Market Overview

Global prospects for growth remain sluggish at best, in spite of reduced expectations for Fed fiscal tightening and a moderate recovery in oil prices. One can expect growth to continue to be hindered...

The US Small Business Optimism Index should edge higher for June Upbeat data will point to stronger numbers in the labour market for July Survey data for Indian manufacturing hints at firmer output...

So much of the basis for monetary policy was put in place in the 1960’s study of the 1930’s. It has become commonplace simply to assume 21st century tactics as being directly lifted from...

Even with the huge turnaround in the Establishment Survey’s headline number in June, the Fed’s alternate factor model could not manage a positive number. It was an improvement over May...

The Australian dollar is trading a tad lower this morning, off yesterday’s election inspired highs as a sense of normality returns to the Markets. In a delayed response to Friday stellar US NFP,...

A popular line of thinking is that the US banking system is not making as much use of its “excess” reserves as it should be because of the interest rate that the Fed now pays on these...

In 2013, the S&P 500 closed at a record high at the same time that the 10-year U.S. Treasury bond yield closed at a record low. The reason? The Federal Reserve had been buying hundreds of millions...

Why are bonds up 20% and the S&P futures (ESU16:CME) up over 4.5% for the year? Has crude oil disconnected from the the S&P 500? With the Fed unable to raise interest rates and Europe bracing...

Morning NotesUS Futures are tracking higher as markets approach all time highs. European stocks are trading higher by over +1% while Asian stocks showed strength over night as the Nikkei pushed over...

Comforting news on the U.S jobs frontFriday’s job figures from south of the border certainly brought down investors’ level of concern at the onset of the summer period. In short, 287,000...

The Fed was able to end its massive $3.7 trillion series of Quantitative Easing campaigns without the stock market and economy falling apart. The end of QE 3, in October of 2014,did cause temporary...

Forex News and EventsSNB still intervening 2 weeks later The latest data from the SNB suggests that the Swiss central bank has remained quite actively in the week ending July 8 as the domestic sight...

After a negative week, EUR/USD attempts a bounce to the upside. The 1.1000 support level looks solid, but if broken we could see a new slide to 1.0940 (Fibonacci retracement), then, below this level...

Summary: Let’s look at the four key measures of growth for the US economy. They show the big news about this economic cycle: six years of amazing stable and slow US growth, shrugging off...