Market Overview

If you want to understand why our economy is stagnating and wealth inequality is rising, look at the rise of rentier skims and the resulting decline in wealth creation.To understand why the real...

The September US jobs data was stronger than expected. However, US interest rates pulled back after initially moving higher. US rates are edging lower today.     This week's labor...

IMM data released last Friday revealed that investors added net-long USD positions in the week to 30 September. The move is notable for three reasons. First, it reflects speculations of strong...

Market movers today Focus will be on German factory orders and we forecast a decline of 1.5% m/m in August. The first print of Q3 showed a significant rebound in factory orders, as it increased 4.6%...

In Sweden , the week ahead contains little data of acute relevance. We, nonetheless, find it interesting that the monthly government net lending (budget balance) (published Tuesday, at 09:30 CEST) has...

Gary Savage is an expert cycle trader and publisher of a successful market newsletter. His writings strongly influenced my own shift toward cycle methodology many years ago, and although our...

We can look back to the 2008 global financial market meltdown and cite any number of warning signs that became so painfully obvious in hindsight. Perhaps the clearest warning sign that trouble...

There is another newly emergent tail-risk that investors should start to keep an eye on in Asia. No, it's not Hong Kong, which is already in the headlines, but Korea. Over the weekend, a high level...

There certainly has been no sign of inflationary pressure on wages in US employment reports this year, including the most recent one for September, released on Friday. Fears that the tightening labor...

This Week’s Market-Moving EventsEarnings season will give the market a chance to take stock of current valuations. Headliners this week include announcements from Alcoa (NYSE:AA), Yum! Brands...

In the wake of his rock star reception at Madison Square Garden last Sunday, Prime Minister Narendra Modi has emphatically announced to our nation’s top corporate and political leaders that...

Some cite falling junk spreads as a reason to sell stocks. While junk spreads represents a component of a broader message, it's not the message of the market. The message of the market— the...

The expected risk premium for the Global Market Index (GMI) dipped moderately in September vs. the previous month. GMI, an unmanaged, market-value weighted mix of the major asset classes, is currently...

The main theme in Asia and Europe has been a somewhat heavier dollar tone, against the major and emerging market currencies. There has not been much of a fundamental driver as perhaps a bit of caution...