marctomarket.com / by Marc Chandler / February 24, 2015
Bond yields and the dollar fell. Emerging markets and equities performed well. The main cause appears to be Yellen’s testimony to the Senate. Yet this seems to be an exaggerated response. Going over Yellen’s prepared remarks and answers to questions from the Senators, our basis […]
zerohedge.com / by Tyler Durden / 02/17/2015 08:12 -0500
US equities have miraculously recovered their EU-Greek talks-breakdown losses from yesterday in a mad buyng panic reminiscent of the very best work from FBRNY. As if that did not confirm everything was awesome in the status quo, silver (and to a lesser extent gold) have been […]
zerohedge.com / by Tyler Durden / 01/30/2015 07:08 -0500
While the US daytime trading session has lately become a desperate attempt to expand multiples on the declining earnings of the S&P500, thanks to recurring BOJ intervention in the USDJPY, to keep the S&P above the 100 SMA at all costs including generous central banker verbal […]
zerohedge.com / by Tyler Durden / 01/20/2015 08:09 -0500
Readers may be surprised to learn that since Mario Draghi’s “whatever it takes” speech, Eurozone equities have substantially outperformed the rest of Europe and performed in-line with the rest of the world (read the blistering performance of the US). As SocGen’s Andrew Lapthrone notes, even in […]
marctomarket.com / by Marc Chandler / January 20, 2015
The US dollar’s strength is a product of both the expected trajectory of Fed policy and the fact that ECB and BOJ are still in aggressive easing modes. Both sides of the equation of being driven home. Wall Street’s Journal’s Hilsenrath recognized to be well […]
gold-eagle.com / John Hathaway and Simon A. Mikhailovich / January 12, 2015
1. It is only in America that nobody seems to know or care but, in fact, during 2014 gold was the second best performing currency after the US$.
2. Most Western investors see gold as a short term trade even though over […]
marctomarket.com / by Marc Chandler / January 12, 2015
EM is starting the week facing several familiar cross currents. The dollar is strengthening again, oil prices are still falling, but equities are moving higher. This constellation seems to suggest a continuation of our call further weakness in EM, but for Asian assets to outperform […]
zerohedge.com / by Tyler Durden / 01/07/2015 06:57 -0500
Things in risk land started off badly this morning, with the worst start to a year ever was set to worsen when European equities came under early selling pressure following news of German unemployment falling to record low, offset by a record high Italian jobless rate, […]
marctomarket.com / Marc Chandler / January 6, 2015
Oil prices are tumbling with Brent approaching $51 and WTI near $48.5. This follows yesterday’s announcement by Saudi Arabia of deeper discounts next month for the US and Europe. This was seen as a further confirmation that it adheres to its market share strategy. The continued […]
gold-eagle.com / Jeb Handwerger / December 22, 2014
The Holiday Season is here and a volatile 2014 is coming to a close. Be prepared to pick up quality situations during tax loss selling season and benefit off of a powerful January Effect rally.
Recently we heard the comments from Fed Chairwoman Yellen which appeared to […]
marctomarket.com / by Marc Chandler / December 15, 2014
As the 24-hour session has progressed, the US dollar and equities have stabilized and turned higher. Indeed as US traders prepare to return, stocks and the dollars are trading near session highs. Oil prices are also trading higher. Core bonds are a bit heavier, and […]
zerohedge.com / by Tyler Durden / 12/12/2014 06:50 -0500
“A global flight-to-safety continues to dominate the landscape as lower oil prices drives the bid for core fixed income markets”
– ED&F Man
Anyone who was hoping the market would rebound on last-minute news that the US government has gotten funding for another 9 months, will […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, December 04, 2014 3:51 PM
How big can the current asset bubble get? Stocks, bonds (especially junk bonds), and equities are all in huge bubbles.
I know full well that calling the end is problematic. Economist Nouriel Roubini thinks he knows.
Roubini says we are in the […]
zerohedge.com / by Tyler Durden / 12/05/2014 07:04 -0500
Confused why in the lack of any horrible economic news (unless of course someone leaked a worse than expected November payrolls print which would put QE4 right back on the table) futures are higher, especially in the aftermath of yesterday’s disappointing ECB conference? Then look […]
marctomarket.com / by Marc Chandler / November 20, 2014
There is plenty of data out today and it is generally reinforcing our three many thematic points: divergence, weak commodities, especially energy, and the slowing of the Chinese economy. This is helping the US dollar and global bonds, but weighing on equities. HSBC’s flash manufacturing […]
zerohedge.com / by RCube Global Asset Management / 11/18/2014 08:20 -0500
“One thorn of experience is worth a whole wilderness of warning.” – James Russell Lowell, American poet.
Please find below a great guest post from our good friends at Rcube Global Asset Management. In this post our friends go through the growing divergence in […]