Market Overview Analysis & Opinion

So far, September isn't living up to its bad reputation for the stock market now that the S&P 500 and the DJIA are at record highs. At the start of the month, on September 2, we asked, "What...

From time to time, I like to point out errors that we make because we think in nominal space, or because we had 25 years of inflation being so low that we didn’t have to think about it very much. I...

Overview of the US market's premarket conditions on Monday, September 23, 2024. Noting that stock index futures and commodities are trading above fair value, suggesting a positive start to the...

US futures are indicating a softer open. European equity markets are mixed and Asian markets were mostly higher. Markets are still reacting to last week’s Federal Reserve rate cut, with futures...

The financial media appear to once again be leading the public astray about the Yield Curve situation. The media pounded and pounded the yield curve’s inversion as a signal about an imminent economic...

As I have noted here for the past few months, the narrative surrounding generative AI has shifted dramatically. This is starting to lead to a shift in estimates of the major players’ potential...

We've focused on three scenarios since the start of the decade: a 1920s-style Roaring 2020s, a reprise of the 1990s stock market meltup, and a rerun of That '70s Show with geopolitical shocks causing...

Both the Federal Reserve and Bank of Canada have kicked off interest rate-cutting cycles. Both the U.S. and Canadian economies are facing questions about recession risk. And both U.S. and...

In today’s Friday morning update, we provide a market overview with stock index futures trading around fair value in the pre-market. Nike’s stock is trading higher, surpassing its August highs,...

Last week, the Fed vice chair for supervision, Michael Barr, announced that the regulator had cut a proposed increase to capital requirements for the largest US banks by more than half. According to...

We’re going to cover a few articles and reports today: 'We’re definitely not going to an old-age home’: Why seniors aren’t downsizing their homes and what it means for Toronto’s...

US economic activity remains on track to post a softer but still-solid growth rate in next month’s official GDP report for the third quarter. The analysis is based on the median estimate from several...

US futures are indicating a softer open today. European markets are lower, following Thursday's gains. Asian markets finished mixed. The focus today is on the BoJ decision, where no changes to policy...

We've focused on three scenarios since the start of the decade: a 1920s-style Roaring 2020s, a reprise of the 1990s stock market melt-up, and a rerun of That '70s Show with geopolitical shocks...