Market Overview

Warren Buffett recently published his latest letter to shareholders of Berkshire Hathaway (NYSE:BRKa) and, if you haven’t done so already, I encourage to go read it along with all 45 that...

On International Women's Day, here's why I believe women are better traders than men:

Yes, Federal Reserve Chairman Powell was very hawkish in his Congressional testimony on Tuesday and Wednesday. He clearly signaled (again) that once Fed overnight policy rates reach a peak, they...

US recession risk is high unless it’s not. After months of conflicting signals from various business-cycle indicators, debate and disagreement reign supreme in the land of nowcasting and...

Chair Powell has sent a clear message: the Fed is back in the driving seat. At a very minimum, the Fed has given itself the option to deliver a 50bp hike from the March meeting. It's now discounted...

The big question facing the Fed is whether they should increase the Fed Funds rate by 25bps or 50bps on March 22, 2023. If Jerome Powell cared for our advice, we would tell him to take the opposite...

Wow. DXY to the moon, adieu Spewro:   AUD slaughtered by chainsaw:Commods, miners (NYSE:RIO), and EM (NYSE:EEM) slain:Junk (NYSE:HYG) was OK, oddly:As the Treasury curve entered free fall toward...

There’s no shortage of threats lurking, ranging from inflation, elevated interest rates that may go higher still, and various geopolitical threats. But market sentiment has improved recently,...

For the tenth consecutive month, the RBA has lifted the cash rate at its March meeting by 25 basis points to 3.60%.This increase from the RBA marks 350 basis points’ worth of tightening to date,...

DXY was weak last night and EUR strong:   But nothing could stop AUD falling. It appears poised to break DXY and EUR support:Commods went nowhere:Big miners (NYSE:RIO) were thumped:EM stocks...

Expect volatility to ramp up; I don’t care what the headlines say. The implied volatility curve of the S&P 500 looks scary, with lots of sharp twists and turns. The term structure of the...

Global marketsGlobal markets enjoyed somewhat of a reprieve last week, with steadier bond yields helping stocks lift for the first time in three weeks. The $US also eased. That said, US 10-year bond...

DXY slumped Friday night:   AUD lifted:Oil and {{8830|gold} bounced:Metals were firm:Miners (NYSE:RIO) jumped:EM stocks (NYSE:EEM) too:And junk (NYSE:HYG):As duration was bought:Unleashing...

Friday night saw the release of the latest US ISM services PMI which came in hotter than expected, initially sending US Treasury yields higher but these eventually pulled back, giving stocks room to...