Market Overview

Over the last few years, I’ve pointed out exhaustively how the current operating approach at the Fed towards monetary policy is distinctly different from past tightening cycles. In fact, it is...

Have a look at the last US inflation report; Answer the big question: Powell pivoted in 2019, is he going for it again in 2023? Analyze what’s priced in for bonds and equity markets: a...

Uncertainty over the Federal Reserve’s rate plans and a slowing economy will continue to impact investor sentiment in 2023 I remain bullish on companies with strong fundamentals, reasonable...

Though a rising interest rate environment adversely affects fixed-rate bond investments, the defining attributes of floating rate debt, incoming generation and low price sensitivity, have proven...

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...

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 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...

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....

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...

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...