Market Overview

DXY was soft as EUR firmed: AUD is stuck in the mighty wedge: North Asia helped a little: Oil is dead cat bouncing: Ditto metals: Miners: And EM: But junk is stalled: As yields rose a touch: Stocks...

Another record high for Wall Street overnight with strong breakouts on both sides of the Atlantic as European shares soared on speculation the ECB will cut rates tonight. The Canadian central bank...

DXY rebounded and its uptrend is intact: AUD held on: North Asia downdraft returned: Commodities bounced: EM too: And junk: Yields fell smartly again: ATH for stocks! US ADP (NASDAQ:ADP)...

Credit card and auto loans are increasing the risk on bank balance sheets. The largest holders of these loans include JP Morgan, Citibank, and Capital One. You have to engage in due diligence...

We continue with our discussion of investment ideas that could benefit from upgrading and expanding the power grid to accommodate surging demand from AI data centers and EVs. This third and final...

It is becoming increasingly clear that someone is offside; it’s just a matter of who. I know talking about credit spreads and implied correlations, and the Mexican peso is not en vogue or as hot as...

DXY held on: AUD let go: North Asia is offering support: Oil puked again: Metals mania has turned metals meltdown: Big miners are breaking down: EM too: Junk is OK: Bonds ignited: Stocks are hanging...

Sell in May and go away didn't work in 2024. Lets take a look at June seasonality and how it affects stocks, gold and the US Dollar

Asian stocks are having a minor pause after the not quite so convincing rally on Wall Street overnight in the wake of the ISM manufacturing print which saw the USD sharply down. The Australian dollar...

Did you know that every time you type a query into ChatGPT, it requires about 10 times as much electricity to process as a Google (NASDAQ:GOOGL) search? That’s according to Goldman Sachs (NYSE:GS),...

The latest ISM Manufacturing survey came in much weaker than expected, sending the USD down against the major currency pairs while Wall Street managed to continue its rebound from Friday night....

DXY got creamed: AUD jumped: North Asia helped: Oil broke as OPEC bailed: The metals falling knife was bid anyway: But not miners: EM was: Junk puked: Yields too: Which rescued stocks: Due to the...

After months of waiting, a rate cut from the ECB on Thursday looks like a done deal. Data from Reuters shows markets pricing in a 96% chance of a 25-basis point cut from the European Central Bank...

When markets are calm (read: boring), it’s easier to take a step back from the daily noise and ask ourselves the big picture questions like Yes, but what’s the Macro EndGame? It often feels like the...