Market Overview Analysis & Opinion

The April update on US consumer inflation was widely reported as delivering another round of encouraging news. But a closer look at a broader set of inflation metrics suggests that further progress on...

What if I told you that future returns could approach zero? Such seems hard to believe, considering young investors piling back into the markets since the beginning of the year. As I discussed...

The April PPI report came in on the disinflationary side, and as a side note, unemployment claims jumped to the highest level since 2021. This has inflation-centric gold bugs scattering out of the...

Knowing what is priced in for Fed rate hikes or cuts is essential to understanding market movements.This video shows where to find changes in interest rate expectations and how to interpret the...

The US Federal Reserve raised rates by 0.25% last week, increasing its benchmark rate to between 5% and 5.25%: The highest since 2007.Although most investors expect that this latest hike will be the...

Wall Street went down yesterdayTuesday has been a negative day for the US stock market.All three major US indexes reported losses.The S&P 500 finished at -0.46%, the Nasdaq ended the trading...

Investors have been asking themselves when and if we will see a real credit crunch. I think that’s the wrong way to phrase the question. Data shows we are already in a credit crunch.The real...

The multitude of analysts that have been waiting for the “death of the dollar” (DoD) for at least a couple of decades now have a new jingle. “De-dollarization” by global...

George Santayana once wisely noted that "those who do not remember the past are condemned to repeat it."Throughout market history, market historians had many instances from which lessons in hubris...

Fixed-income markets ex-US led performances during a mixed week for the major asset classes through the close of trading on Friday, May 5, based on a set of ETFs.The strongest performer: VanEck J.P....

How does the minimum wage affect the Fed’s biggest fear? I touched on this subject previously as the Fed began its rate-hiking campaign. However, while the issue of the “millions of...

Week Ahead May 8-12thMON: UK Bank Holiday, EZ Sentix Index (May), German Final CPI (Apr), Fed SLOOS TUE: Riksbank Minutes, NBH Announcement, EIA STEO, Chinese Trade Balance (Apr) WED: Norwegian CPI...

In this episode, Piers and I take stock of the US banking crisis after regulators seized and sold First Republic Bank to J.P. Morgan marking the second-largest bank failure in US history.We recap what...

Hawkish inflation and wage data last month point to another 25 basis-point rate Bank of England rate hike on Thursday. But the Bank's recent emphasis on the lagged impact of past tightening suggests...