Market Overview

We recently wrote Japan’s Lost Decades to appreciate better why Japan’s GDP is smaller than it was in 1995 and why it took 35 years for its stock market to set its recent record high.Many...

Stocks remain under pressure as Fedspeak and US data dent rate cuts chancesDollar remains dominant against both the euro and the yenUK inflation surprises on the upside; the pound tries to rallyA...

Gold Remains Elevated on Worries About Tensions in the Middle East The gold (XAU) price moved within $2,364–$2,397 on Tuesday but finished the day essentially unchanged. The precious metals...

This is one of my favorites, and every few years I re-blog some portion of this article. The original, I wrote in 2010. The basic question is, what is the correct way to respond as an investor to...

Stocks traded mostly sideways yesterday, even as rates and the dollar surged. However, the big news came yesterday when Jay Powell noted that it would take longer for the Fed to gain the confidence...

He said it. Federal Reserve (Fed) President Jerome Powell said that the Fed may delay its first rate cut due to the lack of progress in cooling inflation following a rapid decline observed by the end...

In today’s presser with Powell basically said what he typically says:Higher for longer but maybe not as risks remain to the economy while inflation is too sticky. Here are some of our thoughts...

 1988年巴塞尔协议1的制定是全球金融监管史的一项里程碑É

Surging US retail sales dampen Fed rate cut expectations Wall Street sinks, dollar scales fresh highs as yields jump China GDP beat offers only tepid support as March data disappointsYen continues to...

Geopolitical Concerns Drive Gold Higher Despite the Strong US DollarThe gold (XAU) price rallied by 1.67% on Monday even though stronger-than-expected retail sales data lowered the probability of an...

Stocks finished the day sharply lower for a second day in a row, with the S&P 500 dropping by 1.2% and the NASDAQ dropping by 1.65%. The S&P 500 opened higher, but the selling started around...

A stronger-than-expected retail sales data from the US cemented the idea that the US economy remains too strong for the Federal Reserve (Fed) to cut the rates in summer. Retail sales jumped 0.7% in...

Gold’s huge-volume reversal is definitely THE news that got the spotlight last week. What does it mean?Gold’s Final Top?It most likely means that “this is it”. This was the...

Artificial intelligence (AI) and Bitcoin were top of mind at last week’s Paris Blockchain Week, where I had the privilege of presenting to an enthusiastic crowd. The blockchain and digital...