Market Overview Analysis & Opinion

The bungee jumper doesn’t just bounce once.Stated in a more high-falutin’ way, perturbed systems normally don’t converge straight back to equilibrium. Obviously, the 2020-2021...

The recession that was widely predicted when the year began has only been postponed, some forecasters warn. The US is likely to contract at some point in the new year, runs the updated outlook. Maybe,...

Yesterday was a fairly uneventful day, with the S&P 500 falling roughly 20 bps. Meanwhile, the 2-year auction at 11:30 AM was fairly ugly, with the new issue tailing one bps, while indirect...

The 2023 holiday season is officially upon us, and already, records are being shattered. Black Friday deal-hunters in the U.S. shelled out $9.8 billion online, a 7.5% over last year, according to...

Volatility, gauged by the Vix indicator, has seen a remarkable 41% decrease in the past four weeks, marking its ninth most significant drop within this historical timeframe. Meanwhile, managers are...

The Mastercard SpendingPulse data noted that black Friday shopping increased by 2.5% y/y, down sharply from a 12% y/y increase in 2022. When we think about this, adjusted for inflation, that would...

TUE: EZ M3 (Oct), US Richmond Fed (Nov). WED: RBNZ Policy Announcement; German Prelim. CPI (Nov), UK Mortgage Approvals/Lending (Oct), EZ Economic Sentiment (Nov), US GDP 2nd (Q3). THU: Chinese NBS...

US: Closely following the ISM manufacturing index for any signs of a rebound Eurozone: Core inflation to continue improving to 4% Poland: We forecast a further decline in core inflation Hungary:...

Forget inflation predictably floating around 1.5% as in the last decade.Does this mean this paradigm shift will see inflation consistently print at 4% going forward? Not necessarily. But it sure means...

The chancellor is poised to get extra wiggle room "Headroom" is higher, but still limited Medium-term spending plans look challenging Modest tax cuts possible, but it wouldn't move the needle much for...

It's the end of the week, so time to catch up on some of the major themes in focus:Why US and UK inflation has fallen, how markets reacted, and why Morgan Stanely and Goldman Sachs (NYSE:GS) disagree...

EUAs fall on demand pressures Front loading of allowances doesn’t help Shipping falls under ETS from 2024 CBAM reporting gets underway EUA Dec-23 price (EUR/t)EUAs fall on demand pressuresIn...

Democrats should start worrying about the level of debt and the increasing deficit. I previously discussed this issue when President Obama held the White House, when Marshall Auerback, via the Nation,...

US economic activity in the fourth quarter remains set for a sharp slowdown vs. Q3, but the pace of expected growth has strengthened recently, based on updated nowcasts.Output for Q4 is estimated at...