Is this morning’s June non-farm payrolls print of 287,000 as much of an anomaly as last month’s May print of 38,000? Probably, which is why forecasters and pundits smooth out the data. In the first quarter …
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Until the S&P 500 (SPX) makes a new all time high (less than 2% away), or fails in and around 2100 for the 7th time (since the all time high) in May 2015, I’ll just shut …
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Some day you will find me Caught beneath the landslide In a champagne supernova in the sky Oasis Last night while sitting on set of CNBC’s Fast Money I got the following text from my main …
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Last year we spilled a decent amount of ink on these pages about the unhealthy breadth situation in U.S. stocks, with a dozen or so mega-cap stocks masking poor performance from thousands of others. This …
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Perusing the performance of overseas markets early this morning the weakness in Japan’s Nikkei (down 2.4% on the session) stuck out like a sore thumb. The Nikkei is down on the year after being up nearly …
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White House officials indicated last night that President Obama is set to announce Janet Yellen as the new Federal Reserve Chairman nominee. She is expected to be confirmed in the Senate. Markets took on a …
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Asset prices for the most part are little changed from where they were as U.S. traders left their desks yesterday. Not much progress on the U.S. political negotiations, which continue to dominate the headlines. Asian …
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John Boehner made clear over the weekend that a clean debt limit bill would not be brought in the House. As a result, the market awaits further negotiations around the government shutdown and the debt …
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Overnight price action in SPX futures had its tightest range of the week, and most Asian and European equity indices moved less than 1%. Asian Indices Mostly Lower, Japan Again Weakest – No major economic data …
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