Market Overview

After three straight weekly declines, the Global Market Index (GMI) rebounded for the trading week through Friday, Aug. 25. This unmanaged benchmark holds all the major asset classes (except cash) in...

Powell's recent statements raised the chance of a September rate hike to 20%, with November at over 50%. Bond market faces uncertainty due to the Fed's ambiguity-based policy and bond vigilantes'...

The Fed's Jackson Hole speech was largely uneventful last week Tech sector could face headwinds, and gold and silver could rally Meanwhile, the Chinese economy is starting to show signs of...

Is Prop Trading LEGAL? Explained by Pro Day Trader Boris SchlossbergDiscover the truth about prop trading: Is it 100% legal in 2023?

Roy Morgan research shows 1.5 million Australian mortgage holders are now paying above a certain portion of their after tax income into their home loan, between 25 and 45% depending on income and...

Wall Street finished the trading week on a high note on Friday as Fed Chair Powell’s long awaited speech at the Jackson Hole conference was received with mild aplomb, with currency markets again...

Fitch’s recent downgrade of the U.S. debt rating alarmed investors as the deficit and debt steadily increased. The downgrade sent 10-year Treasury bond yields above 4%, causing concern about...

US 10-year bonds have reached the highest levels since 2007 PMIs for the US economy continue to show a negative trend Meanwhile, a bearish session for the Nasdaq 100 indicates a high risk of further...

The central banker talkfest at Jackson Hole ramps up tonight and risk markets will completely hinge – or unhinge – on what Fed Chair Powell has to say with Wall Street extremely cautious...

Dan Andrews might have killed the Commonwealth Games. It’s been ninety great years celebrating the British Empire, but the Victorian premier's decision that hosting the 2026 games in Geelong,...

Wall Street tumbled on the latest initial jobless claims numbers and fears that inflationary based rate hikes may not yet be over as everyone awaits Fed Chair Powell’s speech at the Jackson Hole...

DXY is breaking out:AUD plummeted:CNY has not been saved:Commodities were hosed:Miners too:EM stocks fell:Junk too:Yields rose but the curve was stable:Stocks were smashed:This was quite a...

I have three items to discuss in this week’s post.The first item is an announcement made by the BLS on Tuesday regarding upcoming changes to how the CPI for Health Insurance will be...

The central banker talkfest at Jackson Hole ramps up tonight and with the slightly weaker USD plus good tech stock earnings on Wall Street, the mid week bounce on risk markets continues. The USD is...