Market Overview

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...

Nonfarm payrolls send USD sharply higher. The DXY dollar index, a gauge of the greenback’s value against six major currencies, surged to a four year high after the strong employment report...

EUR/USDToday’s support: - 1.2498 and 1.2470(main), where correction is possible. Break would give 1.2448, where correction also may be. Then follows 1.2420. Break of the latter would result in...

Looking at the Monday session, there’s very little to move the market initially, with only the German Factory Orders month over month numbers coming out. Anticipated to be -2.5%, the market most...

Talking Points: US Dollar Advances Most in 16 Months, Hits Four-Year High S&P 500 Attempting to Break Out of Two-Week Down Trend Gold Aims to Extend Decline After Sliding to a 10-Month Low US...

Summary:  We’ve reached a critical point in this business cycle. We enjoyed the years of fiscal and monetary stimulus; now comes the dismount. Only after the stimulus ends will we learn the...

An era is ending: for over half a decade, nearly worldwide, zero interest rates suppressed volatilities. That is over. The first sign of this evolution came over a year ago when the bond market...

Falling unemployment in the US points to a strengthening economy The Federal Reserve may raise interest rates sooner if growth picks up There are stark differences between the vacillating ECB and the...

LOOKING BACKThe previous week seemed to be a mirror as we once again saw credit tighten for the week, equities continue to bleed and the US Dollar go from strength to strength – looks like...

It has been at least a few weeks since I’ve updated the blog and the newsletter properly. I have finally finished my trip traveling through Asia and now find myself back in the office doing the...