Market Overview

It’s important for investors to follow stocks and bonds. And even more important to understand the relationship between them.   Today, we highlight the past 20-years of there relationship via the...

Asian share markets are trying to reduce in volatility again today but all eyes remain on bond markets which continue to have the jitters. Yen is weakening again to alleviate some pressure on...

Wall Street is rolling over again despite a good start to the session with bond markets the culprit once more with some high yield auctions spooking the risk complex. A late swing to USD caused some...

Asian share markets are trying to reduce in volatility today as some semblance of calm returns to all the risk markets, particularly bonds. Yen is weakening again to alleviate some pressure on...

Overnight saw stock markets return to some semblance of stability as Wall Street rallied but lost momentum at the close as US Treasuries sold off after the big bid earlier in the week. This may not...

Judging by the current numbers, the US expansion almost certainly endures. There are well-founded concerns that the tide may be turning, but that’s still a speculative call. By comparison, published...

The S&P/ASX 200 was down 3.7% through the day, the most significant drop since May 2020 at the height of the pandemic. Key points Monday saw a huge market correction across most prominent...

US stocks took another hit yesterday as the carry trade unwound and the effect was felt in Japan when the Nikkei 225 plunged. Since then, the Nikkei has rebounded 10.2%, almost erasing the 12.4%...

DXY is melting: AUD was fat-fingered into the abyss and then bounced. Beware a market that likes to fill the gaps: JPY is ballistic. CNY must have a carry trade: Oil broke then recovered: Metals just...

The Sahm Rule is getting airplay, but Sahm is not what I am, it is just one non-exceptional and somewhat lagging indicator of the coming recession. “We are pointed toward recessionary...

Complete carnage on Asian share markets today, with Japanese equities having some of their worst days ever, with the Nikkei 225 off by more than 12% in a single session. Friday’s much softer than...

Global markets Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...

A turmultous Friday night that was preceded by epic falls in Japanese equities with Wall Street also falling sharply in the wake of the latest official US job report – aka the non farm payrolls –...

Economist Claudia Sahm developed the “Sahm Rule,” which states that the economy is in recession when the unemployment rate’s three-month average is a half percentage point above its 12-month low. As...