Market Overview

CurrenciesThe euro (EUR) is on a high of 1.3530 after Fed Chairman, Ben Bernanke, postponed US tapering of asset purchases. There is no hint as to when the US may stop or limit its quantitative...

Financial markets were rocked by the FOMC's decision to keep the pace of asset purchases unchanged at $85b a month overnight. DOW rose 147.21 pts to close at new record high of 15676.94. S&P 500...

The Fed's failure today to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to...

Housing starts inched ahead in August to 891,000 from 881,000 in July (seasonally adjusted annual rate), the US Census Bureau reports. The August number was quite a bit lower than the consensus...

Even though most analysts and economists had predicted that the Federal Reserve would move to reduce its monthly bond buying programme at its latest Federal Open Market Committee meeting, the central...

Note from dshort: I've updated this commentary to include the latest Consumer Price Index data published yesterday. The Consumer Price Index for Urban Consumers (CPI-U, or more generally CPI) is the...

I don’t want to spend a lot of time on the Fed. I do want to shine a light on their lack of forecasting abilities. You have to understand, they are cheerleaders for the US economy, and usually...

More positive news that signals increasing construction activity. The Architectural Billings Index continues to signal increasing economic activity over the next 6-9 months.National...

Chancellor of the exchequer George Osborne has denied that the UK is experiencing a housing boom as a result of the government's policies. He stated that the coalition's actions – such as the...

The Fed's failure, Wednesday, to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree...

Last week, I spoke with Covestor’s Mike Tarsala to give my outlook for the rest of 2013.From Covestor’s Smarter Investing blog:You can always talk your way out of investing,”...

The September 2013 Consumer Price Index for Urban Consumers (CPI-U) released yesterday puts the August year-over-year inflation rate at 1.52%, less than half the 3.90% average since the end of the...

Europe has been calm of late. Former Italian prime minister Silvio Berlusconi is facing house arrest, and it barely makes the news. A year ago, this would have caused a run on the euro and roiled the...

On September 13 of 2012 the Federal Reserve Open Market Committee (FOMC) announced Open Ended Quantitative Easing. The statement/guidance from last year's meeting can be found here.Cliff Notes...