Market Overview

It will be a holiday-shortened trading week due to the Christmas holiday. Markets in the US will close early on Christmas Eve, December 24th, at 1 PM Eastern and remain closed all day on Wednesday,...

Below are the top 10 events and surprises that could impact financial markets and the global economy in the New Year. These are not forecasts, but potential macro-economic, geopolitical or market...

For $20,000, you can buy a global airline pass to see the world. Or, for the low price of free, you can take a quick trip with us worldwide. Unfortunately, our global trip is not as exciting as an...

Even the sharpest minds can stumble when emotions overrule discipline in investing. History shows that caution often outlasts the allure of market euphoria. In stretched markets, staying grounded...

I never thought someone would label me a “Permabull.” This is particularly true of the numerous articles I wrote over the years about the risks of excess valuations, monetary interventions, and...

The year 2024 was full of milestones. Bitcoin (BTC) crossed the $100,000 price threshold, firmly leaving behind the perception burden of “rat poison squared.” After a rapid rate hiking cycle to curb...

The good news is that the engine of growth for the US economy is the private sector. But the government’s share of GDP isn’t trivial, which means that a potential government shutdown that could start...

Treasury yields rose sharply following the Fed meeting on Wednesday, yet they are collapsing in the world’s second-largest economy, China. While our economy is robust, large foreign economies,...

There are several reasons for adopting a cautious near-term outlook for markets, and reflation risk is arguably at the top of the list. That’s old news, but it’s a topic that’s keenly in focus after...

As widely expected, the Fed cut the Fed Funds rate by 25bps, to 4.25-4.50%, at Wednesday's FOMC meeting. Moreover, they intimated that after cutting rates by 1% since September, they are likely to be...

We got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirm that the Fed is going to be much more cautious next year with sticky inflation...

As expected, the Fed cut rates by 25 basis points, but the Fed’s positioning regarding future rate cuts caught the market off guard. Looking back, it was somewhat obvious. Earlier yesterday, I shared...

The Federal Reserve's December FOMC meeting is set to be a pivotal moment for markets. While a 25bps rate cut is a foregone conclusion, recent data showing sticky inflation and a resilient economy...

The market is confident that a 25-basis-points reduction in interest rate is a done-deal for today’s policy announcement, based on Fed funds futures. But the question of whether the Fed should cut is...