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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 3

The market has been running on the high-octane fuel of expected rate cuts. That belief was the engine behind last Monday’s record highs, powering indexes as if the road ahead were wide open. But by...
The Trump 2.0 market era is teaching us something brutally clear: the US dollar is taking the bruises while everything else keeps dancing. Equities surge as if nothing matters, gold tears higher, and...
The market begins the week with the same quiet tension you feel on a trading floor before a big number hits the tape. Volatility has cooled, the dollar steady, equities still near their highs, but...
FX Alert: Safe Havens Running Out of Road?
By Stephen Innes - Sep 19, 2025
The Treasury curve is climbing again, long-end first, like a slow but relentless tide that lifts every hull, whether seaworthy or not. Two, three basis points higher may not sound like much, but...
There are moments in markets when history doesn’t sit in the archives but strides back onto the stage. Gold just had one of those moments. For the first time since the Carter-Volcker era, bullion has...
Wall Street this week felt like a “theatre of the doves” where every cue was perfectly timed: the PPI rolled out the red carpet, and CPI turned it into a full-blown runway show for Powell to stride...
Asian equities are shuffling into the session with their shoelaces tied together, inheriting Wall Street’s stumble and staring down an inflation report that could redraw the map of Fed policy....
Showdown in the Tetons Jackson Hole is usually a monastery for monetary monks, a mountain lodge where academics drone about r-star models and equilibrium paths while markets doze in the back row. Not...
Asia opened Friday not with conviction but with a whisper—Japan and Australia futures flat, China’s benchmarks barely green. It’s less a rally than a shuffle, a mirror of Wall Street’s hesitation...
Stocks instead took the CPI number as confirmation that September is shaping up to be the long-anticipated “insurance cut” in an economy still treading water above the break-even line. Tuesday’s...