Market Overview

With first quarter 2015 earnings season beginning to hit full stride in the coming two weeks, earnings growth expectations for Q1 2015 are now negative at -4.6%. The last negative quarterly growth...

The lumber market has been more unsteady than oil-reliant economies in the Middle East recently.That’s because the industry has been forced to react to a number of factors largely outside of its...

Hillary Clinton confirms she’s running for US presidentLast Friday, employment figures released for Canada were a pleasant surprise for analysts, as 28,700 jobs were created in March,...

The world rally surged higher in (for most of the eight indexes on this watch list) a holiday shortened week. Hong Kong's Hang Seng rose a whopping 7.90% with the Shanghai Composite a distant second...

At today’s prices, even the widest-eyed permabull is going to have a hard time arguing that U.S. stocks are “cheap.” With the S&P 500 trading at a trailing P/E ratio of 19.6,...

The other day someone was asking me for a simple explanation of how MLP General Partners (GPs) enjoy a superior position to those of the LP unitholders in the MLPs they operate. There are many ways to...

Astute market observers are likely aware that Mr. James Dimon (JPMorgan Chase (NYSE:JPM)'s Chairman and President and Chief Executive Officer, like so many folks in this economy having to hold down...

Fed Funds Effective rate in January was 0.09, today 0.12 but highs of 0.13 were seen. The point at 0.09 was the 5 year average in January, today that average is 0.12. What's vital concerning the 5...

In our view, China can continue to rise for some time due to a bullish Chinese government attitude toward economic expansion. Clearly, the leaders of China want to ramp up the GDP growth rate....

The Greek drama continues to unfold. Greece has just made a €450 million payment to the International Monetary Fund, and although Greek finance minister Yanis Varoufakis has made assurances that...

The rally in the Shanghai stock market that began last year has seen the index rise nearly 90 percent since July 1, 2014 -- from 2050 to 3860 as of this writing. The Shanghai and Shenzhen stock...

Focus of the day: "EUR": Remain Bearish. Bearish. While a period of USD correction could slow the pace of EUR depreciation somewhat, we think most support will be in high yielding currencies where...

In an interesting development, I read this week that the Controller for the City of New York is upset at the fees their pension fund is paying because of a lack of performance. As someone who...

-- VIX extended its Master Cycle low, three weeks later than the usual time.It occurred in the form of a rare triple zigzag formation. This leaves the “fear indicator” not positioned to...