Market Overview

Super Tuesday was, if I may, super obvious. Former President Donald Trump clinched nearly every delegate that was up for grabs last week, forcing his Republican challenger, Nikki Haley, out of the...

The mixed news on inflation earlier this week and today didn’t help, but neither did sticky inflation news derail expectations that the Federal Reserve will start cutting interest rates in June....

Stocks finished mostly lower on the day, with the S&P 500 dropping 19 bps and the NASDAQ 100 falling by 83 bps.Today, we get PPI and Retail sales, and based on the VIX 1-Day, the market...

Risk markets were again quite muted overnight with the USD falling slightly in the wake of the recent inflation print as markets overall are positioning for next week’s Fed meeting. Wall Street...

February's CPI report came in hotter than expected for the second straight month. Sticky inflation suggests the Fed could delay an anticipated June interest rate cut despite the market’s...

Social media users claiming to be Bougie Broke share pictures of their fancy cars, high-fashion clothing, and selfies in exotic locations and expensive restaurants. Yet they complain about living...

Overnight saw currency markets having a very muted reaction to the latest US inflation data which came in slightly higher than expected which gave USD some relief post last week’s unemployment...

Over the last few years, digital currencies and gold have become decent barometers of speculative investor appetite. Such isn’t surprising given the evolution of the market into a...

Overnight saw most markets pull back in volatility as they absorbed the latest US unemployment numbers from Friday night’s NFP print which came in softer than expected although USD was able to...

DXY firmed last night:AUD flamed out:Support from JPY:Oil and gold yawn:Copper wants up:Big miner retest of the lows on deck:EM lives!Junk meh:Yields await US CPI tomorrow:Stocks soft:Not much to...

Friday’s payrolls data for February dispatched another upside surprise, reaffirming the now-consensus view that recession risk is low for the US economy.Hiring rose 275,000 last month, beating...

Animal spirits are running loose. Bitcoin just hit all-time highs; NFTs of penguins and monkeys selling for over $500k; Virtually bankrupt stocks like Carvana (NYSE:CVNA) rallying to the...

This week will be dominated by inflation data and the bond auction returning to the 1 PM ET time slot. Today, a 3-year Treasury auction will be at 1 PM ET.Tuesday will release the highly anticipated...

The Biden team keeps talking about how they can’t believe how underwater the President’s poll numbers are when the economy is so frickin’ good. “As soon as people figure out...