Market Overview

Market mayhem continues. DXY was firm and EUR weak:   AUD looks ripe for more falls:Oil and gold fought the Fed:Metals were more circumspect:Repeat after me: the Chinese reopening is iron ore...

The stock market is betting on a Goldilocks scenario. Jerome Powell doesn’t foresee a recession, instead, he forecasts a soft landing. Apollo is bettering the soft landing scenario with an...

By Greg PeelBut Wait, There’s More “The Board expects that further increases in interest rates will be needed over the months ahead to ensure that inflation returns to target and that this...

Last week, we discussed why the more bullish technical formations were at odds with the many recession forecasts. Not surprisingly, that article generated substantial pushback from readers, pointing...

The U.S. stock market rally this year continues to be led by so-called high-beta stocks, which are outperforming the broad market by a wide margin, based on a set of proxy ETFs through Monday’s...

Last week, FOMO (Fear Of Missing Out) became the prevailing market narrative.As data seemed to further validate the soft landing narrative and central bankers became ‘’data...

Last night saw European stocks play catchup to Wall Street’s inversion on Friday night due to the stonking US jobs report that cause a massive lift for USD, with US stocks again underperforming...

In the following video, I explain what I believe to be the 3 most important things to know about the global macro outlook in February.

WALL STREET WAS stunned Friday morning by the strength of the jobs market. While technology company layoffs have lately hijacked the fear-mongering media’s narrative, the truth is that the...

It was a huge DXY and EUR reversal Friday night:   AUD was vapourised:Markets are still short:All commodities puked:Miners (ASX:RIO) did a bit better:EM stocks (NYSE:EEM) fell:Junk (NYSE:HYG)...

The most recent NFIB (National Federation Of Independent Business) survey is sending a strong signal of an economic recession. In 2019, the NFIB survey, combined with an inverted yield curve,...

At least for one night, markets have declared deflation the winner. DXY shot up as EUR sank on a dovish ECB:   AUD dislocated from all risk:As commodities sank:Miners (NYSE:RIO) were...

The Federal Reserve raised its policy rate range 25bp to 4.5%-4.75% and indicated it isn’t finished yet. With the economy losing momentum, the jobs market showing tentative signs of cooling, and...

US market rates fell after the Federal Reserve decision but this looks more like a market positioning effect than anything specific from the meeting. Expect some retracement. Both the European Central...