Market Overview

Here is a summary of the four market valuation indicators we update on a monthly basis.The Crestmont Research P/E Ratio (more) The cyclical P/E ratio using the trailing 10-year earnings as the divisor...

'Twas the night before Draghi, when all through the market Not a trader was trading; they were waiting for their targetsThe trading plans were hung by the monitors with care, In hopes that a tradable...

Defying the expectations of a few months ago, Greece remained in the Economic and Monetary Union. It recently succeeded in implementing sufficient reforms to earn another tranche of aid. However, the...

Despite a slowdown in China, a prolific trade partner with Australia, GDP from the latter country grew by at a significant 2.50% annualized pace according to third-quarter results. The surprising...

US stocks advanced on Tuesday as investors brushed off mixed US economic data. The S&P 500 gained 1.07% and the Nasdaq Composite rose 0.9%.The dollar weakened after weak US manufacturing data and...

No inflation in EuropeNot surprisingly, we learned a little earlier this morning that eurozone inflation for November was virtually non-existent, with prices growing only 0.1% on an annualized basis....

Euro area HICP inflation surprised on the downside as it remained unchanged at 0.1% y/y in November (consensus and Danske Bank 0.2% y/y). Core inflation was also weaker than expected as it declined to...

Up! Buy the dips! What could possibly go wrong? A hell of a lot, actually, so investors might want to take precautions before, rather after, bad things happen to one’s portfolio. We take a stab...

Euroarea HICP inflation is expected to rise from 0.1% y/y to 0.2% y/y in November with core inflation flat at 1.1% y/y, in line with consensus, markets are still very much expecting that Draghi will...

The anticipation is nearly over. The softer than expected preliminary EMU inflation figures encourages expectations for the more aggressive range of actions by the ECB tomorrow. Draghi has claimed...

While the bulk of this week’s key economic events will happen in its final 48 hours – ECB decision, U.S. jobs report and OPEC meeting – there are a number of important economic...

U.S. stocks regained some ground on Tuesday after the previous session’s declines, shrugging off weak manufacturing data. According to the most recent reports, U.S. manufacturing has contracted...

Waiting on MarioThe pre-event malaise that falls over currency markets in the lead-up to big announcements is starting to creep in. A poor US manufacturing release yesterday afternoon twinned with...

Dollar weakened mildly overnight on comments from a Fed official as well as disappointment from manufacturing data. The dollar index is trading back below 100 handle for the moment but stays well...