Market Overview

Donald Trump appears to have some sort of fantasy about what America is. I share his pride in this country as it was in the WWII era and maybe beyond, into the 1970s. I am, shall we say mature of age...

Ben Bernanke popularized the wealth effect theory during the financial crisis in 2008. In his words, “higher stock prices will boost consumer wealth and help increase confidence, which can also spur...

Trump announces car tariffs, prepares ground for April 2 deadline US equities suffer; European equities could be under severe pressure Dollar gets a small boost against euro and yen Gold and oil...

The US dollar remains in recovery mode, while EUR/USD saw weakness close to 1.0730 area after the Trump administration announced a 25% tariff on all imported cars and car parts entering the US. As a...

Gold Holds Above $3,000 The gold (XAU/USD) price remained relatively unchanged yesterday. Still, the bullish trend was intact as concerns over US President Donald Trump's new tariffs kept prices...

Given the fear as represented in investor surveys and various sentiment gauges a couple of weeks ago, one would think the recent market drawdown was significant. As a testimony to the concern,...

The Atlanta Fed’s GDPNow economic forecasting tool predicts an imminent recession, which is fueling investor angst. However, the New York and St. Louis Feds’ Nowcast economic forecasts predict...

Gold Rises After Disappointing US Economic Reports The gold (XAU/USD) price rose by 0.25% on Tuesday as the US dollar (USD) weakened. Greenback declined after disappointing consumer confidence and...

Most investors spend their time wondering what might be next for the price of their investments. In contrast, professionals focus on zones for buy and sell action. Pre-planned action is the key to...

New data published on Monday reaffirms that the US economy is still growing, and the odds remain low that a recession has started or is imminent. The rapidly changing state of tariffs could change...

As diplomatic talks between the US, Russia, and Ukraine continue, investors are closely watching for potential opportunities in a reopened Russian market despite the significant risks that remain....

Wall Street rebound fails to catch on as global equities mixed. But the dollar extends gains amid confusion about incoming tariffs. Oil edges higher on Trump’s tariff on Venezuela, gold up...

The graph below, courtesy of Jeff Weniger, shows that since 1990, spikes in the University of Michigan (UM) consumer inflation expectation index to around 5% have preceded inflation declines. As he...

Strong US Data Puts Pressure on Gold The gold (XAU/USD) price dropped by 0.58% against the US dollar (USD) on Monday. The US Dollar Index (DXY) continued to increase after the release of...