Market Overview

I expect volatility to increase this week, particularly with VIX options expiring on Wednesday. The current VIX option positions suggest that the VIX may remain around the 15 level, which means the...

On Monday, both NAB and ANZ cut term deposit returns by up to 80 bps. Key points NAB and ANZ launched a fresh range of term deposit rates on Monday. Most products saw rates cut back, although...

Global markets Global stocks rebounded strongly last week thanks to a beautiful set of numbers from the United States suggesting the ‘soft landing’ scenario remains firmly on track. After a testing...

Friday night saw big moves in currency markets following a boisterous share market session in Asia that was not repeated across both sides of the Atlantic, although Wall Street still advanced. The...

A lot can happen over the course of a week when it comes to the crowd’s fickle sentiment du jour on matters of recession. At this time a week ago the headlines warned that a contraction, if it hadn’t...

I was recently asked about the seemingly strong “economic growth” rate as the Federal Reserve prepares to start cutting rates. “If economic growth is so strong, as noted by the recent GDP report,...

Last week, I wrote an article entitled “Reasons For A Crash.” And, I will let you in on a little secret – I actually wrote that title as a test. You see, I assumed that the great majority of those...

Stocks were mostly flat to slightly up yesterday, with the S&P 500 getting a boost in the last 10 minutes due to a big closing imbalance. Other than that, it was a pretty quiet day. The CPI...

DXY is breaking down with inflation: AUD fell anyway: North Asia is mixed: Oil and gold soft: Metals too: Miners have have fallen down the bottomless shaft: EM meh: Junk is back: As yields confirm US...

It was only a few months ago (with the March CPI report in April) that I was talking about a ‘Potential Pony Situation’ in my podcast when, after an unsettling Core CPI, I pointed out that the Median...

A recent article co-authored by Stephen Miran and Dr. Nouriel Roubini, aka Dr. Doom, accuses the U.S. Treasury Department of using its debt-issuance powers to manipulate financial conditions. They...

A slightly better day for Asian share markets as risk takes its cue from Wall Street which still sees no problem with the pending conflict in the Middle East with Eurostoxx futures up more than 0.3%...

Markets are bracing for a key CPI report today. This data comes amid growing recession fears after weak labor market data. A lower-than-expected print could drive a stock rally, but a...

Stocks finished the day higher yesterday after a weaker-than-expected PPI report. Although rates fell, it didn’t result in a significant yield curve steepening, and the dollar was only slightly...