Market Overview

This isn’t the first time that stocks have corrected, even if it is the first time that they have corrected by as much as 4% in a long while. I point out that rather obvious fact because I want...

The Fed meets and Bernanke hands the baton to Yellen. Results materialize; new voters vote; the tapering process continues.Tapering for the rest of this year and until our central bank becomes neutral...

Thursday brings the Advance Estimate of Q4 GDP -- a rear-view metric, to be sure, and one that will be subject to two subsequent monthly revisions and a annual revision in July. Nevertheless, it will...

The Federal Reserve announced it will continue with the course outlined last month. It will reduce the long-term assets it purchases by another $10 bln in February. That will bring its purchases to...

Unwinding the US Federal Reserve's quantitative easing program was never going to be easy and it has barely started and some emerging-market countries are already running into trouble. So far the...

Last night the Turkish central bank (TCMB), at an emergency monetary policy meeting, announced an aggressive tightening of monetary conditions. The TCMB is responding to the recent sharp sell-off of...

No question, retail stocks have taken a total beating since late November, early December with a multitude of reasons for the decline.  The sector is as now oversold as it has been in the last...

-- AM AnalysisGlobal indices are in the midst of the most volatile period Global indices are in the midst of the most volatile period for equities in quite some time, spurred on by a crash - and now...

From the bully pulpits in São Paulo to the blogosphere in cyberspace, the Fed is blamed for the turmoil in Emerging Markets (EM). That’s a bit like blaming McDonald’s for obesity....

There's new data out that reflects that margin debt has increased, reaching its highest level in all of history. Indeed, current data now shows that margin debt recently surpassed levels hit in 2000,...

• Turkey's bold move surprised markets• EM currencies advanced, but not the RUB• Fed might try to slam the brakes on QE exitThe Turkish central bank’s massive rate hike (more on...

I got a lot of feedback from my January 5 blog entry because of my argument that the implementation of the reforms proposed in the Third Plenum all but guarantees that growth rates in China will slow...

From China, the second largest economy in the world, comes mixed and often disturbing news. The latest macroeconomic figures indicate a declining growth of the world's largest trading nation. The...

The first steps to quell the onslaught against emerging market currencies have started to take place over the past 24hrs with riskier currencies and shares benefiting from the central bank action....