Market Overview

The markets are once again testing the Fed The Fed's forward guidance doesn't seem to be working anymore It may result in the Fed discussing further balance sheet reduction to tighten financial...

The World Economic Forum (WEF) delivered its Global Risks Report for 2023. Ahead of the WEF’s Davos meeting, the report runs down global challenges businesses and individuals will likely face...

Inflation cooled down to 6.5% in December, compared to consensus estimates of 6.5%, according to the new CPI print. Core CPI stood at 5.7%, while economists expected a 5.7% annual increase.Core CPI...

Recession forecasts are flying left and right lately, but the main pushback is the labor market. The growth rate for nonfarm payrolls is slowing, but gradually and the latest numbers for December...

Asia Asian markets have also joined a bull market. After being mired in a downward spiral for most of 2022 due to fears about the economic toll that viral restrictions would take, the...

December's CPI expected to show slowing inflation Q4 2022 earnings season begins with large Wall Street banks reporting Markets continue to focus on "bad news is good, good news is bad" theme Fed...

Several estimates of fourth-quarter economic activity for the US have turned higher recently. The improvements clash with ongoing recession forecasts, but for the upcoming Q4 report the outlook...

Financial conditions have eased dramatically since the middle of October This has acted to support stock prices However, conditions are likely to start tightening again Something seems broken....

The two main forces driving global macro and markets are the rate of change of (nominal) growth and the monetary policy stanceReal-economy money creation and leading macro indicators inform us on the...

The Federal Reserve appears to be approaching the end of its rate-hiking policy, based on estimates from the bond market and economic conditions. But there’s a wild card that could derail the...

Last year, global hedge funds recorded the worst returns in 14 years after the Federal Reserve’s extremely tight monetary policy weighed on asset prices. On a more positive note, the...

What was the most disappointing element in the Fed minutes last night was that the Fed minutes didn't indicate that the committee members are of the mind frame of lowering the interest rate this year...

Losses dominated market activity for the major asset classes in 2022. Commodities and cash are the exceptions. The rest of the field lost ground last year, in some cases by hefty degrees, based on a...

U.S. stocks suffered their worst losses since 2008 The market could move higher in 2023 if the Fed slows interest-rate hikes and geopolitical tensions calm down But don’t expect interest rates...