Market Overview

The Sentier Research monthly median household income data series is now available for June. The nominal median household income was down $60 month-over-month but up $1,250 year-over-year. That's a...

Friday's release of the publicly available data from ECRI (Economic Cycle Research Institute) puts its Weekly Leading Index (WLI) at 133.4, up from 132.4 the previous week. The WLI annualized growth...

- Heavy is the head that wears the crownAmong our less prescient perspectives has been the expectation that the precious metals sector would rekindle the flame it fervently held over the previous...

Seven of the eight indexes on our world watch list gave back part of their gains from the previous week. The one positive outlier was the manic-depressive Shanghai Composite, which advanced 2.87% over...

As highlighted previously, the overextended technical condition of the dollar was expressed in a mixed performance last week. Against the top ten currencies, that dollar fell against five. The drop in...

The Central Planners who thought that buying shares to prop up the stock bubble was an excellent fix are about to find out the true meaning of toil and trouble.The actual line from Shakespeare's...

Q2:2015 US GDP Estimate: +1.9% | 24 July 2015Next week’s “advance” GDP report (due on July 30) for the second quarter is projected to show that the US economy increased 1.9%...

There’s precious little hard data at this point for profiling the US economy in July, but the preliminary numbers so far suggest that growth will prevail and the manufacturing sector’s...

Frequent readers in this space know that I focus on technicals. Quite often to the point that nothing else matters. But for the record, I live in the real world and I do see what is going on. Oh, I...

I have been bearish on China manufacturing and growth in general for years. It is no surprise to me that news is generally negative.For example, on news today that China's PMI "unexpectedly" declined...

Daily BriefingCurrencies EUR/USD: The pair is fell from its resistance zone 1.1035-1.1001 (which we mentioned yesterday) on a 4 hour time frame. The next resistance is at 1.1216 and the support is at...

A preliminary estimate of China’s manufacturing activity has declined to a 15-month low, which shows the world's second biggest economy is undergoing a slowdown.The Chinese Purchasing Managers...

The euro dipped against the U.S. dollar on Friday after the release of downbeat manufacturing and services data from the euro area.Euro area PMI manufacturing narrowed expansion to 52.2 in July from...

U.S. initial jobless claims dropped by 26,000 to 255,000 in the week through July 18, marking its lowest level since November 1973, the Labor department said on Thursday.The reading fell from 281,000...