Market Overview

Tomorrow’s initial estimate of US economic activity by the government for the second quarter (scheduled for Thursday, July 27) is expected to report that a moderate expansion continues, based on...

The Federal Reserve is expected to raise interest rates by 0.25% on Wednesday to the highest since 2001. Despite hawkish warnings from Fed Chair Powell, the majority of traders are betting that this...

There’s an aspect of the higher interest rate structure we are now blessed/cursed with that hasn’t gotten as much airplay, but which is great news for dealer desks and also a good thing...

This is one of the most popular and yet misleading charts in macro.People like simple narratives: the Fed is ''pumping money'' into the ''system,'' and that's why equity markets go up. That’s...

This will be one of the busiest weeks of the year, with a flood of economic data, an FOMC meeting, an ECB meeting, and a BOJ meeting. On top of that, there will be earnings from 3 of the big seven.The...

ESG scoring and mandates remain a subject we have contested since it sprang to life in 2020. The push of “woke activism” on, and by companies, to meet nebulous or artificial standards has...

In the course of this inflation cycle – and I do think this is a cycle, and not necessarily a one-off, although the subsequent peaks may not surpass this year’s peak in Median CPI for some...

Following countless recession predictions, the US economy is still churning.In the latter half of 2022, recession announcements began in earnest. In June ’22, 68% of economists believed...

Across-the-board rallies in all the major asset classes last week strengthened year-to-date performances in markets around the world based on a set of ETFs. The downside outlier: a broad measure of...

This week’s news on consumer inflation supports the case for expecting that the Federal Reserve’s interest rate hikes are approaching the end game. The basic calculus is that are...

The Nasdaq has been the top performer on Wall Street this year, thanks to easing inflation and receding fears over further rate hikes. As such, I used the InvestingPro stock screener to search for the...

High volatility is expected ahead of U.S. CPI data release Both the CPI and core CPI are expected to decline, primarily due to the base effect And, odds of a 0.25% interest rate hike at the upcoming...

US and European stock futures are focused on one thing and one thing only, which is the US CPI data. We strongly believe that today's US inflation data will be much better than most speculators...

New York Fed President John Williams says “I don’t have a recession in my forecast.” Neither does CapitalSpectator.com. That’s not blind adherence to a central banker’s...