Market Overview

One of the consequences of last year’s junk bond blowup was, unsurprisingly, a dramatic decline in high-yield gross issuance. The numbers were pretty stark. According to SIFMA, high-yield gross...

Summary: The jobs report is a monthly gift for journalists and economists. Packed with numbers — mostly noise, with large error bars, subject to big revisions — it generates a flood of...

Consumer credit rose 6.25 percent according to the Fed G.19 Consumer Credit Release for May.Revolving credit increased at an annual rate of 3 percent, while nonrevolving credit increased at an annual...

Our long-term reliable equity/bond investing model provides investors with simple decision making in the markets:When the model favors stocks, investors should overweigh in equities for maximum...

ExecutiveSummary Brexit Redux The Brexit remains a high topic of discussion, even if it feels like it is reaching the saturation point. One thing is clear: The political parties in the UK have been...

The Fed has argued that it is easier to respond to an upsurge in economic growth from here by staying conservative at the zero bound than it is to continue hiking and the economy takes a downturn from...

DOW + 250 = 18,146SPX + 32 = 2129NAS + 79 = 495610 Y – .02 = 1.37%OIL + .05 = 45.19GOLD + 4.80 = 1365.60*S&P just shy of intraday and closing record highs, going back to May 2015. The Jobs...

Political tensions on the Korean peninsula are rising The IMF cut its growth forecasts for South Africa Brazil announced its 2017 budget target In the EM equity space as measured by MSCI, Hungary...

A couple of weeks after Brexit, and the world has not ended. Indeed, in the UK the fallout seems relatively tame. Sterling has weakened substantially, which will increase UK inflation relative to...

The US dollar had a good week. It was helped by the strongest service ISM this year, with strong gains in forward-looking new orders component and an increase in export orders. Non-farm payrolls...

Deutsche Bank (DE:DBKGn) hit fresh new lows this week on the fear that Germany will not be able to bail out the bank. DBK appears to be headed for bankruptcy, which would wreak havoc thanks to the...

Post-Brexit-vote pain is beginning, and it will get worse. Investors’ attitudes about Britain’s prospects are signaled by the tumbling currency. This week the pound plunged to three-decade...

"Systems trading is ultimately discretionary. The manager still has to decide how much to risk to accept, which markets to play, and how aggressively to increase and decrease the trading base as a...