Rising Economic Uncertainty Supports Demand for Gold The gold (XAU/USD) price failed to rally on Tuesday and finished the trading session essentially unchanged as US Treasury yields continued to...
The S&P 500 is now down almost 19% since topping out in February. It closed at 4982.77 (chart). If it falls another 1.35% down to 4915.32, it will be in a bear market. The index was up sharply at...
The mood on Main Street continues to deteriorate. March small business optimism came in below estimates yesterday morning and fell below the long-term average (orange line on above chart) for the 1st...
The Capital Asset Pricing Model (CAPM) is a simple heuristic for thinking about market returns. Basically, the idea is that the main risk that you can’t diversify away from is collective business...
Things are getting ugly, especially in rates and FX. Significant decoupling is occurring, indicating a potentially massive flight out of the U.S. and severe liquidity constraints now hitting the...
The announcement of higher-than-anticipated tariffs during President Donald Trump’s self-proclaimed “Liberation Day” last week rattled markets, briefly pushing U.S. equities into a bear market —...
Gold looks fantastic! The fabulous short-term buy and sell zones chart for gold. We bought the approach to the $2956 horizontal support and resistance (HSR) zone yesterday, and the market is...
The first quarter of 2025 has been a particularly turbulent one for the financial markets: US equities had their worst relative performance in 23 years, Chinese markets rebounded, gold reached new...
By Mike Maharrey There is growing evidence that Americans may be edging close to the credit limit. That’s bad news for an economy that has run on credit cards for the last few years and adds to...
That is the billion-dollar question investors now face. One gauge to help us answer the question is corporate bond yield spreads. When the yield differential between corporate bond yields and...