Market Overview

DOW – 252 = 17,477SPX – 29 = 2049NAS – 85 = 503710 YR YLD + .15 = 2.33%OIL + 1.33 = 41.27GOLD + 8.40 = 1062.60The S&P 500 suffered its biggest drop since late September. The...

Summary: The balance of the macro data from the past month continues to be positive. There is little to suggest the imminent onset of a recession.The main positives are in employment, consumption...

“There are many ways of calculating purchasing power by means of index numbers, and every single one of them is right, from certain tenable points of view; but every single one of them is also...

The Sentier Research monthly median household income data series is now available for October. The nominal median household income rose $392 month-over-month and is up $2,910 year-over-year. That's an...

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This...

Only three of the eight indexes on our world markets watch list posted gains last week, down from six the previous week and eight the week before, and the skew was definitely downward. The average of...

Earlier this year, we argued investors should snatch up biotech bargains while they were hot. And, boy, were we right. This week’s chart looks at the performance of the ARCA Biotechnologyand the...

The market's disappointment with the ECB unleashed pent-up corrective forces in the foreign exchange market. This leg up in the dollar began in mid-October. Through the day before the ECB, the euro...

Markets go up and markets go down. It shouldn't matter much, but many new market timers (and traders) find that their own personal mood fluctuates with the markets, moving from extreme euphoria as the...

Last week’s review of the macro market indicators suggested heading into December that the equity markets looked solid and may have new leadership. Elsewhere looked for gold to continue lower...

1. Given the large moves in prices shortly after the CFTC reporting period ended on 1 December renders the latest Commitment of Traders report more dated than is usually the case.2. The Thanksgiving...

Findel's (L:FDL) shares responded positively to the announcement of the sale of Kitbag and the arrival of Sports Direct (L:SPD) on the share register at the end of September with an 18.9% stake....

Today's jobs report was the last key release ahead of the FOMC meeting on 15-16 December and should make the Fed feel comfortable about raising the Federal funds rate target for the first time since...

The Riksbank is not likely to move until April, after the ECB.We revise our inflation outlook. We keep our positioning unchanged for the time being. We look at the Riksbank's Per Jansson and the...