Market Overview

Marking the first quarterly decline since September 2021, annual inflation has fallen to 7.0% as prices rose only 1.4% in the March quarter.The ABS Consumer Price Index (CPI) revealed that in the 12...

Now things are getting interesting. DXY was bid last night as EUR reversed:AUD puked: Gold held on but commods were pulverised:Big miners (NYSE:RIO) have fallen down a shaft:EM stocks (NYSE:EEM)...

Wall Street worries turned into outright selling overnight with more earnings downgrades particularly in the bank sector plus mixed economic messages souring risk sentiment. This spilled over into...

One of the most common perspectives that I have seen in the market through my investing career is the old adage that is often repeated by Larry Kudlow: “Earnings are the mother’s milk of...

Forecasts of recession seem to be flowing from all corners these days. Still, this week’s initial estimate of economic activity for the first quarter (Apr. 27) is expected to show that growth...

An old adage says investors should “Sell May And Go Away.”The historical analysis suggests summer months of the market tend to be the weakest of the year. The mathematical statistics prove...

We assess this year's market themes against our 2023 outlook calls. Rates remain range-bound, and curves have only steepened moderately, but rates differentials keep narrowing. We expect little...

In this week’s newsletter, we’re going to run through the top 5 market charts on our radar right now.Let’s dive right in...GMI Chart 1: Bond YieldsUS 2-year bond yields seem to be...

Straight from the playbook of Logan Roy's kids. Good for XAU/USD?

Highly anticipated inflation figures released Wednesday are expected to play a decisive role in May's monetary policy decision.An 11th cash rate rise next month hangs in the balance with the March...

There is a lot of important economic data to look forward to at the end of this week, including the release of GDP figures on Thursday and the PCE on Friday, along with the employment cost index and...

DXY was soft Friday night: AUD was thumped across the board: Oil confirmed global recession is the base case. Gold tired:  Dirt is weakening:  Free falling big miners (NYSE:RIO) are at...

Nowcasting the business cycle isn’t getting any easier. Despite a firehose of data and an expanding list of analytical techniques, benchmarks, and related research at researchers’...

What can breakeven inflation rates tell us about oil prices, energy stocks, and market direction? It turns out it’s a lot more than you think.Since 2021, as the impact of an economic shutdown...