Initial estimates of second quarter GDP is released at 8:30. Analysts are expecting a 1.8% growth rate as the decline in inventories is expected to subtract about 1.3% from growth. This is the inverse from the first quarter when inventory ...

Two consistent themes of these remarks is the discrepancy between value and growth stocks and the lack of liquidity. In many regards I believe they are connected. Commenting about value stocks, Bloomberg wrote yesterday the last time value shares were ...

It has been an incredible six months. Few were able to predict how quickly the narrative changed from global synchronized recovery to global synchronized slowdown. Even fewer predicted how ...

There is an old market axiom that the markets can remain irrational longer than one can remain solvent. Bank of America commented yesterday that today’s market is the most crowded trade in history. The environment is groupthink on ...

FRB Chair Powell testifies to Congress today about the state of the economy. The market has fully discounted a 0.25% reduction at the conclusion of the July FOMC meeting. I rhetorically ask will ...

The main focus for the markets this week looks to be Fed Chair Powell’s remarks before Congress. His remarks can greatly influence the markets. As widely noted and discounted, the markets are expecting at least a 0.25% reduction in the ...

Friday the all-inclusive June unemployment data is released. The data could be of considerable significance regarding the outlook for monetary policy. As written many times the markets have discounted a 0.75% in the overnight rate by year end with ...

Nervousness amongst many iconic market luminaries is rising with one calling the current environment the “Wild West.” In my view a major reason for this nervousness is the massive influence of the absolute dollar amount of assets in ...

Stocks advanced globally after the US and China reached a fresh truce in the trade war and agreed to resume talks towards a deal.. Gold and Treasuries retreated and oil is ...