Market Overview

The Bank of England is expected to leave its policy rate at 0.25% US housing starts are on track to post a mild increase in March Job openings in the US are projected to dip slightly to lowest level...

The FOMC decision lived up to its stormy expectations, but seriously wrong-footed the markets and gutted dollar long position as dollar bulls found themselves hitting the reboot button.Let’s...

Today the Fed hiked rates for the third time in eleven years.In so doing it has confirmed what many have long suspected: that the only thing that matters to the Fed is stock market levels. The Fed...

There is a whole generation of investors that think that bonds and bond funds, and bond ETFs are “safe”, i.e. low risk of loss, modest returns, etc. And that has been true for a while.In...

Has the Federal Reserve gone completely insane? On Wednesday, the Fed raised interest rates for the second time in three months, and it signaled that more rate hikes are coming in the months ahead....

The market's immediate focus is on today's FOMC meeting and Dutch elections. However, China's annual legislative session (National People's Congress) ended earlier today, and Premier Li unveiled a new...

Note: The charts in this commentary have been updated to include Wednesday's Consumer Price Index news release.Back in 2010, the Fed justified its aggressive monetary policy "to promote a stronger...

The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index,...

This morning we got the latest Empire State Manufacturing Survey, which shows continued growth. The diffusion index for General Business Conditions at 16.4 was a slight decrease of 2.3 from the...

The Federal Reserve delivered its much-anticipated rate hike on Wednesday. There was one dissent -- Minneapolis Fed President Kashkari.The first paragraph of the FOMC statement tweaked the assessment...

A fanatic is a man that does what he thinks the Lord would do if He knew the facts of the case. -- Finley Peter DunneNot too long ago this bull market was one of the most hated in history; that no...

SPX Monitoring purposes: Covered short SPX 1/31/17 at 2278.87 =.09% gain; Short on 1/30/17 at 2280.90 Monitoring purposes Gold: Sold VanEck Vectors Gold Miners (NYSE:GDX) at 24.33 on 2/22/07 = gain...

As the markets awaits another interest-rate hike this year from the US Federal Reserve, the two-day Federal Open Market Committee meeting is about to come to a close on Wednesday and is expected to...

Ahead of today’s highly anticipated FOMC decision, US equity markets are expected to open a little higher with the rally in commodities seen supporting the indices while overall caution is...