There are no two ways about it: it’s been a rough month, quarter, and year for the world’s reserve currency. The widely-followed US Dollar Index started the year in pea...
All eyes are currently on the crucial two-day FOMC meeting slated to start today. The central bank is expected to hold rates steady and lay out plans to unwind its $4.5 trillion ba...
A couple weeks back, I opined that the next big problem for the stock market might revolve around global central bankers changing their monetary policy tune on a coordinated basis....
Draghi Won’t Taper? The bond market gives us a picture of what investors are expecting from policy makers. The chart below shows the bond spreads the riskier European countries a...
As the Redfin (RDFN: $13/share) IPO approaches, investors must decide whether the firm is a traditional real estate brokerage or a technological innovator likely to disrupt the tra...
The non-seasonally adjusted Case-Shiller home price index (20 cities) year-over-year rate of home price growth was declined from 5.8 % (was reported as 5.7 % last month) to 5.7 %. ...
While interest rates have risen from depths that saw the 10-year treasury yielding 1.36% on 7/3/16, to 2.25% today, given Fed plans to tighten and pledge to shrink its balance shee...
Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly...
Binyamin Appelbaum had an interesting discussion of inflation in the NYT yesterday. As he notes, it has been below the Fed’s target throughout the recovery and, contrary to...
With today’s release of the May S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.1% month over...