Market Overview Analysis & Opinion

Alexis Tsipras won his elections for the second time this year. His party, Syriza, took in 35.5% of the votes against 28% for the closest challenger, the New Democracy. Syriza will therefore be able...

We’re about to experience turbulence… please fasten your seatbelts!The Fed’s eagerly awaited key rate decision at 2 p.m. today could definitely cause a fair bit of stirring on...

Greetings from Toronto! I am visiting our accounts here on Wednesday and Thursday, and going to see our accounts in Cleveland on Friday. I guess I should have stayed home to watch Yellen’s...

Not surprisingly, there is a strong inverse correlation between the yearly percent change in total non-gold international reserves (in dollars) and the trade-weighted dollar. The former is down -4.5%...

The next 48 hours will be massive for global central banks, with major monetary policy decisions taking place in Canada, New Zealand, the UK, and Russia all on tap this week. The first central bank to...

The U.S. economy created 173,000 jobs in August, falling short of the 217,000 new jobs expected by the market. The number of full-time jobs in the U.S. now stands at over 122 million, an all-time...

1) Reports suggest the PBOC will impose a 20% reserve requirement on financial institutions trading FX forwards 2) The HKMA had to intervene this past week at the strong side (7.75) of the HKD peg 3)...

On Monday August 24th, the S&P/TSX Composite declined due to investor worries over the global economy. Another ‘sell off’ occurred on Monday September 1st – with the TSX giving...

Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened...

Many commentators have ably explained the double-bind the central banks of the world find themselves in. Doing more of what's failed is, well, failing to generate the desired results, but doing...

As equity markets go to hell in a hand basket, and capital markets react to the additional safe haven flows, analysts are left wondering if Asia is facing a repeat of the 1997 financial crisis.The...

As equity markets go to hell in a hand basket, and capital markets react to the additional safe haven flows, analysts are left wondering if Asia is facing a repeat of the 1997 financial crisis.The...

The latest batch of US economic indicators certainly looks upbeat. The Consumer Confidence Index (CCI) rose sharply during August, led by its present situation component to the highest reading since...

The latest story scaring investors witless (TM OldProf Euphemism) is the collapse of the Chinese economy. It has become an element of Wall Street Truthiness. The Chinese are lying about their data,...