Market Overview

Two weeks ago, I wrote about an upcoming New York City condominium listing for $250 million. I mention this because, as I’ve explained before, it’s always the tallest buildings and...

When less stuff is being bought, sold and shipped around the country with each passing month, how in the world can the U.S. economy be in “good shape”? Unlike official government...

Bubbles are not new. The tulip mania, for instance, peaked some 400 years ago. Interestingly, there is one common characteristic about bubbles: that they are considered ‘normal’ during the...

Anora Mahmudova commented recently on MarketWatch about Mohamed El-Erian’s discussion on the importance of holding cash. At a breakfast meeting with reporters on Monday, the former Pacific...

New home sales in May fell 6% from a downward revision to April’s huge numbers.Those April numbers looked too good to be true, and they were. Yet, the May numbers were the second best in the...

Millennials...the generation everyone loves to hate.They’re too entitled, too lazy and they spend entirely too much time on their phones. But the criticism is nothing new. It’s a rite of...

Referendum voting begins in the United KingdomThe big day is finally here in the United Kingdom with more than 46 million registered voters eligible to cast their ballots. The most recent polling...

Former hedge fund manager Raoul Pal is a fan of the ISM Manufacturing Index. In fact, the one-time co-manager of the GLG Global Macro Fund in London puts this widely followed benchmark at the center...

As expected, Norges Bank (NB) this morning left the sight deposit rate unchanged at 0.50%.The revised rate path still has a 100% implied probability of a 25bp rate cut in H2 16. As NB only publishes...

The UK's referendum is underway. The capital markets are continuing the move that began last week with the murder of UK MP Cox. The tragedy seemed to mark a shift in investor sentiment. Sterling...

The big day has arrived. Britain votes for its future in the European Union today. Although the City of London was hit by a heavy thunderstorm last night, markets looked sensibly brighter during the...

Today is D-Day, the day of the Brexit referendum. Yesterday late afternoon there were 2 polls showing that there was a slight majority in favour of a Brexit, which immediately led to some downside in...

Market BriefFinally, the Brexit referendum has arrived. After months of debate, UK voters will finally head to the polling stations this morning to determine whether the United Kingdom should remain...

Forex News and EventsTraders should be mindful of the tightness of the vote and the non-linear scenarios (by Peter Rosenstreich) After what seemed to be an endless wait the UK referendum on EU...