Market Overview Analysis & Opinion

Last week, I reminded readers that high-inflation environments are associated with lower equity multiples, all else being equal, and that that phenomenon has been true for more than a hundred years....

US futures are indicating a slightly lower open. European equity markets have opened weaker, following mostly negative Asian trade. There is some skepticism about the sustainability of the recent...

Q3 earnings season expected to be a major test for the market S&P 500 Q3 earnings growth of 2.9% and revenue growth of 8.7% Energy, Industrials likely to stand out Financials, Communication...

US futures are indicating a lower open. European equity markets have opened higher, following mostly higher Asian trade. The early week rally has been pinned on hopes for a central bank pivot...

US futures are indicating a lower open. European equity markets have opened lower, following higher Asian trade. Markets continue to digest the possibility of a central bank pivot as growth concerns...

I was thinking about the market and what is potentially behind this stupid rally, and at heart, this seems like nothing more than an oversold bounce, given a lot of bond market dislocation last week....

UK government to keep top tax rate but credibility badly damaged Eurozone inflation at 10% galvanizes ECB policymakers US investors see light at the end of the tunnel The British government has...

Stepping into the spooky month (from a historical market perspective, of course) of October, we need to take administrative notice of the fact that the S&P 500 has fallen more than 8% in three of...

Nasdaq 100 futures underperformed futures on the Dow, S&P and Russell 2000 and were the only index to trade in the red.Sharply rising Treasury yields have been a critical driver of this year's...

This week, we will again get several opportunities to reconsider the received wisdom that when mortgage rates rise, home prices must fall. Last week, median home prices in the Existing Home Sales...

Let's be frank: The third quarter was a mess for stocks. It doesn't much matter where the stocks were traded, except this: U.S. stocks in September were not a place you wanted to be.The Dow Jones...

Soaring yields demonstrate investors believe Mester's path to higher interest rates The three major averages extended downtrend Nonfarm Payrolls will create inflation expectations This past January, I...

When members of the Federal Open Market Committee (FOMC) express vastly divergent views in their deliberations, it is quite a challenge for the chair to maintain consensus while making the right...

Amid weak global economic conditions and higher demand for safe haven assets, high-yield (HY) debt issuers have become increasingly cautious when it comes to market participation. Of late, issuers in...