Market Overview

Now the gap between real house prices and real earnings is even wider than it was during Housing Bubble I.We know two things about housing bubbles: they always pop—with devastating...

As the year comes to a close, the markets await two monumental decisions. It is thought by many and priced into the market that the European Central Banks, Governing Council have already agreed upon...

Another month, another pivotal central bank meetingToday’s European Central Bank meeting is once again expected to see Mario Draghi and the Executive Council add stimulus to the economy via...

Stock markets worldwide were mostly lower on Wednesday as oil prices dipped below $40 a barrel, while the dollar moved higher after Federal Reserve Chair Janet Yellen voiced her support for an...

While yesterday's job data gave the greenback a lift, the momentum was brief as dollar pared back much of the gains after comments from Fed chair Janet Yellen. In short, Yellen emphasized that the...

The Big Day has arrived and investors are looking at one element, which is, can the president of the European Central Bank can deliver which he promised. Mario Draghi, the president of the European...

It is all about the ECB today. We expect Draghi to deliver a new 'menu' of aggressive monetary easing consisting of: a 20bp deposit rate cut accompanied by a two-tier deposit rate system, stronger...

Asian shares followed US markets down as a weak round of regional services PMIs only added to further negativity in equities. The US dollar continued to rally through the Asian session as expectations...

The GDP statistics for Brazil as of Q3 2015 were worse than expected in every way imaginable. Real GDP fell 4.5% Y/Y, which is nearly double the worst quarter Brazil experienced during the Great...

For the tenth straight week, dating back to the week just before the global liquidations in August, reported domestic crude inventories increased. At 489.4 million barrels, the current level of oil...

As Fed Chair Janet Yellen yapped about the strength of the US economy in a speech to the Economic Club of Washington, the US dollar index briefly surged above a level set in March, to a high last seen...

In a recent interview, Dr. Paul Craig Roberts, former an Assistant Treasury Secretary in the Reagan administration and a Wall Street Journal columnist warned that the current economic system is...

DOW + 168 = 17,888SPX + 22 = 2102NAS + 47 = 515610 YR YLD – .07 = 2.15%OIL = 41.65GOLD + 4.30 = 1069.80SILV + .10 = 14.27More than 180 nations are gathered in Paris to discuss a far-reaching...

The economic mover and shaker this week is Friday's employment report from the Bureau of Labor Statistics. This monthly report contains a wealth of data for economists, the most publicized being the...