Market Overview

Investors to continue rotating out of growth into defensive, dividend players. Short-term uptrend held after price confirmed long-term downtrend. Energy to fall, as recession outweighs war. How to...

More than anything else, expectations matter The market is still repricing after being wrongfooted at Jackson Hole Currencies are reflecting the latest pressures There is a guiding principle to market...

August was a terrible month for markets All eyes on upcoming inflation data, Fed policy meeting Investors should brace for retest of June 16 low Coming off their worst August since 2015, stocks on...

Until August 26, the stock market had spent the month muddling. Just like most Augusts, Wall Street had gone on vacation. A long Labor Day weekend was coming. Not much to worry about, except Jay...

Stocks remain in a downtrend, as evidenced by the S&P 500’s recent rejection at its 200-day moving average The Fed wants to see evidence of broader cooling. Thursday’s ISM...

Fed’s Powell sees pain, and ECB talks of sacrifice High inflation remains a challenge on both sides of the Atlantic Central bank autonomy under fire after missed call on inflation The message...

Powell’s speech led to a sharp decline in markets Fed Chair seems to suggest that Fed still using ‘anchored inflation expectations’ Shrinking balance sheet is needed but market...

Nonfarm payrolls become especially significant given Fed's data dependence. The Fed is basing economic strength on employment. Detailed technical breakdown of downtrend. Stocks have the technical...

Yield curve inversion deepens, heralding imminent recession Fed minutes show commitment to fight inflation but unclear on pace of rate hikes European bond yields rise as ECB faces rising inflation The...

High and still-rising core inflation across developed countries Focus on Jackson Hole meeting starting Thursday Fed has not been challenged yet, but eventual crisis is likely Against that backdrop,...

Earnings can cause volatility, despite being backward-looking. When Powell speaks this week, will he settle the market debate on whether the Federal Reserve has pivoted? Dollar hit its highest weekly...

Fed officials gather for their annual symposium in Jackson Hole next week Remain under pressure to fight inflation, without creating a market tantrum I expect the Fed to push back against rising...

Apple is less than 5% shy of its all-time high after the past two-month rally The world’s most valuable company significantly influences the S&P 500 Index due to its $2.8 trillion market...

Inflation remains at high level even if price increases slow down Jackson Hole may address questions on quantitative tightening Looming recession complicates QT in the U.K. and Europe U.S. consumers...