Market Overview

The Fed is expected to maintain interest rates at its March 20 meeting. Recent U.S. inflation reports have reduced expectations for a rate cut by June. Nike & FedEx to report Q3 earnings on March...

A new round of nowcasts continue to estimate that US economic activity will downshift in next month’s release of first-quarter GDP data. Today’s revised estimate is based on the median for...

Stocks finished the day lower following a hotter-than-expected PPI report, which sharply increased rates and the dollar, helping widen credit spreads.The 10-year rate rose by ten bps on the day, and...

Super Tuesday was, if I may, super obvious. Former President Donald Trump clinched nearly every delegate that was up for grabs last week, forcing his Republican challenger, Nikki Haley, out of the...

The mixed news on inflation earlier this week and today didn’t help, but neither did sticky inflation news derail expectations that the Federal Reserve will start cutting interest rates in June....

Stocks finished mostly lower on the day, with the S&P 500 dropping 19 bps and the NASDAQ 100 falling by 83 bps.Today, we get PPI and Retail sales, and based on the VIX 1-Day, the market...

Social media users claiming to be Bougie Broke share pictures of their fancy cars, high-fashion clothing, and selfies in exotic locations and expensive restaurants. Yet they complain about living...

I must say that I didn’t see this one coming. Credit where credit is due, though: while Street economists were just a little low (consensus was +0.40% headline, +0.30% core), the CPI swap market...

Today's spotlight is on the crucial US CPI report, with estimates suggesting potential declines in both the monthly and annual core CPI. Market expectations project a decrease in the annual Core...

Friday’s payrolls data for February dispatched another upside surprise, reaffirming the now-consensus view that recession risk is low for the US economy.Hiring rose 275,000 last month, beating...

Animal spirits are running loose. Bitcoin just hit all-time highs; NFTs of penguins and monkeys selling for over $500k; Virtually bankrupt stocks like Carvana (NYSE:CVNA) rallying to the...

This week will be dominated by inflation data and the bond auction returning to the 1 PM ET time slot. Today, a 3-year Treasury auction will be at 1 PM ET.Tuesday will release the highly anticipated...

The Biden team keeps talking about how they can’t believe how underwater the President’s poll numbers are when the economy is so frickin’ good. “As soon as people figure out...

Several indicators of investor sentiment are showing rising “greed” levels. And when investors get greedy, it tends to imply that we are nearing a top.But, I am unsure why greed levels are...