Market Overview

There is a popular meme that the government has an incentive to inflate, because the same debt is worth less in real terms at a higher price level. If inflation is high enough, then the government (it...

Anxiety and fear over what could or could not happen at last night’s FOMC meeting was met with relief as the Fed didn’t really change signalling on its interest rate trajectory. Bond...

With the FOMC meeting absorbed without much fanfare overnight, equity volatility was limited in today’s session here in Asia with closed Chinese markets helping smooth out the wobbles on Wall...

All Queensland households will receive a $1,000 credit to their electricity accounts later this year, Queensland Premier Steven Miles announced on Thursday. Key points All Queensland households...

Busy airports are generally agreed to be among the worst places on Earth. If you have ever spent several hours sat on your suitcase waiting for a delayed flight, eaten a $15 croissant, slurped a $9...

The Fed meetings seem to create more confusion than needed, but it is what is what it is. I know that even though I wrote yesterday that at 2:35 PM ET, it was possible that we saw the usual FOMC press...

Most of the major asset classes retreated in April. The overall losses mark the worst month for global markets so far in 2024, based on a set of ETFs.The upside outliers last month were limited to...

In an op-ed for the Washington Post on November 5, 2010, Ben Bernanke did a victory lap, praising the Fed’s efforts in stemming the financial crisis. In the article, he discusses how QE and...

Fear over what could or could not happen at tonight’s FOMC meeting combined with end of month window dressing sent Wall Street into a spin overnight, with stocks losing between 1-2%, taking out...

The value of modeling recession risk-based multiple indicators is a hardy perennial. The latest example comes by way of aggregating trends in the 50 US state economies for estimating the odds that an...

Tomorrow, markets expect the Fed to have a similar message as the previous meetings. While rate cuts are highly unlikely, a hawkish surprise from Powell could jolt markets. Watch key indicators like...

The return of Japanese traders to their desks after a long weekend break has seen some reduction in volatility in Yen today following the spike from last week’s meeting while Chinese stocks are...

Wall Street continued its rebound overnight although European stocks stumbled as tech stock earnings, particularly Apple (NASDAQ:AAPL) helped steady the risk ship. The USD pulled back against most of...

In case you missed it, a $5 trillion tax hike looms over American households and businesses in President Joe Biden’s latest budget proposal, which would include a 25% annual minimum tax on...