In case you’re our lonely reader from Botswana (and we do apparently have one), the FOMC minutes will be released today at 2pm. The whole market has been eyeing today for the past week. But …
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Global volatility is gradually rising for various asset classes. Implied volatility for most assets is now higher than their 52 week moving averages, a rare occurrence over the past 18 months, a period of especially …
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When the S&P 500 stayed above 1400 after hovering around the level for most of the first half of August, it seemed inevitable that the index would break to new highs. Yesterday, it finally did, …
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Friday was just one of those days in the markets where there was a little something for everyone……..the anticipation leading up to the Fed Chairman’s speech in Jackson Hole was one of those events that …
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WSJ Fed Chairman Ben Bernanke’s main message in his much-awaited Jackson Hole speech is essentially, “Stay Tuned.” In light of the slow economy, investors have been clamoring for the Fed to renew its quantitative easing …
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WSJ Tomorrow’s Economics: 8:30 a.m. ET: Weekly jobless claims are due from the Labor Department. They’ve been hanging around 400,000 for forever, which is better than getting worse. Economists are going ahead and assuming they’ll …
Continue readingWell, the sky is most definitely falling and the only things up across the whole world is Gold (not unexpectedly making new all time highs), the Swiss Franc and the Yen. Asia took the whole …
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As I write this morning at 8:15am, the S&P futures are down about 1%, reversing much of yesterday’s rally off of the lows. Wednesday’s action in our markets was encouraging when you consider how most …
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