Market Overview

European stock markets are expected to open weak as the Greek crisis deepens. Last-ditch negotiations will resume on Saturday and will hopefully avert a Greek default and possible exit from the common...

Market Movers The ongoing negotiations between the Greek government and the creditor institutions continue to be in focus as no deal was reached yesterday. Today's EU leaders summit previously...

The Macro Outlook: The spring selling season has confirmed further improvement in housing markets “This year’s spring selling season confirms that the market is continuing to improve at...

I received a number of thoughtful responses from last post about falling equity volatility (see Will the quants blow up the markets again?). One of the themes that was repeated several times in the...

Friday is shaping up to be one of the quieter days of late in terms of news flow and data but with the Greek fiasco appearing to near a conclusion, at least this part of it, I doubt there will be...

The Long Term TrendYesterday, I posted an article discussing the lack of ability by investors to accurately predict the future. To wit: But it is precisely this conversation that leads to a litany of...

The negotiations held yesterday did not produce an agreement that will allow Greece to meet its obligations by the end of June. It owes €1.5 billion to the IMF and the €240 million European...

DOW – 75 = 17,890SPX – 6 = 2102NAS – 10 = 511210 YR YLD + .02 = 2.39%OIL – .57 = 59.70GOLD – 2.10 = 1173.90SILV – .04 = 15.94In economic news: Consumer spending...

As I see it, the following are true:Debt is increasing far more rapidly than growth in the underlying economies that must support that debt. Although this is also true in Japan, the UK, and Europe,...

US stocks fell on Wednesday as Greek debt negotiations stumbled. The S&P 500 fell 0.7%. All 10 sectors ended lower, with materials leading losses. The dollar retreated, with the ICE US dollar...

Cardiac safety data support investment caseCytRx released cardiotoxicity data and interim positive efficacy results from the Phase II GBM and combination Phase Ib aldoxorubicin studies. Our focus...

DOW – 178 = 17,966SPX – 15 = 2108NAS – 37 = 512210 YR YLD – .04 = 2.37%OIL – .74 = 60.27GOLD – 3.00 = 1179.00SILV + .04 = 15.98The American economy shrank in the...

Greece remains a key driver of the markets on Thursday as finance ministers continue negotiations on the Greek bailout package and leaders arrive for the latest E.U. summit. The U.S. will also be in...

The markets came to a realisation on Wednesday that the Greece-Eurozone deal is far from being finalised. Deal fatigue is setting in, and the euroarea leadership may be faced with political pressures...