The appetite for leverage in the stock market currently appears insatiable. “Retail daredevils — undeterred by recent Wall Street jitters over AI and crypto — are going long, pumping up leveraged...
Market Overview: S&P 500 Emini Futures The S&P 500 Emini markets formed a weekly Emini retest of an all-time high. The bulls want a breakout into new all-time highs followed by a measured...
US Economy I: On the Road Again. Taylor Swift’s “The Eras Tour” was her sixth tour. It started on March 17, 2023, in Glendale, Arizona and concluded on December 8, 202,4 in Vancouver, British...
It will be a slow start to the week, with the markets closed on Monday for Presidents’ Day. Things should pick up for the market by Wednesday. Of course, we’ll have the Fed minutes, and then on...
There are many media-driven narratives about the impact of tariffs on the economy and the markets. Most of them are incredibly bearish, predicting the absolute worst possible outcomes. For fun, I...
Morningstar* last week advised that tactical asset allocation funds “failed—again.” That sounds ominous for this class of strategies, but a closer review suggests it’s misguided to pull the plug on...
Total retail sales for January came in at $723.9 billion, a decline of -0.9% for the month. The street was expecting a decline of only -0.2%. This was the biggest one-month decline since March...
MON: N/A TUE: RBA Announcement & SoMP, UK Jobs (Dec), Swedish CPIF (Jan), German ZEW (Feb), Canadian CPI (Jan), Japanese Trade Balance (Jan) WED: FOMC Minutes, RBNZ Announcement, Bank of...
After Powell and CPI data, dollar traders turn to Fed minutes. RBA to cut rates by 25bps, focus on forward guidance. RBNZ may opt for a third consecutive 50bps rate cut. UK, Canadian and Japan’s CPI...
Trump targets all countries with reciprocal tariffs but allows time for talks. Dollar sinks, stocks rally as investors see bluff, shrug off strong PPI data. But gold unconvinced by a relief rally...