Market Overview

Are the central banks of the world starting to lose control of the financial markets? Could we be facing a situation where the bond bubble is going to inevitably implode no matter what the central...

Broke nations are bailing out other broke nations with borrowed money. Round and round we go - where we stop nobody knows. As of April, 41 different countries had active financial "arrangements" with...

Here is a look at two key numbers in the July monthly employment report for June:Average Hourly EarningsAverage Weekly HoursThe government has been tracking the data for Production and Nonsupervisory...

Stephen Roach recently penned an article entitled "Get Ready for the Next China" outlining the transformation that China is undergoing from an economy led by investment growth to consumer growth: The...

Here are the Rest of the Top 10: Allstate, Ticker: ALLAllstate (ALL), is breaking consolidation at the 50 day Simple Moving Average (SMA) higher. It has a Relative Strength Index (RSI) that is bullish...

Indian rupee's slide to record lows has been extraordinary. It's been driven by weakness across emerging markets and rising rates in the U.S. As foreign investors exit (accompanied by domestic...

The rally continued for the second week for most of the indexes on my world watchlist after five weeks of predominant losses. The Nikkei continued its massive rebound, chalking up a whopping 4.63%...

As we talked about last week, the “forward 4-quarter” estimate for the SP 500 reached a new record high this week of $116.67. The p.e ratio on the forward estimate is 13.99(x). The...

Here is the lead paragraph from the Employment Situation Summary released this morning by the Bureau of Labor Statistics:Total nonfarm payroll employment increased by 195,000 in June, and the...

In the upcoming week, second quarter earnings season formally kicks off with the much-anticipated earnings report from Alcoa (AA). Also, JP Morgan Chase (JPM) kicks off financials earnings while Yum!...

Happy, Happy, Happy… As a Hog!Gold has fallen and it can’t get up. The not-so-precious metal dropped 14% in June alone. However, not all commodities are getting clobbered.Take the...

The military coup finally did happen in EgyptBrazilian President Dilma Rousseff approval rating collapsedTurkish CPI surprised on the upside – by a lotThe Indian cabinet agreed to a doubling of...

The euro slipped lower on Friday after the European Central Bank's monthly policy meeting indicated that the bank would continue with low interest rates. The common currency traded at $1.2894 at 6:05...

While most Americans were eating hot dogs and celebrating the birth date of the United States, the Bank of England and the European Central Bank took unprecedented steps in launching forward guidance...