Market Overview

Forecasts of recession seem to be flowing from all corners these days. Still, this week’s initial estimate of economic activity for the first quarter (Apr. 27) is expected to show that growth...

An old adage says investors should “Sell May And Go Away.”The historical analysis suggests summer months of the market tend to be the weakest of the year. The mathematical statistics prove...

The most aggressive central bank tightening cycle for decades is reaching its finale. This is our definitive guide to global central banks as we enter another round of crucial meetings over the next...

We assess this year's market themes against our 2023 outlook calls. Rates remain range-bound, and curves have only steepened moderately, but rates differentials keep narrowing. We expect little...

In this week’s newsletter, we’re going to run through the top 5 market charts on our radar right now.Let’s dive right in...GMI Chart 1: Bond YieldsUS 2-year bond yields seem to be...

Inflation continues to head lower, but not at the desired pace. And, as market volatility rises, investors should try and readjust their portfolios. The 60/40 portfolio is a great way to do that as it...

Highly anticipated inflation figures released Wednesday are expected to play a decisive role in May's monetary policy decision.An 11th cash rate rise next month hangs in the balance with the March...

There is a lot of important economic data to look forward to at the end of this week, including the release of GDP figures on Thursday and the PCE on Friday, along with the employment cost index and...

Nowcasting the business cycle isn’t getting any easier. Despite a firehose of data and an expanding list of analytical techniques, benchmarks, and related research at researchers’...

What can breakeven inflation rates tell us about oil prices, energy stocks, and market direction? It turns out it’s a lot more than you think.Since 2021, as the impact of an economic shutdown...

DXY was soft last night: AUD lifted: Oil is breaking down again. Not gold: Dirt is the great sideways: Miners (NYSE:RIO) are in trouble: EM stocks (NYSE:EEM) don’t look well,...

House Speaker Kevin McCarthy and GOP leaders unveiled a bill that, in theory, temporarily solves the debt-ceiling crisis that’s brewing. In practice, the path ahead is probably no less...

As higher-for-longer gains further traction, yield curves are bear flattening again. Only moderately, though, as risk sentiment holds up with the acute banking crises fading from viewHigher-for-longer...

Bill Ackman is a billionaire and founder of the London-based Pershing Square (NYSE:SQ) Capital Management, known for making profitable investments. His portfolio currently focuses on companies that...