Market Overview Analysis & Opinion

By Padhraic GarveyWe are a bit surprised the market has not moved more on the Fed’s firm preference for a holding pattern on rates. Bottom line we see pressure for yields to edge higher on a...

Part One of this series led with a graph implying that we are embarking on an inflation rollercoaster for the next ten years, similar to the experience of 1965 to 1982.Parts One and Two explained the...

Throughout 2023’s second half, financial publications Fisher Investments UK reviews touted cooling European and US inflation (broadly rising prices across the economy). Yet price levels for many...

Will last week’s news of substantially stronger-than-expected growth for US economic output in 2023’s fourth quarter extend into this year’s Q1?It’s too soon to make...

Amidst the swirling currents of financial markets, consensus often steers towards a singular expectation. Currently, the prevalent sentiment is leaning towards the anticipation of rate cuts by the...

The Federal Reserve is all but certain to leave rates unchanged at its January FOMC meeting. Fed Chair Powell could strike a more hawkish tone than expected in the post-meeting press conference. As...

US markets ended a positive week with a largely forgettable session which was held back by a disappointing update from Intel (NASDAQ:INTC).The company missed estimates on its revenue forecast by some...

This week is huge: revisions to 2023 CPI, US labor market print, the Fed, and, most importantly, the Quarterly Refunding Announcement (QRA) everyone talks about.So I thought I’d share an initial...

Week Ahead 29th January - 2nd February 2024SUN: New Zealand Trade Balance MON: Japanese Unemployment (Dec) TUE: Israel Municipal Elections; Spanish Flash CPI (Jan), Swiss KOF (Jan), German Flash GDP...

In this Friday's Market Wrap, Chief Market Analyst, Adam Harris covers the 5 major market-related events from this last week, including: The Fed's rate cut plans,U.S. Initial jobless claimsThe...

The BoE seems more reticent than other central banks to endorse rate cuts Expect the Bank to drop its tightening bias Markets seem more sensitive to dovish nuances of late Four scenarios for the Bank...

US: Federal Reserve expected to keep the Fed funds target range unchanged at 5.25-5.50% UK: Bank of England to drop tightening bias but remain cautious on rate cuts Hungary: NBH cuts rates by 100bp...

The only thing that was genuinely surprising in yesterday’s fourth-quarter report on US economic activity was the strength of the increase.The positive directional bias, by contrast, has been...

As money market account balances soar, the mainstream media again proclaims, “There is $6 trillion of cash on the sidelines just waiting to come into the market.”No? Well, here it is...