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Stephen Innes

  • Analysis & Comment

Stephen Innes's Comment & Analysis
A complete archive of Stephen Innes's articles, including current analysis & comment - Page 2

Markets are playing with two dominant rhythms—one driven by the AI boom’s drumbeat, the other by the muffled silence of Washington’s shutdown, muffling the Fed’s compass. Traders are caught between a...
The curtain has stayed down on Washington’s political theatre, with the lights off in the Capitol, but on Wall Street, the orchestra keeps playing. Equities danced to record highs even as the federal...
Shutdown Theater, Melt-Up Reality
By Stephen Innes - Oct 02, 2025
Asia markets opened the day like an AI rocket ship, testing the outer layers of its own atmosphere. Technology was the booster fuel, and South Korea the launch pad. Samsung and SK Hynix ripped higher...
The curtain has fallen on Washington, and the stage lights dimmed not because of policy triumph but because the actors refused to play their parts. The United States government has entered shutdown...
The quarter closed not with expected rebalancing drama but with a slow exhale, markets drifting higher as though walking a tightrope strung across late-summer skies. The S&P 500 ended September...
Washington has taken the markets into the casino and shoved a pile of chips on the “shutdown” square, daring the croupier to spin the wheel. With the clock running down to Oct. 1, the baseline...
The September PMI reads from China offered a picture that looked less like a coherent growth engine and more like a car with one cylinder firing while another misfires. Manufacturing, long stuck in...
Gold has always been the first refuge when the ground under markets begins to split. Investors can spend months parsing central bank speeches and bond yield curves, but the real fractures often...
Markets approach the coming week like a troupe of acrobats performing without a net, each movement dependent on a single balancing act: the U.S. jobs report. The S&P 500 still hovers near record...