Market Overview

Last week was hardly a banner week, though it could have been worse and was even encouraging for bulls in some respects. The S&P 500 stands barely positive and the Dow barely negative on the year,...

Last week’s review of the macro market indicators suggested, heading into Spring, College Basketball’s March Madness, the April options cycle and the last full week of March, that the...

The Third Estimate for Q4 GDP, to one decimal, came in at 2.2 percent, unchanged from the Second Estimate. Today's number was a minor disappointment for most economic forecasts, which were looking for...

The University of Michigan final Consumer Sentiment for March came in at 93.0, up from the 91.2 March preliminary reading but down from the final reading of 95.4 in February and the 98.1 level in...

Summary: The Sentier Research monthly median household income data series is now available for February. The nominal median household income was up $178 month-over-month and up $1,409 year-over-year....

Only two of the eight indexes on my world market watch, list posted a weekly gain. The top performing Shanghai Composite rose 2.04%, with Hong Kong's Hang Seng as a distant second at 0.46%. The losses...

When investors think back to the financial crisis of 2008, one of the primary concerns for most economists was the prospect of massive unemployment over an extended period of time. These concerns were...

Market Drivers March 27, 2015 FX Listless on last trading day of the week Japanese inflation data in line Nikkei -0.95% Europe 0.10% Oil $50/bbl Gold $1198/oz. Europe and Asia:JPY Core CPI 2.0% vs....

It is a rare moment in the global economy. After years and years with bad headlines Europe is now the main provider of good news. Growth is surprising to the upside, our models are the most upbeat...

The historic and ongoing drought in California is getting harder to ignore in terms of its potential impact on the US economy down the road. The Golden State, after all, boasts the country’s...

The oil rally yesterday was driven by the conflict in Yemen as the Saudi’s led an attack – with the support of its Gulf Arab allies – against the Houthi rebel group, which is thought...

The greenback staged a reversal yesterday, and there has been follow through buying in Europe after a quiet Asian session. It seems that after last week's dramatic reaction to the FOMC, the market is...

Yesterday saw a solid surge in the US dollar across the board from fresh local lows early in the European session, the best sign yet that the USD consolidation may be over with, though we’ll...

The topic of whether the Federal Reserve can see bubbles in advance, and what they can do about them, is hotly debated. There is little agreement as to how to define a bubble, if the central bank can...