Market Overview Analysis & Opinion

The Federal Reserve raised interest rates for a 10th straight time on Wednesday, lifting its target by a 1/4-point to a 5.0%-to-5.25% range, the highest since 2007. But there are hints that the...

Most likely, this was the last Fed hike of this tightening cycle.Even before the press conference, the omission of the key sentence ‘’some additional policy firming may be...

To preface, I have no right to be right about the markets. All I have are indications that the herds either don’t know about or don’t care about (I know this by relative Twitter...

U.S. job postings fell by 384,000 to 9.6 million in the most recent report for March 2023, according to the US Bureau of Labour Statistics published yesterday on the 2nd of May. The lowest reading...

Taking risks is no longer necessary to make a return on your savings.Not long ago, “cash is trash” was a common theme as savings accounts yielded zero. Of course, such was the intent of...

The US economy is expected to enter a recession by the end of the year. Despite the risks, investing in equities may still be a viable option. The S&P 500 appears to be in an uptrend, but the 4200...

As inflation (broadly rising prices across the economy) ran hot globally last year, we observed something else run hot: chatter about potential monetary policy.[i] Across the Atlantic, US Federal...

Week Ahead May 1st-5th MON: South Korean Import/Export Growth (Apr), US S&P Global Manufacturing PMI Final (Apr), US ISM Manufacturing PMI (Apr), European Labour Day Holiday, UK Early May...

May is expected to be another volatile month on Wall Street. Investor focus will be on the Federal Reserve’s policy meeting, the monthly jobs report, inflation data, more earnings, and the U.S....

The US economy expanded at a much slower rate than expected in the first quarter, a prelude to recession, according to some forecasters. It would be naïve to rule out the possibility in the...

Wall Street Went Up YesterdayThursday has been a positive day for the US stock market.All three major US indexes reported profits.The S&P 500 finished at +1.96%, the Nasdaq ended the trading...

Conviction (kan-vik-shan): noun, a strong persuasion or belief; the state of being convinced.In life, there are things that we should be convicted and committed to. For example, the love for our...

As inflation (broadly rising prices across the economy) ran hot globally last year, we observed something else run hot: chatter about potential monetary policy.[i] Across the Atlantic, US Federal...

So, I suppose the good news is that policymakers have stopped pretending that prices will go back down to the pre-pandemic levels. My friend Andy Fately (@fx_poet) in his daily note today called to...