Equities fluctuated with the S & P hovering around a one month low amid data that bolstered the argument for higher borrowing cost, while remarks from FRB Chair Yellen signaled the central bank will remain deliberate in rising rates....
Democracy is ugly. It is visceral. It is filled with animosity. It is awesome!! We are witnessing the greatest form of government ever devised during some of its finest moments. What??...
In my view the Minutes from the September FOMC meeting did not break any new ground. They signaled policy makers will probably soon lift interest rates as the economy is slowly but steadily improving. The odds for a December increase remained unchanged around 67%. Market...
Stocks fell over concerns about faster inflation, lackluster earnings, and rising US dollar....
Equities advanced on thin holiday trading. The catalysts, the belief Clinton will win on November 8 and oil....
Treasuries have posted their longest slide since April, the dollar rose and stocks fell on speculation that today’s jobs data will boost the odds of interest rate hike later this year. The spread between comparable Treasuries to that of similar maturity German or UK debt...
Equites fell amid hawkish comments from Federal Reserve officials. High dividend shares and companies sensitive to a higher dollar declined the most while banks gained. Utilities are now down for eight consecutive sessions. Consumer staples and phone companies also got hit....
Is OPEC really going to cut production for the first time since 2008? It was announced the cartel will lower production by 796,000 barrels per day to 32.5 million. Depending upon the source, the world is oversupplied between 500,000 and 1 million barrels a day....
Equities shrugged off the drop in oil as consumer confidence rose and the perception that Hillary Clinton beat Donald Trump in their first debate....
Equities sputtered as some of the central bank euphoria waned. Oil fell about 3.5% after advancing earlier by almost 3% on confirmed reports by both The Financial Times and Reuters that Saudi Arabia agreed to cut daily production by 1 million barrels to around 9.5...