Market Overview

Canada – In September, the merchandise trade deficit narrowed to C$0.4 billion, its smallest since March, from C$1.1 billion in August (revised from C$1.3 billion). This was much better than the...

In her Senate confirmation hearing yesterday, the future Fed Chair clearly stated that she would not make any major changes to the measures implemented by the country’s central bank. She...

Has the market crossed the Rubicon again? In early May of this year, right about the time the stock market usually lies down for a while and takes its usual breather from the April rally, two...

In the early days of television (starting in 1955), one of the most popular programs was The Lawrence Welk Show. The audience demographic can be inferred from the sponsors, which featured Geritol...

Today’s data calendar is light, with the US industrial production data being the most important item. The Eurozone consumer price index should just confirm the earlier terrible flash release,...

Home prices, as with aggregate wealth, only really ever increase at the rate of population growth. So if the population of households and home owners is actually declining, as it is today, what does...

CurrenciesEUR/USD – The pair reached a one-week high yesterday, trading at 1.3499 before retracing back to 1.3465 which left it down 0.2% on the day. The reason behind the fall back was the slow...

Last month, Americans were transfixed by the amateur theatrics undertaken by the Washington political establishment in connection with the debt ceiling crisis. The bad faith, poor tactics and...

China has unveiled its most sweeping reform agenda in more than 30 years, after a meeting of key Communist Party leaders in Beijing last week. The agenda aims to transition China to a more free-market...

US industrial activity dipped last month, falling 0.1% in October vs. forecasts that called for a slight rise. The decline was due mostly to lower ouput in mining and utilities. By contrast, the...

Richard Duncan—author, former specialist at the World Bank and consultant to the IMF—says the Federal Reserve plans to stimulate the stock market by 10-15% each year for the next two...

Per ThomsonReuter’s “This Week in Earnings” published late Friday, 11.15.13, the “forward 4-quarter estimate” for the SP 500 slipped to $117.88 from last week’s...

The foreign exchange market is digesting this week's developments, and especially signs that the period of peak liquidity remains for the foreseeable future. At her confirmation hearings, Yellen gave...

The strong jobs market report last week started the chatter again that the Federal Reserve would start to reduce the pace of its quantitative easing program. Some have said the Fed will reduce the...