Market Overview

How quickly we forget about the power of compounding interest – in reverse.The world is limping along at ultra low interest rates. Otherwise benign movements from such extreme lows are magnified...

The Greece cabinet is ready compromise on tax hikes and pensions. But what does "compromise" really mean? Will Germany go along?The devil is in the details and we have no details. But we do have this...

Each week I read dozens of transcripts from earnings calls and presentations as part of my investment process. Below is a weekly post which contains some of the most important quotes about the economy...

Overnight and early tradingThe ASX has opened higher on hopes of a Greek debt relief deal and China's share rally. At 11:37am, the benchmark S&P/ASX200 was up 0.81% to 5,515.10 points. US stocks...

With the return to a currency that can be devalued at will by its own government being spoken of in some quarters as part of the solution to Greece’s economic malaise, this is an opportune time...

We are now well into the 3rd quarter of 2015 and the future economic picture for the U.S. is about as clear as mud! 2013 began with almost zero growth in the first quarter, but quickly gained momentum...

Source: www.stockcharts.com The world it seems can no longer escape Greece. The newspapers and the internet are abuzz with comments and analysis about Greece. Greece appears poised to continue to...

This morning the Shanghai Composite Index is reclaiming part of the ground it had lost recently, but it is still in a major deficit position when considering recent weeks. To avoid a disaster, more...

Until a few weeks ago it seemed as though the FED was preparing to list interest rates mid year. This did not materialize however, and the spread between long and short term rates remained...

Investors love acquisitions, and for good reason.If you own the acquired company, your holdings typically see large returns. If you own the acquirer, potential synergies promise ever-higher...

Market Drivers July 09, 2015Gloomy comments suggest Greece may be sliding towards GrexitAU employment beats on all frontsNikkei 0.60% Europe 0.95%Oil $52/bblGold $1162/oz.Europe and Asia:AUD AU...

The oil price has dropped 7% since last Thursday and is still trading below USD60/bbl, which is the lowest level since April. Related to this, market-based inflation expectations are lower reflecting...

EUR/NOK has spiked significantly higher in move resembling the Dec 14 sell-offOur short-term financial model explains only 60% of the move. This suggests that the remaining 40% is due to an increased...

Market Movers The Chinese stock market has - at least temporarily - replaced Greece as the main driver of risk sentiment. Risk sentiment today will largely be determined by how successful the Chinese...