Equity selloff in Europe and the US extended on Thursday. Technology stocks suffered the biggest losses after Microsoft (NASDAQ:MSFT) and Meta (NASDAQ:META) – which represent nearly 10% of the...
NFP report expectations: +108K jobs, +0.3% m/m earnings, unemployment at 4.1% Coming in the lead-up to a tightly contested Presidential election, this month’s jobs report could have an outsized...
Even though we are on the precipice of a potential all-out war in the Middle East, which could cause a major oil price shock and trigger global recessions, US stock valuation ratios are near all-time...
Jobs Day will likely be messier than usual with recent hurricanes and a strike weighing temporarily on payrolls. Even with solid underlying growth, the headline could look rough. Today’s post...
What a long, strange trip it’s been for some analysts since the summer of recession forecasts turned into yesterday’s robust 2.8% rise in third quarter GDP. A key driver of Q3’s advance: higher...
From this yesterday's gross domestic product (GDP) release, we learned defense spending grew 15% annualized, the fastest since 2003. Quarters immediately following double-digit gains are often much...
Gold Continues to Renew Historical Highs Yesterday, gold (XAU/USD) reached an all-time high of $2,790 before pulling back slightly towards $2,775. XAU/USD then returned to its previous maximum and...
The U.S. GDP rose 2.8% in Q3. Economic growth was sparked by a spike in consumer spending. Will it impact the Fed's decision on interest rates? The PCE for the quarter rose just 1.5%, while...
In terms of breadth, yesterday was a fairly-balanced down day, with about 270 stocks down in the S&P 500 and around 230 higher. The index has traded chiefly sideways since it broke the smaller,...
European and US markets nosedived yesterday on the back of ‘good news is bad news’ - and the futures hint at a bearish start to Thursday’s session. First, Spain, France, and Germany revealed...