Market Overview

Those betting against Goldman Sach’s retail investment advice have generally been on the right side of things.The same thing is about to happen again. “Short gold! Sell gold!” said...

For several years now, I have expressed concern about the accumulation of debt by governments, corporations and households. Some folks seem to recognize that – across the board – total...

Well, the central bankers are really beginning to fail in a very public way. Kuroda has obviously made a complete mess of the senior citizens colony known as Japan. Yellen has, so far, been given a...

This Great Graphic shows the results of the last three Wall Street Journal surveys of business and academic economists on the outlook for Fed policy. The key take away is that despite all the talk and...

When it comes to trading and investing, knowing what strategy to use when is often half the battle.Take a look at Merck & Company (NYSE:MRK) in Figures 1 and 2. As you can see, following the...

From top to bottom of the ladder, greed is aroused without knowing where to find ultimate foothold. Nothing can calm it, since its goal is far beyond all it can attain. Reality seems valueless by...

One, two, three or four rate hikes?The minutes of March’s FOMC meeting were released yesterday, revealing that a divide exists within the committee. In concrete terms, Fed members always attempt...

Currencies EUR/USD: The pair is trading above its upward trend line on a 4 hour time frame. The next support is near the 1.1143 level and the resistance is at 1.1493. USD/JPY: The pair has...

Skill is a slippery concept in finance, courtesy of the shady influence of chance in asset pricing. It’s also an awkward topic in just about every corner of money management because discussing...

The FOMC minutes revealed some hawkish opposition among the members, but the majority preferred to sit on the safe, dovish side of the bench. This was not the case for Bullard, who insisted that the...

U.S. futures look to be paring yesterday’s gains ahead of the open on Thursday, as investors look towards this evenings panel discussion with Fed Chair’s past and present.The program is...

At the turn of the year, the odds of an April hike from the Fed were relatively healthy. Not so now, however, as the minutes revealed a number of Fed members were anxious that lifting rates in April...

Today is a quiet day in terms of data releases. However, there are a few events that may turn out to be interesting. The most important release today is the Chinese FX reserves.In the euro area, the...

European futures are pointing to a positive start to the session on Thursday, buoyed by decent gains in the U.S. overnight and the dovish minutes from March’s FOMC meeting on Wednesday.While...