Market Overview

The Fed Flip-Flop!Can anyone figure out the Fed? Last week the Fed indicated that a June interest rate hike was back on the table after indicating in March that the softness in the global economy...

The New York Fed Nowcast Model for second quarter GDP rose to 2.2% from 1.7% in today’s release.The increase was largely due to a massive jump in new home sales. Durable goods also added to the...

Predictable vs. Unpredictable?Many traders and investors set goals. Typically, a goal might be to achieve a 12% gain every year. Although it is pretty obvious that the markets cannot be depended upon...

There’s no question that nuclear energy plays a big role in America’s power generation. (We looked at the sector’s coming bull market last week.) And that role is increasing....

There was little change in my core market health indicators over the past week. They bounced around a bit, but no big moves. My measures of market strength are very close to going positive, but...

The S&P 500 index (SPX) closed at $2099 today, up 2.3% this week alone. The Russell 2000 Index (RUT) closed at $1150, up $11. This strong bullish week has a lot of people seeing only blue skies -...

The US dollar was mostly firmer over the past week. There were two exceptions among the major currencies: Sterling and the Canadian dollar.Many linked sterling's outperformance (+0.8%) to a growing...

For various reasons, well beyond the scope of this note, China has amassed huge industrial capacity, well beyond its ability to absorb. In part, that is one of the challenges that 'One-Belt-One-Road'...

US stocks were almost flat today on Thursday ahead of national holiday and Janet Yellen speech. US dollar index, a measure of a greenback’s value against a basket of six major currencies, fell...

Korea will extend trading hours for stock and FX markets by 30 minutes effective August 1 The Monetary Authority of Singapore said it will withdraw BSI Bank’s license for breaches of...

US consumption and housing gain pace giving comfort to the FedA summer hike is increasingly likely barring any negative surprises USD to strengthen short term driven by higher US yields Euro yields...

William Bernstein penned an intriguing e-book a few years ago that considered the possibility that correlations are destined to rise among asset classes due to indexing’s growing popularity....

Forex News and EventsStill not buying the hype Data released yesterday indicates that key areas of the US economy remain soft, keeping the Fed on hold for June. Areas in the economy directly are...

Update on positioning.Covered bonds - supply likely to be lower in H2. The new CPI mortgage cost method. Time to take position in BEI3102. To read the entire report Please click on the pdf File...