The University of Michigan just released its revised Consumer sentiment data for the month of November, which came in below expectations at 71.8 (street expecting 74.0). This however was a modest 1.3...
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market...
Corporate insider trading activity has never been more bearish than it is right now. This should be especially concerning given the fact that aggregate insider activity is one of the best predictors...
Following President Trump’s re-election, the S&P 500 has seen an impressive surge, climbing past 6,000 and sparking significant optimism in the financial markets. Unsurprisingly, the rush by...
Crude Oil markets are being torn from rising because of rising geo-political risk against a backprop of a rising dollar that surged to new highs thwarting the oil war risk rally. The oil markets...
RBNZ is expected to cut rates by 50 bps at its last policy meeting of 2024. But will PCE inflation data give the green light for a Fed cut? Eurozone flash CPI also critical for ECB’s December...
The ongoing rise in continuing claims looks worrisome, but initial claims are telling a considerably more upbeat story. Which one’s the better measure? The positive spin via initial claims is...
Wall Street’s poster child for AI is Nvidia (NASDAQ:NVDA). With an overwhelming market share in AI chip design, Nvidia is up over 200% year to date and a whopping 2680% over the last five years....
Gold continues to gain, as geopolitics generates headlines Hawkish Fedspeak and strong US data support the dollar Euro suffers from another weak set of PMIs Yen fails to benefit from stronger...
Gold Grows for the Fifth Consecutive Day Gold (XAU/USD) grew by 0.73% on Thursday as investors turned to safe-haven assets amid increasing geopolitical risks. Earlier this week, Ukraine launched its...