Market Overview

This morning the National Association of Realtors released the August data for their Pending Home Sales Index. Here is an excerpt from the latest press release:Lawrence Yun, NAR chief economist, says...

Earlier today the Census Bureau posted the Advance Report on the latest Durable Goods New Orders. This series dates from 1992 and is not adjusted for either population growth or inflation.Let's now...

An array of natural disasters in the US, which cut down refinery capacity, coupled with strong demand in both Asia and more surprisingly, industrial nations, have helped to support oil prices.We need...

The growing influence that index providers command over capital markets is a recurring theme for us here at KraneShares. We have written extensively about the impact MSCI had when it included...

Oh, that was a bad day… It seems I had the pulse of the market just one swing off. I have a feeling that we’re not going to see any strong moves today and more likely a follow-through and...

Almost a full year after the election of Donald Trump to the White House, one of the key promises made to voters was the largest “tax cut” since Ronald Reagan was in office. As President...

The Bad NewsThere are no “magic bullets” when it comes to trading. There are people in this industry who have literally tested scores of indicators. Every trend-following indicator looks...

SPX Monitoring purposes; Short SPX on 8/30/17 at 2457.59. Monitoring purposes Gold: Neutral Long-Term Trend Monitor Purposes: Neutral. The pattern forming on the hourly chart appears to be a Head and...

The change in the volume of orders in the US for durable goods is regarded by market participants as a leading indicator of investment activity. Today, a positive figure is expected. The growth of the...

The Advance Report on Manufacturers’ Shipments, Inventories, and Orders released today gives us a first look at the latest durable goods numbers. Here is the Bureau's summary on new orders: New...

Yesterday, the US dollar continued to strengthen against the major leading currencies. The dollar index (#DX) increased by 0.37%. The Fed's Chairman Janet Yellen said that a gradual increase in...

OverviewThe direction of US monetary policy has become more transparent thanks to Federal Reserve chair Janet Yellen’s latest speech. Yellen boosted expectations for a December rate hike,...

As we at Cumberland Advisors expected, the FOMC left its policy rate unchanged for the moment and announced that it would begin the process of normalization of its balance sheet in October. They have...

At the bottom point of the economic crisis in Spain, value added created by the non-financial corporate sector (NFCs) had fallen by more than 10% in 5 years, from EUR 605 bn in end-2008 to EUR 543 bn...