Market Overview

Gold reaches a new all-time high as markets reassess rate cut expectations after evaluating resilient US data. The Jackson Hole Symposium will be a key event next week, with central bankers...

A recent article co-authored by Stephen Miran and Dr. Nouriel Roubini, aka Dr. Doom, accuses the U.S. Treasury Department of using its debt-issuance powers to manipulate financial conditions. They...

Background industry numbers indicate that consumer resilience should continue to shrug off fears of a broader economic slowdown in H2. With rate cuts on the way, the outlook might be looking...

The US dollar is weaker against all the G10 currencies today. The New Zealand dollar is the strongest, which might fit into the narrative that the carry trades are making a comeback, but the yen and...

A lot can happen over the course of a week when it comes to the crowd’s fickle sentiment du jour on matters of recession. At this time a week ago the headlines warned that a contraction, if it hadn’t...

I was recently asked about the seemingly strong “economic growth” rate as the Federal Reserve prepares to start cutting rates. “If economic growth is so strong, as noted by the recent GDP report,...

Stocks kept rising because retail sales and jobless claims data were better than expected. This is the second week in a row that stocks have jumped after a good jobless claims report. I’m not sure if...

Last week, I wrote an article entitled “Reasons For A Crash.” And, I will let you in on a little secret – I actually wrote that title as a test. You see, I assumed that the great majority of those...

The US inflation report was in line with expectations, showing a 0.1 percentage point slowdown in July to 2.9% y/y for the headline measure and 3.2% y/y for the core measure, which excludes food and...

Gold prices rebounded after a post-CPI selloff, aided by a struggling US Dollar Index. A sustained move above $2500/oz for gold may require an additional catalyst, like geopolitical risks. The DXY...

US inflation eases further in July but market reaction is muted Wall Street unimpressed, dollar mixed Yen and pound supported by upbeat GDP data US CPI Does Little for 50-bps Cut Hopes The steady...

Gold Drops on Decreasing Chances of 50-Bps Fed Rate Cut Gold (XAU) fell by 0.7% on Wednesday as the chances of a 50-basis-point rate cut in September by the Federal Reserve (Fed) decreased following...

Stocks were mostly flat to slightly up yesterday, with the S&P 500 getting a boost in the last 10 minutes due to a big closing imbalance. Other than that, it was a pretty quiet day. The CPI...

It's been two weeks since I left, and in that time, the markets plunged into chaos. Now that I'm back, things have finally returned to calm waters. Quick Thoughts on the August Meltdown The fact that...