Another quiet holiday week looms for financial markets. Manufacturing PMIs, including the US ISM, are the only highlight. But rising US yields and sliding yen may spark New Year’s...
US Dollar holds firm during thin holiday trading as yields creep up. But eases against yen as BoJ January hike in play. Stocks mixed in last few trading days of 2024. No End in Sight to Dollar’s...
When the Obama Administration first suggested the Affordable Care Act following the Financial Crisis, we argued that the outcome would be substantially higher, not lower, healthcare costs. It is...
Yesterday’s market activity was predictable, with the S&P 500 closing flat. Futures volume reflected the holiday mood, with just 840,000 contracts traded. Given that it was the day after...
You see the irony here: the more successful the old solutions were, the greater our compulsion to cling to them even as they fail. Humans use inductive reasoning to solve problems. If a solution...
International Man: As we approach the end of the year, let's take a step back, review the Big Picture, and assess 2024's major developments to better understand what may come next. Before we drill...
Did you find any Chinese bonds in your stockings? Nothing says holidays like a big stimulus package from China. Whether you are working or celebrating Boxing Day, whatever that is, oil is getting a...
Turning Points Ahead So far, this week has been calm. However, as you read in my previous analysis, the turning points are near and we still have four more sessions before the end of the...
Wall Street analysts and market strategists are carefully evaluating the potential impact of Donald Trump’s presidential victory on financial markets in 2025, with early indicators showing both...
