Market Overview

The upcoming week promises to be busy in the stock market, with significant data due for release, ranging from ISM manufacturing figures to the BLS job report. The PCE data, disclosed last Friday,...

The contrast could hardly be more striking. House Speaker Kevin McCarthy emerged from yesterday’s latest round of negotiations with the White House with an upbeat spin but no deal. Soon after,...

Rarely in the history of US economic analysis have recession forecasts been plentiful and widely embraced. All the more extraordinary is the ongoing resilience of the economy that defies the gloomy...

The Fed seriously erred in 2021, focusing too much on supply and not enough on demand. The Fed can slow velocity but requires job losses and/or eroding consumer confidence. Forecasting the money...

Federal Reserve Chairman Jerome Powell on Friday spoke the words that investors have longed to hear: the rate-hiking cycle is ending. Except that maybe it isn’t.Speaking at a conference last...

The US is dangerously close to triggering its debt ceiling limit, yet markets seem very relaxed.The 2011 episode shows us how political incentive schemes can instead drag negotiations until the very...

The risk of recession remains elevated, according to several indicators, but the soft-landing scenario isn’t dead. Support for the relatively upbeat outlook includes estimates for second-quarter...

Despite the stock market rally so far in 2023, the S&P 500 Index has not come close to regaining its all-time high put in early last year.What has soared to new highs, however, is the stock/bond...

The world is full of economic concerns. Inflation, economic slowdown, global trade, and international war.So what’s next? Today’s chart might share a glimpse into the future. Below is a...

Every couple of years, it seems, the world watches in apprehension as the U.S. president and Congressional leaders play chicken over the nation’s debt limit. If the so-called ceiling can’t...

Losses took a toll on markets worldwide, with US stocks and bonds posting the smallest setbacks last week, based on a set of ETFs representing the major asset classes. By contrast, commodity and...

Our economic system is ultra-financialized and dependent on leverage.That’s why understanding the incentive scheme for investors and borrowers is an important step to piecing together the global...

In this video, we'll delve into the US government's debt crisis and the nail-biting suspense of Congress waiting until the last possible moment to act.I discuss the two biggest risks to the financial...

Retailers will be the last group to deliver financial results in the Q1 reporting season. The retail sector has underperformed the broader market by a wide margin in 2023. Despite the gloomy...