Last week we wrote that Gold’s poor performance in real terms could reflect its worsening fundamentals. Real interest rates are rising because the rate of inflation has peaked and bond yields are re...
For dip-buyers in the S&P 500, 2017 has actually been a tough year… because there hasn’t been any. As JPMorgan notes, 2017’s 3% intra-year decline is the smallest since 1980 (...
It was a short week for U.S. markets given the July 4th holiday, which was marked by a number of geopolitical events, including North Korea’s missile launch and President Trump’s private meeting w...
The S&P closed the July 4th holiday week with a mere gain of 0.07%. The index opened above yesterday’s close and spent the first half of the day climbing, only to level off and close with a ...
U.S. economic data is softening and volatility remains low as the third quarter gets underway, but for all the activity among favored tech stocks during the second quarter, U.S. equities could only ...
The payroll report for June 2017 was the first “good” one in some time. There are now a few indications that the “reflation” in the economy may be finally having positive effects on the labor ...
The number of new 52-week lows on the NYSE is elevated. It isn’t what you want to see if you are expecting the market to push stock prices higher. On the other hand, it looks like we are getting...
A few weeks ago I talked about commodities being at cross roads, and it’s particularly true for this commodity. Copper has been locked in a fairly tight range after the fast and furious breako...