Market Overview

The first half of Friday did indeed see the dollar looking weak but, sporadically across the pairs, did turn back higher in the second half of the day – even to see a new low in EUR/USD and in...

There are three things that will command investors' attention in the week ahead. The first, and most important, is whether the global capital markets will continue to move toward stability after the...

Let’s face it: Bad news sells. Doomsday scenarios often capture widespread popular attention particularly well. We live in an age of insatiable demand for content from the financial press....

Turkey has formed an interim government, but the AKP is slipping in the polls. The South Africa Reserve Bank (SARB) is debating FX intervention, but sending confused messages. Korea steps up its...

A gradual recovery in China and oil prices should stabilise the emerging market turmoil.US and euro growth data still robust. Rising pressure for more QE from the ECB points to lower yields short...

Unless you’ve been living under a rock, you know that stock markets around the world suffered a major blow on Monday.All three major U.S. indices ended the day in full-blown correction...

The chaos in the world markets over the past few weeks has been blamed on everything from a slowing China economy to the ideology of austerity.Follow up: Professor Paul Krugman believes the cause is a...

The big story this week was obviously the Chinese stock market. Although the government threw literally every possible policy at it in an attempt to thwart the decline, the market moved lower. But...

VIX rocketed to 53 on Monday morning, followed by a pullback to its Megaphone formation. While there was a huge push-down in VIX, the VIX ETFs had their shorts squeezed. An interesting dichotomy. The...

Qatar’s consumer price index (CPI) inflation remained moderate in the first seven months of 2015. According to the Ministry of Development Planning and Statistics (MDPS), consumer price index...

Still "Too Early"After all the hemming and hawing by nearly every Fed governor, and despite the fact the Fed has to do something in just over two weeks, the Fed still does not know what to...

We took a little vacation over the weekend before Black Monday, August 24th, 2015. Having just finished contemplating and describing the fear and volatility left over from the previous week, I felt...

After a week of steady declines, investors woke up Monday morning to a huge sell-off as both the S&P 500 and Dow dropped hugely in the early minutes of trading. The Dow plummeted nearly 4% before...

One of my constant themes over the past few years is the underfunding of state and local pension plans. Illinois is particularly bad, but let's look at some aggregate data.The National Association of...