Market Overview

Stronger headwinds may be brewing for the US economic outlook, but next month’s third-quarter GDP report looks set to post a moderately firmer growth rate, based on the median estimate via...

A couple of months ago, in this article, I argued that one characteristic of higher-inflation environments is that the volatility of inflation numbers is also high.While it does not automatically...

September and October are infamous for major bouts of volatility striking markets Amid a softening consumer landscape and uncertain Fed policy, industry experts will share their insights and what...

Most investors believe that U.S. government debt is risk-free. Why shouldn’t they, every economic and financial textbook, media outlet, and bond guru say so?Did you know it used to be a fact...

Financial markets have had a bumpy ride lately, inspiring fresh concerns that this year’s rebound from 2022’s sharp loss has run its course. It’s premature to dismiss that...

We rationalize why US longer tenor rates are rising – basically, the curve is inverted and getting used to discounting structurally higher rates. If so, reversion to a normal curve must mean...

These are 5 Market Risks to Watch for September

The holiday-shortened trading week will focus more on digesting data from last week than on anticipating new data. The key data to watch this coming week is the ISM Services Index, expected to be...

Cash led the performance race in August for the major asset classes, based on a set of proxy ETFs. In fact, most markets posted losses last month. The handful of winners, in addition to cash: a broad...

Powell’s recent Jackson Hole Summit speech was mainly as expected. Well, except for the part where Powell obfuscated the truth behind the surge in inflation. More telling was the...

Higher interest rates and a stagnant economy keep bank lending on a weakening trend. Annual growth in broad money growth is now negative. This adds to expectations of a weak eurozone economy in the...

The BRICS nations are coming of age.At its annual summit in Johannesburg last week, the bloc of five emerging countries—Brazil, Russia, India, China, and South Africa—announced plans to...

After three straight weekly declines, the Global Market Index (GMI) rebounded for the trading week through Friday, Aug. 25. This unmanaged benchmark holds all the major asset classes (except cash) in...

Powell's recent statements raised the chance of a September rate hike to 20%, with November at over 50%. Bond market faces uncertainty due to the Fed's ambiguity-based policy and bond vigilantes'...