After posting an intra-week high of 25,800 on Tuesday, the DJIA then dropped 1,583 points (6.1%) at the week’s Friday morning low (24,217) – [...]

The Shanghai Composite traded as high as 3,587 intraday on Monday, January 29th, a more than two-year high. This followed the S&P500’s all-time [...]

U.S. stocks posted the strongest week of gains since 2013 (would have been 2011 if not for late-day selling). The S&P500 surged 4.3%, and the [...]

February 6 – Wall Street Journal (Spencer Jakab): “Only very rarely has a trade gone from being so good to being so bad so quickly. Among the [...]

Even well into 2017, variations of the “secular stagnation” thesis remained popular within the economics community. Accelerating synchronized [...]

The U.S. ran a $71.6 billion Goods Trade Deficit in December, the largest goods deficit since July 2008’s $76.88 billion. The U.S. likely [...]

Ten-year Treasury yields jumped 11 bps this week to 2.66%, moving decisively above the key 2.60% technical level – to the highest yields since [...]

This might be the most fascinating market backdrop of my career. Not yet as dramatic as 1987, 1990, 1994, 1997, 1998, 1999, 2000, 2002, 2007, 2008, [...]

Financial conditions are much too loose. They remain too loose at home; they remain too loose abroad. January 3 – ETF.com (Heather Bell): “…ETF [...]

2017 was phenomenal in so many ways. The year will be remembered for a tumultuous first year of the Trump Presidency, the passage of major tax [...]

Ten-year Treasury yields jumped 13 bps this week to 2.48%, the high going back to March. German bund yields rose 12 bps to 0.42%. U.S. equities have [...]

Janet Yellen’s Wednesday news conference was her final as Fed chair. Dr. Yellen has a long and distinguished career as an economist and public [...]