Market Overview

Last week, FOMO (Fear Of Missing Out) became the prevailing market narrative.As data seemed to further validate the soft landing narrative and central bankers became ‘’data...

In the following video, I explain what I believe to be the 3 most important things to know about the global macro outlook in February.

Movements of the S&P 500 since the Fed’s interest rate hike on Feb. 1 indicate that despite the late weekly selling, the index still managed to close last week with a 1.6%...

WALL STREET WAS stunned Friday morning by the strength of the jobs market. While technology company layoffs have lately hijacked the fear-mongering media’s narrative, the truth is that the...

The most recent NFIB (National Federation Of Independent Business) survey is sending a strong signal of an economic recession. In 2019, the NFIB survey, combined with an inverted yield curve,...

The Federal Reserve raised its policy rate range 25bp to 4.5%-4.75% and indicated it isn’t finished yet. With the economy losing momentum, the jobs market showing tentative signs of cooling, and...

BOEAs for today’s economic calendar, we have two important economic events unfolding. Firstly, it is the Bank of England’s meeting. The bank is expected to increase the interest rate by 50...

In 2021 and 2022 we called the Federal Reserve “tardy” on several occasions as they doggedly held to their “transitory” inflation stance long after reasonable people (using the...

Despite mounting evidence supporting recession forecasts, the stock market remains at odds with that outlook. This leaves investors in a predicament of avoiding a further drawdown in the equity...

MON: Swiss KOF (Jan), Japanese Retail Sales (Dec), Japanese Unemployment (Dec), UK Nationwide House Price (Jan) TUE: Australian Retail Sales (Dec), Chinese NBS PMIs (Jan), German Import Prices (Dec),...

JUST LIKE THAT, growth stocks are back in vogue. Vanguard Growth ETF (NYSE:VUG) has outpaced Vanguard Value ETF (NYSE:VTV) by more than nine percentage points over the past three weeks. That gap in...

GDP data suggest the economy remains very strong However, there are signs that inflation may not go away easily This may call for more action by the Fed The latest quarterly GDP data suggest the...

Before we move into a review of the last few months of market action to learn what most investors did wrong, I think it is important to begin this missive by reposting something written by Robert...

The soft landing crew is increasingly taking over. No, the bond market’s base case is not a recession - it’s immaculate disinflation. Getting this call right is crucial...