It took a few days and a near-bond market meltdown to break Trump, but he finally broke. As I noted yesterday, it was starting to look ugly out there, and by night, the bond market rollercoaster rise...
After Trump’s new tariffs, markets are on edge—again. But with the S&P 500 testing critical support, a rebound might still be possible. Meanwhile, gold shines as the only real safe haven amidst...
Is inflation or slower growth, and perhaps recession, the priority? This basic question hangs over the Federal Reserve as it grapples with deciding how to respond to global trade war. The risks shot...
For those of you with bearish nightmares, we share one important takeaway from Monday’s market roller coaster. While there is a good chance the market may explore new lows over the coming months, we...
Reciprocal tariffs kick in, risk sentiment takes another hit China faces 104% tariff, its response is awaited US equities remain under severe pressure, dollar suffers Gold and bitcoin recover; oil...
Rising Economic Uncertainty Supports Demand for Gold The gold (XAU/USD) price failed to rally on Tuesday and finished the trading session essentially unchanged as US Treasury yields continued to...
The S&P 500 is now down almost 19% since topping out in February. It closed at 4982.77 (chart). If it falls another 1.35% down to 4915.32, it will be in a bear market. The index was up sharply at...
The mood on Main Street continues to deteriorate. March small business optimism came in below estimates yesterday morning and fell below the long-term average (orange line on above chart) for the 1st...
The Capital Asset Pricing Model (CAPM) is a simple heuristic for thinking about market returns. Basically, the idea is that the main risk that you can’t diversify away from is collective business...
Things are getting ugly, especially in rates and FX. Significant decoupling is occurring, indicating a potentially massive flight out of the U.S. and severe liquidity constraints now hitting the...