Market Overview

I am continually fascinated by how many second-order ‘understandings’ are missed, even by those people who have a really good first-order understanding of finance. For example, every financial...

Overall, the macro & liquidity conditions are still positive for risk assets. While equity market valuations are rich, especially in the US, earnings growth momentum is accelerating, and market...

Over the weekend, President Trump announced tariffs of 25% on both Canada and Mexico, as well as a 10% tariff on China. Such was not unexpected, as contained in the Trump tariff Executive Order....

Since many of you were not trading through the wild Trump 2.0 years, I felt that it was important to share my tips on how to navigate the market volatility. Don't miss this 2025 Day Trader Survival...

Q4 S&P 500® EPS growth expected to come in at 13.2%, the highest growth rate in three years. Large-cap outlier earnings dates this week include: AMD, JNPR, HON, ALGN. Peak season begins...

Nvidia’s (NASDAQ:NVDA) market cap dropped, DeepSeek continues to disrupt, and European banks outperformed the Mag 7. Here are the last seven days in seven charts. 1. $590 Billion Dollars of Nvidia...

The markets certainly didn't give a ringing endorsement to Trump 2.0 tariffs announced on Friday: 25% each on Canada and Mexico and 10% on China. During his presidential campaign, Trump talked about...

The Fed’s meeting lived up to expectations: boring. Boring is fine. They kept the federal funds rate unchanged at a range of 4.25% to 4.50%. The only market reaction resulted from some heavy-handed...

The standoff between Donald Trump and the US Federal Reserve is intensifying. The Fed kept rates on hold this month, much to the US President's displeasure. Our James Knightley looks at where the...

Robust activity, a solid jobs market and sticky inflation justify the Fed's decision to hold interest rates steady. The hawkish tilt from officials may in part be a message to President Trump that...

Stocks finished the day lower after the Fed held rates steady and signaled a more patient approach. If you listen to Powell’s talk, the takeaway is that the Fed is in a good place, and it sounds like...

Representative Alexandria Ocasio-Cortez, aka AOC, recently railed against the President when he threatened Colombia with tariffs if they should refuse to accept their citizens being deported back to...

Ford F, Costco COST, and Charles Schwab SCHW will issue monthly updates in the sessions ahead, offering clues on the state of the US economy. Q4 earnings reports are coming in fast, but...

Economic output in the fourth quarter is expected to increase at a solid rate in this week’s initial GDP estimate from the Bureau of Economic Analysis. Thursday’s report from the government (Jan. 29)...