It appears Wall Street needs to rip up the reflation trade script. Financial markets are no longer trading on the prospects of better growth, but on...
BofA Jumps On Solid Beat Thanks To Jump In Trading Revenue, Reserve Releases One day after stellar Q1 earnings reports by JPMorgan and Goldman and the...
Markets ignore rise in US inflation US inflation duly rose by 0.50% MoM for March overnight, roughly an eight-year high. However, the print was only just...
As I've suggested over the last two weeks, the stock market was poised for a breakout. And the odds for more gains in the short-term are...
Markets show muted response to FOMC minutes The FOMC minutes passed without incident overnight. The committee felt that risks were balanced but that the economy remained...
At 2.5% for the MSCI AC World index, the rise in global equities in March was close to February’s 2.2%. It wasn’t all smooth running, though,...
Booze And Chocolate May Be Set For A Comeback By Michael Msika and Albertina Torsoli, Bloomberg commentators and reporters, Since equity markets hit their pandemic lows...
The Australian dollar has started the week with slight gains. Currently, the pair is trading at 0.7626, up 0.25% on the day. US Nonfarm Payrolls easily...
Oil edges lower in Asia Muted holiday trading has seen some unwinding of Friday’s rallies, with Brent crude and WTI edging lower. On Friday, Brent crude...
When Central Bank Arsonists Take Victory Laps... Authored by Mark Jeftovic via BombThrower.com, File under: “It is impossible to get a man to understand something when...
Four major forces shaped the investment climate in the first quarter: the evolution of the virus and the rollout of the vaccine, the rising long-term interest rates...
Valuations of risk assets have marked a pause in the face of a number of headwinds. In our view, valuations remain underpinned by ample central bank...
Futures Slides As Yields Surge, Archegos Jitters Persist US index future slumped on Tuesday as traders continued to fret over fallout from the implosion of Archegos...
Morgan Stanley Asks: Will The Market Move Towards The Fed, Or Will The Fed Shift Its Reaction Function Towards The Market By Vishwanath Tirupattur, head of...
Vaccine rollout success in the US has Wall Street quickly pricing in rapid growth during the recovery stage. The trend in daily new cases is rising...
The demand for money—as measured by the ratio of M2 to nominal GDP—currently stands very near to an all-time, eye-popping high (see Chart #1). The turmoil...
Futures Slide, Dollar Surges Ahead Of Powell-Yellen Doubleheader On Fresh Virus Fears Lockdown fears are back, and so are concerns that disinflation may be making a...
Futures Rebound Despite Turkey Slaughter Global markets, bond yields slid and the Turkish lira plunged towards a record low against on Monday after President Tayyip Erdogan...
Luongo: Capital Is Sensing "This Central Bank Impotency" Authored by Tom Luongo via Gold, Goats, 'n Guns blog, I don’t know what’s more ludicrous at this...
The major central banks have met. The general message is that continued strong monetary support remains necessary, and the coming increase in price pressures is likely...
On The Verge Of A Global Crisis: One Bank Warns Of A "Biblical" Surge In Food Prices By Michael Every of Rabobank Biblical, Lean, and Mean:...
Bad news on the health front; volatile economic data; hopes that the US national 4th of July holiday can be celebrated with a BBQ; and further...
Equity markets are drifting lower in Asia today following a non-descript session overnight in New York, with most asset classes contenting themselves to march on the...
Inflation-Cagematch: Guggenheim Battles Bridgewater Over Bond Moves From Here The world and their pet rabbit is short bonds right now on growth and inflationary consensus opinions......
"We Are Sitting On An Incredibly Important Turning Point" Last week in his latest Doubleline webcast, Jeff Gundlach presented a remarkable chart, one showing that the...
S&P Futures, World Stocks Rise With Yields Clinging To 13 Month Highs Ahead Of FOMC Global shares rose and US equity futures were flat as U.S....
"It's Never Different This Time" - Creator Of Bond Volatility Gauge Warns Selloff Isn't Over Ever since the 10-year yield eclipsed 1.25% last month, the market...
The bond market seems determined to make this an interesting FOMC policy decision. Treasury yields have been surging after the Biden administration passed the $1.9 trillion...
The buy-everything animal spirits refused to be caged any longer overnight as financial markets returned the inflation genie to its bottle. Technology was back, the S&P...
ECB Preview: Will Verbal Intervention Finally Lead To Something More After touting the flexibility of its asset purchase program for preserving favorable financing conditions, the European...