Market Overview

The International Monetary Fund (IMF) released its bi-annual survey of the global economy last week. As has been customary in recent years, the outlook for global growth has been revised down. The IMF...

A constant struggle, a ceaseless battle to bring success from inhospitable surroundings, is the price of all great achievements. - Orison Swett Marden Vince Lombardi was the legendary coach of the...

Survey based economic reports continue to run counter to real world, actual data. Since the real data tends to lag, an optimist would probably take this as good news. A pessimist would dismiss it...

There is great allure in comparing our current economic circumstances to those in 1937, and why wouldn’t there be? The associations are especially striking, starting with the gaping hole left...

US industrial production fell yet again in March to (benchmark revised) -2% year-over-year. With updated revisions, the contraction in IP now extends seven months rather than what would have been just...

These are happy days for G10 commodity currencies. Global commodity prices are recovering as fears about a hard landing in China and the oil-supply glut are abating. Also, the February G20 meeting in...

Hungary has become the first Eastern European country to issue a yuan-denominated sovereign bond.The deal shows how currying favor with China may be a more important driver for the market than...

Do you love working 40-50+ hour weeks? Do you want to be a Wal-Mart greeter after you get laid off from your longstanding corporate job? Do you love relying on underfunded government entitlements that...

DOW – 28 = 17,897S&P 500 – 2 = 2080NAS – 7 = 493810 Y – .03 = 1.75%OIL – 1.07 = 40.43GOLD + 6.50 = 1235.10It was a pretty good week on Wall Street, even though it...

U.S. stocks closed the trading session with mild declines, but managed to post solid weekly gains as did many global equity indexes. Crude oil prices were lower, ahead of a key production meeting...

Definition: "Diversification" - a portfolio strategy designed to reduce exposure to risk by combining a variety of investments which are unlikely to all move in the same direction.Many Market Timers...

DohaWe’ve already heard a ton about the Doha OPEC meeting and what it could mean for crude oil prices. The expectation for Doha is that there really wont be an agreement to cut production or...

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This...

Today we will focus on Merrill Lynch’s monthly survey of global fund managers, who oversee around $600 billion in AUM. The majority of the time, but not always, surveys such as these should be...