Market Overview

As we shared in a recent Daily Commentary about interest rates: The current unemployment rate is 4%, and the core PCE inflation rate is 2.6%. In December 2019, the unemployment rate was 3.6%, and...

Stocks finished the day lower, but the FX market had a lot more action, especially in the Japanese yen, which moved sharply against the Australian dollar, the US dollar, the euro, the Canadian...

US economic activity is on track to post a modestly firmer growth rate for the second quarter GDP report scheduled for release on Thursday, July 25. The estimate is based on the median estimate for a...

A seismic shift is taking place in corporate America as even more companies announce plans to relocate from blue states to more business-friendly jurisdictions like Texas. Last week, Elon Musk...

Check out these top 5 reasons why prop traders get their account banned by prop trading firms. Make sure you avoid these mistakes so you won't lose your trading account.

On December 5, 1996, Chairman of the Fed Alan Greenspan offered that stock prices may be too high, thus risking a correction that could result in an economic fallout. He wondered out loud if the...

US economic activity is on track to remain slow in this month’s second-quarter GDP report. The expansion is expected to continue via the government’s data, but today’s revised nowcast for Q2 suggests...

With both economic and inflation data continuing to weaken, expectations of Fed rate cuts are rising. Notably, following the latest consumer price index (CPI) report, which was weaker than expected,...

We’ve been here before. Markets price in high odds that the Federal Reserve will soon start cutting interest rates only to learn otherwise. Is this time different? That’s the bet again. To be sure,...

This week won’t contain all of the economic data we have seen the past couple of weeks, but there will be a Q&A session between Jay Powell and David Rubenstein on Monday, July 15, at 12:30 PM ET....

Some state that “bears are like a ‘broken clock,’ they are right twice a day.” While it may seem true during a rising bull market, the reality is that both “bulls” and “bears” are owned by the...

In May, core CPI printed at +0.29% and +0.25% on Median. But a lot of that, most of it, was core goods and the question was whether that month was a one-off due to be reversed at some point, or if...

All eyes are on the US CPI report today. Lower-than-expected numbers could boost stocks and weaken the dollar, while a surprise surge could trigger a correction. We will also take a look at what...

Judging by the analysis in some circles, a recession is a forgone conclusion. More cautious types argue that the expansion continues, but just barely, and that a formal recession will likely start at...