Market Overview

Over the past three months and especially the past month, the dollar has fallen against all the major currencies but the British pound. Sterling's underperformance can largely be explained by...

The eurozone remains in a deep, largely macro-economic crisis. A robust global economy and falling oil prices have supported Europe’s economy for some time, but by now it is clear that the...

I wish I had the answer to correct the wealth imbalance between the average Joe and the ultra-rich. Personally I see no evidence that taxing the crap out of the rich to gift the poor will do anything...

Of the troubled companies in the wake of the financial crisis AIG was the most troubled. It received a staggering $182.3 billion in bailout money, and few people believed it would ever be able to pay...

We have a heavy macro week ahead with plenty of data releases from China. This includes CPI and PPI on Monday. Head Analyst Brenda Kelly says Friday is the big day for Asia with the release of Q1 GDP...

The Federal Debt:The current amount the U.S. government owes is over $19 trillion, and therefore it is mathematically impossible to pay back. They will never be able to pay this back. Central bankers...

Francois Perol, CEO of BPCE, France’s second-biggest bank, is more worried now than he was in 2009.“It was 100 percent clear what had to be done in 2009,” said Perol, who cited...

In the wake of a huge plunge in wholesale inventories that still left the inventory-to-sales ratio in the stratosphere, the Atlanta Fed GDPNow Model plunged to +0.1% Latest forecast: 0.1 percent...

Not to continue beating a dead horse, but I have a stick and the carcass is right in front of me. The entire supply chain inside the US economy is full agreement both on where the economy is right now...

In July last year, the BEA reconfigured its GDP benchmarks to incorporate the results of the comprehensive 2012 Economic Census. That broad and deep survey found much less “recovery” than...

Last week’s review of the macro market indicators heading into the first full week of April saw the equity indexes looking strong and ready to make another leg higher. Elsewhere looked for gold...

Today's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 133.2, up 0.2 from the previous week. The WLI annualized growth...

ES (Emini S&P 500) already has recovered half of yesterday's decline, and is approaching key resistance at 2057/62, which if hurdled and sustained, will argue strongly that Thursday's breakdown...

Although there is no convincing technical evidence that the dollar's retreat in Q1 is over, we suspect it is nearly complete. We will be especially sensitive to reversal patterns, divergences with...