Market Overview

“We are pleased to announce the signing of the Treaty for the establishment of the BRICS Contingent Reserve Arrangement (CRA) with an initial size of US $100 billion. This arrangement will have...

Thursday’s a slow day for Eurozone data and so the report on new industrial orders for Spain will draw close attention as the crowd looks for additional clarity on the wobbly state of macro in...

Yesterday, Chairwoman Janet Yellen presented the Federal Reserve's Semiannual Monetary Policy Report to the Congressional Committee on Banking, Housing, and Urban Affairs. While the financial markets...

Staying with the theme of central banks dampening market volatility, China's central bank (the PBoC) has learned this game as well. China's short term rates had experienced enormous volatility last...

ZIRP Policy & Asset ValuationsThe conditions in so many asset classes are unsustainable from a price perspective once interest rates rise even under a “new normalized rate...

A snapshot view of yesterday’s New York - London session with technical notes.Fed Chair Yellen rejected a proposal to use mathmatical formula to guide interest rate decisions. "It...

The European Union is on the verge of announcing new broader sanctions against Russia. They will not go as far as stage three sanctions, which could include sanctions on whole sectors of the Russian...

China’s real GDP rose 7.5% y/y during Q2-2014, up slightly from 7.4% during Q1. More interestingly, real GDP rose 7.9% during Q2 at a seasonally adjusted annual rate, up from 5.7% during Q1, the...

The above chart is the Silver-Gold ratio. Strong rallies in both metals often take place when this ratio breaks above key falling resistance over the past 15 years. At this time the ratio remains...

The S&P 500 closed up Wednesday at 1981.57 +8.29, yet should have closed far higher considering the hugely positive news we've seen, starting with Tuesday morning when both J P Morgan Chase &...

The ECB seems to think that cheap multi-year loans will get the European banks to resume their lending to small and medium businesses and households. However, European banks remain saddled with bad...

Retirement: Is Your Due Diligence Complete?While building a growth-and-income portfolio for retirement, many investors have properly addressed steps 1, 2, and 3 in the list below. As we will...

The minutes of the most recent FOMC meeting, released last week, have gotten much attention. This is in part because of details the Committee provided regarding its discussions about framing the...

Housing starts are expected to total 1.017 million in tomorrow’s update for June, based on The Capital Spectator’s median econometric point forecast (seasonally adjusted annual rate). The...