Market Overview

US markets will be closed today, making for another short week. This will be an option expiration week with the VIX on Wednesday and Monthly stock OPEX on Friday.This will open a window for increased...

In the most recent BLS employment report, the percentage of full-time jobs relative to the population dropped sharply.The robust headline number of 216,000 led most media commentators to suggest a...

I’m changing the way I do the monthly CPI analysis. Doing it live for an audience was always stressful, especially with the inevitable data issues from time to time.Of course, as an inflation...

After a gentle disinflationary easing (Goldilocks), the bond market is hinting at an inflationary steepening of the 10-2 Year Treasury Yield Spread.A yield curve can steepen under inflationary or...

In December, the consumer price index (CPI) in the United States rose by 3.4% year-over-year (YoY), marking the highest increase in three months, as reported by the U.S. Bureau of Labor Statistics...

Watch below my quick take on this morning's US inflation and jobless claims report and what it means for stocks and the US dollar trades.

The S&P 500 finished the day higher by about 60 bps, while the S&P 500 Equal Weighted finished the day higher by just 17 bps. It again shows how the indexes are diverging and returning to...

Market narratives have been around for ages. However, the internet and, more recently, social media allow narratives to spread much quicker. Accordingly, they have become more frequent and potent...

Much of what is thought and believed about the stock market is based upon fallacy and a lack of understanding, which was easily seen in the comments section of one of my recent articles.It seems that...

During the last week of December, I polled my Twitter followers for their outlook on the markets and the economy for 2024. The results were quite interesting, but before we look forward, we must look...

It was one of those days; as soon as I woke up, I knew it could be a long day because the VIX was up probably more than it should have been for flat futures.If it feels like Deja Vu, it is probably...

The runup in yields for most of the major asset classes has peaked, based on the trailing 1-year payout rates for a set of ETFs through Friday’s close (Jan. 5, 2024).That’s hardly...

This week will be another in-focus week, with the CPI and PPI reports coming toward the week’s end.Additionally, 3 Treasury auctions will be front and center as well. This will follow a fairly...

Treasury yields surged on Friday after the NFP report for December exceeded expectations, raising questions about the Fed's plans for a dovish pivot. The December non-farm payroll (NFP) report...