Market Overview

This is not the first time the European economy has rebounded. From 2010 until spring 2011, the eurozone seemed to be back up and running. Buoyed by the United States and China, and supported by...

Fed members decided to leave monetary policy essentially unchanged. The Fed Fund Target remains in the 0.00%-0.25% range it has been since the end of 2008, and the Fed will keep on purchasing USD 85...

Even though the approach of German elections was clearly hindering any decision making, discussions on banking union continued behind the scenes during the Eurogroup and EcoFin meetings in Vilnius...

The outline of the new pension reform has been announced. The contribution period will be longer, contributions will be increased, some savings will be made on pensions and an "arduous working...

■ The Dutch economy is in deep recession. However, possibilities for fiscal stimulus are limited because of the openness of the economy and European demands for budget consolidation.■ The...

Exports rebounded strongly in August, by 6.4% in volume, after a steep decline in the previous month (-4.8%). In particular trade with China was dynamic. The trade data are in line with other signals...

Contrarians take note: The latest issue of Time magazine featured another one of those infamous bull market covers. The bull was displayed rather prominently on the cover under the headline,...

An unintended consequence of not tapering is, we think, that the Fed has become an enabler of more Congressional dysfunction. One of the most distressing elements of the Fed (Federal Reserve)...

In a move that surprised many, the Federal Reserve refrained from tapering stimulus yesterday and precipitated heavy losses in the U.S. dollar. However, the losses were short lived as the U.S. made...

I like the markets and football a lot, which makes me very like millions of others. The Jacksonville Jaguars stink. They are likely to stink all year. Their offense is anemic. I expect them to punt...

At the beginning of each month, we focus on the monthly employment report produced by the Bureau of Labor Statistics (BLS). It is an employment report card – but where should this report card be...

"Every man has a right to his own opinion, but no man has a right to be wrong in his facts." - Bernard BaruchWow! Such disappointment Wednesday after the Fed failed to deliver on the 'promised' taper....

During an interview on CNBC, Warren Buffett strongly endorsed Ben Bernanke to be re-appointed Chairman of the Fed. “When you have a .400 hitter, you do not remove him from the lineup…I...

The Department of Transportation's Federal Highway Commission has released the latest report on Traffic Volume Trends, data through July. Travel on all roads and streets changed by 1.6% (4.2 billion...