Market Overview

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...

December's jobs report may be strong, but the labor market is yet to catch up with recessionary forces.Defying expectations, the latest job report for December shows a rise in employment by 0.2%....

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...

Last week I rang the bell telling investors and traders to wake up and smell the hot coffee because 2023 is going to be a life-changing year, and likely, not for the better.The 30,000-foot...

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...

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...

There may be no recession in 2023, just a period of slower growth It will allow the Fed to keep financial conditions tight. Tight financial conditions mean a stronger dollar, higher rates, and...

2022 held a lot of hard lessons for investors This bear market is unique, but that doesn't mean it will last forever There is reason to think next year will be different We are approaching the close...