Market Overview

US economic activity looks strong or weak, depending on the data sets you choose to craft a narrative. That’s always true in some sense for the simple reason: there’s always some slice of...

Interest in AI and ChatGPT has increased over the past few months. But, after a tumultuous 2022 and the retreat in February, investors remain cautious. In this article, we will look at the 5 stages...

By Greg PeelDay Two You’d be forgiven for thinking the ASX had forgotten to update its market data from Wednesday to Thursday, so near identical was yesterday’s action to...

DXY does not appear to be done:   AUD is hovering around the 0.67 support area. If it breaks we may retest the lows:Oil’s rising wedge is the definition of unconvincing:Dirt is likewise...

The concept of diversification has long been hailed as the holy grail of investing. The idea is that spreading investments across different asset classes may reduce risk and create a more stable...

Risk markets are still unsettled with more stronger economic prints out of the US overnight combined with some Fed hawkishness keeping bond markets elevated as the 10 year Treasury almost lifted...

In 2022, the vast majority of hedge funds struggled to generate returns for their investors. As stock-picking funds generated negative returns, global macro funds came out the big winners. However, in...

As if the 2020s haven’t been strange enough, the United States military recently shot down several UFOs. Equally bizarre as the possibility of aliens, some investment analysts are projecting an...

There have been some positive surprises in economic data recently, and markets are busy trying to digest what this means for the Fed. Terminal rates are now priced at over 5% in the US and around 4%...

The ABS Monthly Inflation Index has revealed a dip in monthly annualised inflation figures in January, off the back of alarming December results.The decline from December’s highs of 8.4% back to...

By Greg PeelHardly Normal Two conflicting pieces of news that hit the {{171}ASX}} yesterday were that Harvey Norman Holdings Ltd (ASX:HVN) reported a miss on result and fell -7.5%, and retail sales...

Over the last couple of decades, the assumption that inflation is mean-reverting to something approximating the Fed’s target level (or to where inflation expectations are supposedly –...

“Profit margins are probably the most mean-reverting series in finance. And if profit margins do not mean-revert, then something has gone badly wrong with capitalism.” – Jeremy...

DXY retraced some last night as markets wonder if enough new tightening has been done:   Oil is stuck in a nasty rising wedge:Base metals relief rallied:Miners (NYSE:RIO) barely raised an...