Market Overview Analysis & Opinion

Markets are highly confident that the Federal Reserve will announce another cut in interest rates at the next policy meeting on Nov. 7, two days after the election. The uncertainty is whether the cut...

US futures are pointing to a higher open today on positive sentiment from after-hours rally in Micron (NASDAQ:MU). European equity markets have opened in the positive territory, following mostly...

Consumer confidence has been relatively depressed for the past couple of years according to the Consumer Confidence Index (CCI) and Consumer Sentiment Index (CSI), which are based on surveys...

This morning's premarket shows stock index futures and commodities trading near fair value. With China stimulating its economy, global markets saw gains on Tuesday, and the VIX remains on a sell...

S&P futures are pointing to a lower open today, down (0.14%). Asian equities closed mixed for the day, while European equity markets are broadly lower in early trades. Chinese equities were slow...

The odds continue to look favorable that the US will dodge an NBER-defined recession through the end of the third quarter. Q4 still looks more challenging, but that’s guesswork at this point. By...

I reviewed the spread on the SPDR S&P 500 ETF Trust (NYSE:SPY) yesterday. The white bars represent yesterday’s data, and the comparison is against the 180-day historical average. The spreads are...

Today’s premarket update covers various economic indicators and stock movements. We highlight that while stock index futures are quiet and trading near fair value, commodities such as crude oil...

Last week, the Federal Reserve made a significant move by cutting its overnight lending rate by 50 basis points. This marks the first rate cut since 2020, signaling the Fed is aggressively supporting...

As the Fed pivot starts with a 50-basis-point slash, the bond market expects more to come, and gold should benefit. Meanwhile, the risk of a second inflationary wave isn’t dismissed, and the Nasdaq...

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...