Market Overview

This is the first year I’ve seen The Harriman Stock Market Almanac by Stephen Eckett, although its first edition was published in Great Britain in 2004. This is the tenth edition. (Yes, I do...

Yen weakens mildly today even though BoJ offered a brighter view on the economy after keeping monetary policies unchanged. Interest rate was held at -0.1% and the asset purchase program was also kept...

Even if you believe that the economy we find today is irrelevant to one that will result from a range of better policies under a Trump administration, you still have a timing problem. I fully believe...

2016 was a year that went from bust to boom, a Source Research “Uncommon truths” report noted. But what can be really said about the year might not be found in the current stock market...

Terror attacks across the European continent continue shaking the headlines. Yet, the market reaction has been limited so far following Berlin, Zurich and Ankara attacks.As expected, the Bank of Japan...

UK CBI Distributive Trades Index is expected to ease in December Whether USD/JPY reaches 120 depends largely on US economic numbers Upbeat German economy looks to maintain pressure on the 10-year...

The expectation that Trump will have better luck on this front has produced a textbook asset-price response. Stock prices have climbed, led by financials and industrials; interest rates on US...

If the "experts" were assessed on results, they'd all be fired.The mainstream media continually hypes the authority of "experts," i.e. people with a stack of credentials from top institutions. But...

The Census Bureau reported that its advance estimates of retail sales for November show a .1% gain from October and a 3.8% gain over November 2015. Wall St. was forecasting a .4% gain. Oops. But...

China’s economy and markets have been defying the laws of economics since 2009. Amid a worldwide financial crisis during that year, they managed to grow their economy by 8.7%. But that growth...

General Motors (NYSE:GM) car inventories are as high as they have been since November 2008. Ideal inventory levels are 60 days but 8 models have over 110 day’s of inventory.As a result, GM is...

Interest rates have bottomed and will rise substantially during the next decade.OR: Interest rates CAN’T rise because rising rates will crash governments, economies, derivatives, equity markets...

Key Points: Recent Australian Unemployment Rate cause for concern. Technical and fundamental bias now aligned. Monitor the monetary policy meeting minutes going forward. The Aussie dollar moved in...

If yesterday’s trading represented Santa’s navigation system, I’d say he was royally inebriated. To be honest, at this time of the year, trading is more like pass the $$ parcel...