Market Overview

Regular readers know how highly I regard the prescient investment insights of Doubleline’s Jeffrey Gundlach. A month ago, Investment News laid out "10 Spot On Predictions by Mr. Gundlach." His...

Maybe the spring slowdown isn’t as slow as we thought. Private-sector payrolls increased by a net 176,000 in April on a seasonally adjusted basis, or roughly in line with expectations, the Labor...

The fact is, all traders, investors, and yes market timers, feel fear at times, at some level.What is important is how we address it. Knowing the definition and reasons for fear can actually help...

The US jobs report offered a pleasant surprise after the string of mostly disappointing data. Private sector employment rose 165k and the Feb and March series were revised up by 114k jobs. The 3-and...

upward surprise + upward revision in #Payrolls – not too shocking, as I pointed out in last article. Weak hours though…Here is part of what’s happening in #payrolls: more jobs,...

The yen, and to a slightly lesser extent the dollar, were broadly lower last week as risk markets rallied on central stimulus. DOW breached 15000 handle before closing at another record high of 14973,...

One of the casualties of the sub-prime crisis in the U.S. has been the manufactured housing sector. Mortgages against manufactured homes have generally been significantly more expensive than those on...

It is remarkable to watch how some repressive governments attempt to address their nations' problems by temporarily plugging economic holes with populist programs (some may argue this applies to the...

Everyone knows that asset prices are being supported by central-bank money printing called quantitative easing. Central banks such as the Federal Reserve (FRB), Bank of England (BoE) and, now, the...

The euro settled at $1.31 on Friday morning after taking a hit on Thursday following the European Central Bank's monthly meeting. The bank lowered interest rates by 0.25 percent on Thursday, causing...

ECB members clarify possibility on negative ratesEU Commission paints a gloomier picture for EuropeNotes/Observations(CN) China Apr Non-Manufacturing PMI: 54.5 vs. 55.6 prior (14th straight month of...

Asian markets mixed with Japan closedinvestors await U.S. employment dataEconomic Data(CN) CHINA APR NON-MANUFACTURING PMI: 54.5 V 55.6 PRIOR (14th straight month of expansion)(AU) AUSTRALIA Q1...

Market DriversNowotny downplays deposit rate cut sending EURUSD higherUK Services PMI beatsNikkei -0.76% Europe -0.11%Oil $93.68/bblGold $1476/oz.Europe and AsiaAUD AiG Performance of Service Index...

Positive sentiment driven by ECB and U.S. jobless claimsChinese service sector PMI fell to 54.5 in AprilHollande says he needs Merkel to meet him halfway on banking unionMarkets Overnight The positive...