Market Overview

The ECB meeting provided little news and the introductory statement was broadly unchanged from mid-April. However, bond yields continued higher on Mario Draghi's comments despite his continued signal...

Well, this is even better news………. one has to expect the entire $3.7B to be used for buybacks….AIG Announces Pricing of the Sale of Ordinary Shares of AerCap Holdings N.V....

Is the financial collapse that so many are expecting in the second half of 2015 already starting? Many have believed that we would see bonds crash before the stock market crashes, and that is...

According to Reuters, Hewlett-Packard Company (NYSE:HPQ) or H-P plans to split into two companies after about a year of consideration from Nov 1 this year. CEO Meg Whitmann made the announcement in an...

The follow-through lower in the dollar was mild yesterday. I don't think the losses have yet found a low and overall there still seems to be more potential for losses to continue. However, these...

Today the Institute for Supply Management published its latest Non-Manufacturing Report. The headline NMI Composite Index is at 55.7 percent, down 2.1 percent from last month's 57.8 percent. Today's...

Profits’ share of national income is very volatile over the business cycle because it reflects the volatility of its two determinants which also fluctuate with the business cycle, namely...

I won't write much about the latest details on Greece, as events are moving fast and any updates I have will be out of date within hours. Needless to say, we are down to the wire again as the Greeks...

The May Non-Farm Payroll report will be released on Friday at 8:30 ET (12:30 GMT, 1:30 BST), with expectations centered on a headline print of 226k after last month’s solid bounce back to 223k....

In our daily lives, we use oxymorons on a regular basis. Combinations of words like "exact estimate," "pretty ugly--" and "butt head" are pretty funny when you think about them. Other combinations of...

We often hear (the wrong) questions such as: What did politicians know about that scandal? Will the stock market rally another year? Did politicians lie to the American public about ObamaCare? If we...

You might have guessed that after five years and countless volleys of eurozone crisis flares and resolutions, the euro would callous to an ever-shortening and hyperbolic news cycle. And yet, here, on...

The substance of what ECB President Draghi said contained few surprises. The tone was cautiously optimistic that the worst is past for EMU.There were minor tweaks in the economy forecasts. The...

Forex News and EventsThe Australian economy expanded 0.9% in the first quarter compared to Q4 2014. Despite the fact that the figure printed above markets’ expectations, we do remain Aussie...