Market Overview

The financial markets are rather steady as the week is heading for close. Euro remains the strongest major currency for the week even though it's losing some upside momentum. In particular, there is...

Today brings US GDP figures for Q1. The Fed Atlanta GDP nowcast shows growth in Q1 of 0.5% q/q AR, soft data indicates growth in the region of 1.5-2.0%. We expect to land somewhere in between and...

On 30 April, Italy's ruling Democratic Party (PD) will hold its leadership contest, which Matteo Renzi should win comfortably with around 70%, according to opinion polls. Although some political...

The ECB kept policy rates, the QE programme and its forward guidance unchanged at today's meeting - in line with our expectations. It still expects policy rates 'to remain at present or lower levels...

Total new orders for durable goods, including orders for new transportation equipment, were estimated to have been $238.7 billion in March 2017 on a seasonally-adjusted basis. That is 9% better than...

Jonathan Taplin authored an op-ed in the The New York Times April 22 Sunday Review making the case that it could be time for the government to "break up Google" or "regulate them like public...

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...

The Kansas City Fed Manufacturing Survey business conditions indicator measures activity in the following states: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, western Missouri, and northern New...

Over the last decade, the general trend has been consistent: The rate of home ownership continues to decline. The Census Bureau has now released its latest quarterly report with data through Q1 2017....

Dull. Boring. Listless and Enthusiasm-(errr)-less.Well, at least the JPY pairs provided a brief period of interest when they both picked up and reversed lower. Actually, GBP/USD caught me out. I...

Since late last year, I’ve liked what I’ve been seeing abroad, especially in emerging economies. The latest batch of data out of China was certainly surprisingly strong, though that...

What happens when new currency is created with few limits by central banks and commercial banks?Answer: Far too much debt and currency are created. Central Bank Balance Sheets have increased by $10...

by Chaim Siegel of Elazar Advisors, LLCSince the last Fed meeting in March, US CPI as well as jobs growth have slowed. Surprisingly, CPI went negative on the last reading and March nonfarm payrolls...

Just recently, Wealth Management had an interesting interview with Jeremy Grantham in which Jeremy suggests the “rules have changed” for value investors. To wit: The market was extremely...