Market Overview

Americans love their coffee (me included). But let me ask you... Is getting that morning buzz more important than building up your retirement nest egg? New research suggests that, for many of us, the...

DOW + 19 = 17,949SPX + 4 = 2102NAS + 19 = 486210 Y – .03 = 1.46%OIL + .88 = 49.21GOLD + 19.60 = 1342.30SILV + .98 = 19.78Puerto Rico defaulted Friday on debt that is supposed to be guaranteed by...

What Just Happened?Breakups are never easy, especially when they come as a surprise. That’s exactly what happened with last week’s “Brexit” (British exit) referendum results....

Safe to say that everyone is thrilled that it is a 3-day holiday weekend on Wall Street. Count me in that group as well. Following the massive sell-off on Friday and again on Monday, and then the...

In the sessions before and after the UK referendum, speculators in the currency futures did three things. First, they generally reduced exposure. This means gross long and short positions were...

Indonesia’s parliament approved a tax amnesty bill Korea announced KRW20 trln ($17 bln) in fiscal stimulus Czech President Zeman said a referendum on EU and NATO membership should be...

China's manufacturing sector continues to contract. The Caixin China General Manufacturing PMI for June came in at 48.6. For the last three months in a row, China's PMI has come in below 50. Chinese...

Investors are debating whether the Bank of England will ease policy at the July 14 MPC meeting or wait until its August Quarterly Inflation Report when new post-Brexit forecasts will be ready. There...

In my view, this new bout of turmoil in financial markets is the prelude to the final demise of government currency.If I’m right, a long-expected collapse in the purchasing power, and of the...

Prolonged uncertainty from drawn out Brexit negotiations between the UK and Europe.European growth will suffer. Emerging markets outside Europe will continue to perform well. Due to central bank...

In this presentation, we give some more details on how the macro outlook has changed for the Nordic countries following the UK's leave vote. The GDP growth outlook is generally lower, with a high...

Dollar bears were on the offensive during trading on Friday as the lingering Brexit anxieties heightened concerns over the Federal Reserve failing to raise US rates in 2016. US rate hike expectations...

The downward pressure on global rates and yields intensified after the British people's decision to leave the EU. As flagged in the Brexit - policy responses and market implications , 24. June, we are...

CurrenciesEUR/USD – After a few days of slight recovery the pair closed down for the day after reaching a height of 1.1116. We now are just above that all important 1.10 level but with a small...