Market Overview

EUR/USD Today’s support: - 1.3083, 1.3062 and 1.3028(main), where correction is possible. Break would give 1.3019, where correction also may be. Then follows 1.3002. Break of the latter would...

No, this is not some witless self-help book. Rather, Everybody Ought to Be Rich (Oxford University Press, 2013) is, as the subtitle says, an account of The Life and Times of John J. Raskob,...

Last Friday's U.S. jobs report pushed the unemployment rate down to 7.5 percent. If the current trajectory in the unemployment rate continues and core inflation picks up, the Federal Reserve may hike...

The European Central Bank’s decision to cut interest rates last week sparked a rally in bonds. Ten-year German Bunds, for instance, dropped to a record low shortly after the ECB all but admitted...

The U.S. stock markets reached new highs on Friday. The S&P 500 index smashed through the 1600 mark for the first time in history. All 30 companies on the Dow Jones Industrial Average rose as the...

Asian markets opened generally higher today in response to the positive U.S. job market data. Major indices maintained gains at the time of writing, except for some weakness in the Nikkei. In the...

“The major revolution in the last decade is the recognition of the “law of maximum entropy production” or “MEP” and with it an expanded view of thermodynamics showing...

The world is changing because it must change. When the unemployment rate hits 27 percent, as it now stands in Spain, something more is going on than just a business cycle.Unemployment is also above 27...

Credit Union Failures: NCUA Reports 7 Credit Union Closings in 2013The NCUA has reported 7 credit union failures, including 6 liquidations, in 2013: Closed and Liquidated * Lynrocten Federal Credit...

If there’s one thing firms must have a strong grasp on in the financial markets, it’s data. These days, it comes from every direction possible, and it comes quickly. But to take full...

This Great Graphic was posted on Barry Ritholtz's Big Picture blog, which he found on Calculated Risk. We have run this chart before and we thought an update would be useful. It shows how...

The worldwide rally continued last week. Seven of the eight indexes on my watchlist posted big gains. But this past week the Nikkei 225 replaced the Shanghai Composite as the lone loser, down 1.37% in...

If you think that the latest employment numbers are good news, you might want to look again. In April 2013, 58.6 percent of all working age Americans had a job. But three years ago, in April 2010,...