Market Overview

Soaring yields demonstrate investors believe Mester's path to higher interest rates The three major averages extended downtrend Nonfarm Payrolls will create inflation expectations This past January, I...

Stocks haven’t shown the typical type of fear associated with a bottom Valuations are still high The S&P 500 may need to fall below 3,200 The S&P 500 is down more than 20% on the year...

Asian stock markets are generally across the region, although a better than expected Chinese manufacturing print kept Chinese stocks from selling off.  The USD has regained most of its lost...

Recession concerns in the US weighed on risk markets again overnight, with Wall Street selling off sharply, as Trusseconomics is exposed in the UK as another Tory sham. More shams with Russia annexing...

The Bank of England stepped into the bond market as UK gilts collapsed following the disastrously stupid Truss economic “plan” saw a big rush on Pound Sterling. This overshadowing the...

DXY flamed out last night:   Everything else reversed out of the swan dive. AUD:Oil:Metals:Miners (NYSE:RIO):EM stocks (NYSE:EEM):Junk (NYSE:HYG):Treasuries:Stocks:Hooray! Everything is fixed!...

DXY to the moon:   AUD flushed:Oil held up as Putin asked OPEC to fund his war with output cuts:Base metals still in big trouble:Big miners (NYSE:RIO) survived with iron ore:EM (NYSE:EEM)...

Bank of England fails to reassure investors with emergency rate hike Bond yields soar amid talk of a historic bear market Bank of Japan defies trend but yen’s fall requires intervention The UK...

Stock markets around the world remain in retreat mode with concern over the Torynutters economic “plan” in the UK sending Pound Sterling to a record low and spiking bond market yields. The...

We need to pan out today to get the full grasp of what’s happening. DXY is on a historic tear:   AUD appears to be rolling into a historic bust reminiscent of previous Chinese busts:Oil is...

Major currencies have been in freefall over the last few months as the Fed remains steadfast in its goal to tame U.S. inflation The fixed-income market has become unglued as Forex volatility surges A...

Positive inflation-adjusted return on default-risk-free Treasuries/corporate bonds Higher market rates means a much lower S&P 500 equity risk premium Consider asset allocation tweaks but wholesale...

This week we will again get several opportunities to reconsider the received wisdom that when mortgage rates rise, home prices must fall. Last week, median home prices in the existing home sales...

Week in reviewContinued hawkish actions from the US Federal Reserve again weighed on global equity and bond markets last week, with an ill-judged very stimulatory UK budget also not helping fragile...