Market Overview

Is it a banana? In the 19th century, downturns were called “depressions.” However, the term got a bad name in the 1930s, and “recession” was coined. Alfred Kahn, one of...

We cannot remember having seen so many markets at critical points simultaneously. It is truly astonishing. Scary movie or turning points? We do not know for sure, but let’s review the strategic...

Asian indices tumbled sharply today following the stock market rout in China. At the time of writing, the China Shanghai composite is down -3.8%, after losing nearly -5% earlier in the day, proving...

DOW + 93 = 17,776SPX + 12 = 2081NAS + 5 = 499710 YR YLD – .05 = 2.23%OIL + .14 = 52.67GOLD – 15.50 = 1155.30SILV – .70 = 15.15These are interesting times. There is the situation in...

The votes are in and it is a firm “No” to future austerity. More than 60% of the Greek populace want it to end. Is the sky falling? Did Greece suddenly exit into a black hole of debt on...

Talking Points: US Dollar Accelerating Higher en Route to June Swing High S&P 500 Rebuilding Downward Momentum After Correction Gold Drops to Four-Month Low, Crude Oil Digesting Losses US...

$1.4 trillion of Chinese stocks have stopped trading. Greece is finally imploding. The US trade deficit is widening on falling exports.Copper just fell back to 2009 levels. And safe-haven capital...

At what point do people begin to be honest with themselves? At what point do they take off the blinders? At what point do they attempt to see the truth before their eyes? I am sorry folks, but gold...

The Greeks voted 'no' and should be applauded for their valor!Knowingly or not, their no vote has added extra cards to their hand. They now have more options than they would have had with a 'yes'...

The negative trend in global energy prices has continued to be problematic for the Canadian economy. Persistently weak energy prices have caused a significant dip in monthly GDP with May showing a...

It’s a slow day for scheduled economic news, although the unscheduled headlines will continue to grab the crowd’s attention, courtesy of a certain macro tragedy unfolding in real time. As...

For at least a week I have seen numerous headlines and articles purportedly offering Greece a "last chance".We saw the same headlines before both of the prior Greek bailouts. Thus, and in spite of the...

Following the victory of the “No” vote in Greece’s referendum, the ECB decided to continue providing Greek banks with access to Emergency Liquidity Assistance (ELA).The haircut on...

Here we introduce the monthly report, International Trade in Goods and Services, also known as the FT-900. Data is published monthly by the Bureau of Economic Analysis with revisions that go back...