Market Overview

Waiting for....what?What should we expect concerning inflation and the outlook? Covered bonds have underperformed other credit bonds. To Read the Entire Report Please Click on the pdf File Below

We end this week in a critical situation. My core indicators were all damaged during the high volatility moves both up and down this week. Core measures of risk and trend have now gone negative. The...

Millions of investors around the world are watching China's stock markets with bated breath, given that the Shanghai and Shenzhen bourses have lost more than $3 trillion in market capitalization...

First Hurdle ClearedIn an emergency Saturday meeting, eurozone finance ministers have concluded that "under certain conditions", the latest Greek bailout proposal "may provide" a basis for...

The template of over-indebtedness as a response to soaring obligations is scale-invariant, and it always ends the same way: default. When you can't pay your bills, you can either cut expenses, borrow...

DOW + 211 = 17,760SPX + 25 = 2076NAS + 75 = 499710 YR YLD + .11 = 2.41%OIL + .04 = 52.82GOLD + 3.50 = 1163.80SILV + .23 = 15.72For the week, the Dow rose 0.17 percent, while the S&P fell 0.01...

The Governor of the Bank of Canada (BOC), Stephen Poloz, was not kidding when he warned that the first quarter of 2015 would be “atrocious.” After a respectable fourth quarter in 2014, the...

Considering the week just past, with triple digit Dow point swings almost a daily occurrence, we thought this article on volatility to be timely. The majority of investors see volatility as not only...

Developments in both Europe and China will likely encourage risk taking in the days ahead. Our reading of the dollar's technical condition warns of near-term vulnerability. The yen is likely to...

Faced with a hard deadline, a collapsing banking system and an economy that is seizing up, Greece blinked. It submitted to its creditors a request for a new three-year loan and offered a set of reform...

Things have certainly changed since I was a child. When I was growing up my father would come outside to give the traditional "dinner whistle." As was often the case, the common response was "Can we...

There’s renewed talk of a looming U.S. recession these days. One argument that’s topical is the view that we’re overdue for a downturn. The current expansion, which began in mid-2009...

Market Drivers July 10, 2015 Deal looks doable – Eur moves above 1.1100 UK Trade Balance bit better Nikkei 225 -0.38% Europe -2.19% Oil $53/bbl Gold $1161/oz. Hope ButEurope and Asia:AUD AU Home...

Global indices advanced yesterday, as Chinese stocks increased 6%. The trend continues this morning. Shanghai Composite has added 10.3% for 2 days, recording the best 2-day result since September...