Market Overview

Profits are faltering for structural reasons that are not easily resolved..The bedrock assumption of the Bull market is that corporate profits will keep rising indefinitely. Hiccups are allowed, but...

The December round of manufacturing PMIs have revealed a number of trends worth keeping an eye on as we enter 2017. A couple of these I talked about in the 2016 End of Year Special Report - such as...

Despite the millions of dollars Wall Street plowed into the Clinton campaign in vain, the financial industry has nevertheless now become downright giddy with the prospects of a Donald Trump...

Well it's the end of what has been a very interesting year. In Chinese culture 2016 was the Year of the Monkey, which interestingly enough is an animal associated with changeability - we certainly got...

Euro area inflation increased to 1.1% y/y in December which is the highest rate since September 2013 . The rise in inflation was mainly driven by energy and food price inflation, which together...

Valuation, economic growth and real rates support a short EUR/NOK positionWe see Q4 16 NOK headwinds fading, including year-end seasonality We recommend selling EUR/NOK 12M forward outright as a...

The market works in strange ways – at times at least. We didn’t get the minor follow-through I had been expecting yesterday and that was frustrating. One point I noted was that, compared...

Growth in U.S. manufacturing activityData released yesterday morning showed the strongest growth in U.S. manufacturing activity in close to two years, a reading that was well received by investors and...

Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns. In a "normal" market...

How do you say “Netflix and chill” in Mandarin? It doesn’t really matter, because they can’t do it.At the end of 2016, Netflix (NASDAQ:NFLX) became the latest online services...

In this week's market analysis, we will look at potential trading opportunities and zones where we should look for price action, evidence and potential moves. Pairs and markets analyzed this week:...

US futures are pointing to a slightly higher open on Wall Street on Wednesday, with the Dow once again headed back towards the 20,000 level that has thus far eluded it.The festive cooling off period...

DOW + 119 = 19,881SPX + 19 = 2257NAS + 45 = 5429RUT + 8 = 136510 Y + .01 = 2.45%OIL – 1.23 = 52.49GOLD + 7.30 = 1159.20Stock markets all over the world opened 2017 with a bang. An upbeat Chinese...

2016 is finally closed and in the can, so to speak. It will go down as a year filled with unexpected surprises. The Fed quickly backed off its proclaimed path of having four 25 basis point interest...