Market Overview

EURUSD – 1.3400 The Current Hurdle For the third time now the Euro has failed to close above the 1.34 figure in the last 3 months on 3 attempts. The pair last week sold off for 4 days, only to...

To paraphrase Voltaire, this is the worst of all possible worlds. Market agents confront a Fed two-step, Fed double-whammy dilemma. Meanwhile, economic indicators are mixed and outlook is uncertain. ...

The equity markets are a tricky game. That being said, options are even trickier, considering you not only have to get the direction right but also the timing. Some claim option trading is pure...

Following four months of contraction, export container counts are unchanged year-over-year while economically intuitive imports grew in July.For the month of July 2013, the economically intuitive...

We have in recent weeks (see here and here) identified four primary drivers shaping the investment climate: speculation about Fed tapering, stabilization of the Chinese economy, the reflation story in...

The past week has shown more strong data out of the US and Europe. For the equity markets, the data turned out to be a little too strong. Risk assets have been performing on a cocktail of signs of...

Review Expectations of the Fed scaling down its asset purchases have been the main theme this summer and interest rates have increased significantly since the beginning of May. The recession in the...

Sell 5YSEP12, Buy Bobl SEP12 Open position @ +95bp. Potential target @ +105bp, stop @ +88bp. Carry (3M) -0.1bp per month. Swedish data lagging behind euro figures Some potentially important macro...

First, let’s thank John Mauldin for his gracious comments this week in his Thoughts from the Frontline newsletter. John described our recent gathering at Leen’s Lodge in Grand Lake Stream,...

Last week I predicted that the major theme for the week would focus on whether or not to book profits for the year – especially given the test of 1700 in the S&P 500. That turned out to be...

The stock market is right on schedule, as it’s been all year. Spring rally, end-of-spring drop. Rally in the latter part of June until the third week of July, early August pullback. Stocks are...

The latest default bull argument supporting higher levels of growth in China than I believe possible is the urbanization argument. Beijing is planning another major urbanization push, and according to...

There is an idea popular in certain circles that low interest rate policies are stealing from savers. When the economy went into freefall in 2008, central bank interest rates were lowered to the zero...

Last week we looked at trading fears that can keep you from making the profits that experienced market timers consistently realize.It is not the timing strategies that keep timers from being...