Market Overview

The latest UK government budget, which saw big tax rises but even bigger spending increases projected for 2025-26, has forced markets to rethink Bank of England expectations. Rates are expected to...

The Fed cut the federal funds rate (FFR) by 25bps yesterday as widely expected. We expected it as well, though we still believe that the now 75bps cut in the FFR since September 18 is too much, too...

Donald Trump's win and the Republican sweep of the House (probably) and the Senate (certainly) is consistent with our Roaring 2020s scenario. Indeed, it increases the odds that the good times will...

Elections have consequences and so Donald Trump’s return to the White House as the 47th president will surely change the calculus. The policy differences between the Republican president-elect and...

The Federal Reserve's November policy meeting is set to be a pivotal moment for markets. While investors are almost certain of a 25bps rate cut, the Fed’s guidance will be closely watched,...

Stocks ended the day higher amid an implied volatility crush, with the VIX index dropping sharply. The VIX closed the gap from its significant rise on Thursday, October 31. More interesting was the...

U.S. Treasury yields have become a critical indicator for retail investors as markets navigate shifting monetary policy expectations and economic signals ahead of the hyped presidential election. The...

Trump vs Harris: Who's Better for Gold, Stocks and US Dollar?

Some of our best friends are technicians. Ed was at Prudential (LON:PRU) Equity Group at the same time as Ralph Acampora, the renowned market historian and technical analyst. Ralph's analysis often...

Our time target for the bull market will be registered on election day. Of course, there must be a (+/-) tolerance built into the time target because who among us is a legitimate Swami, able to read...

Can famed investors Paul Tudor Jones and Stan Druckenmiller, who recently proclaimed they are short bonds, thus betting on higher yields, be wrong? Instead of mindlessly assuming such legendary...

Global markets suffered a broad-based downturn in October. For the first time since April, a majority of the major asset classes posted monthly losses based on a set of ETF proxies. The upside...

The week ahead is expected to be the biggest of the year for the stock market. U.S. voters head to the polls on Tuesday to pick their next president with the race between Republican Donald Trump and...

What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third quarter GDP. A key driver of Q3’s advance: higher...