driver of Q3’s advance: higher...

From this yesterday's gross domestic product (GDP) release, we learned defense spending grew 15% annualized, the fastest since 2003. Quarters immediately following double-digit gains are often much...

Gold Continues to Renew Historical Highs Yesterday, gold (XAU/USD) reached an all-time high of $2,790 before pulling back slightly towards $2,775. XAU/USD then returned to its previous maximum and...

The U.S. GDP rose 2.8% in Q3. Economic growth was sparked by a spike in consumer spending. Will it impact the Fed's decision on interest rates? The PCE for the quarter rose just 1.5%, while...

In terms of breadth, yesterday was a fairly-balanced down day, with about 270 stocks down in the S&P 500 and around 230 higher. The index has traded chiefly sideways since it broke the smaller,...

European and US markets nosedived yesterday on the back of ‘good news is bad news’ - and the futures hint at a bearish start to Thursday’s session. First, Spain, France, and Germany revealed...

Gold broke above $2,760 on Indian demand and potential Fed rate cuts, while eyeing targets up to $2,790 before economic data impacts the market. The euro recovered against the dollar on weak US...

The S&P 500 index experienced a minor increase of 0.16% in the latest trading session, though it lost momentum by the end of the day. The index currently stands at 5832, and the path toward 6000...

Driverless vehicles are no longer science fiction. The race to dominate the emerging Robotaxi market is heating up as companies push to be the first to hit the roads. Arriving in a sleek, silver...

Ahead of the Federal Reserve’s interest rate cut in September by 50 basis points, to a new 4.75% – 5% range, the stock market experienced volatility. This was to be expected, as it is embedded into...

Investors are increasingly adjusting portfolios for climate change, though many haven't yet acted. Ignoring climate risks might lead to missed opportunities and affected medium-to-long-term...

The backup in Treasury yields may be a warning sign that the odds are slipping that the Federal Reserve will cut interest rates again at the next policy meeting on Nov. 7. The policy-sensitive 2-year...

Secular inflationary bear markets are the worst ones due to the extended periods of poor performance in real terms. The 60/40 portfolio performed worse in 1965-1982 than during 1929-1942 and...

Gold (XAU/USD) continued to rise after a minor correction last week, and the pair may now increase toward historical highs. The price has approached the resistance level at $2,760. Two factors...