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February’s jobs data was surprise. Payrolls rose by the smallest amount in more than a year but prior months were revised higher. Wages rose more than expected rising by the greatest pace in over a decade and the labor participation rate remained unchanged....

Initial data indicate retail sales fell by 1.2% in December from the previous month, the most since 2009. Most had expected an increase. What is even more confusing there was a pullback in a measure based largely on internet sales, which had been...

According to Bloomberg the number of liquidated ETPs (exchange traded products) is on pace to hit 1000.  The growing graveyard of exchanged traded funds and notes is the result of the massive proliferation of this extremely low fee product whose expenses are paid almost entirely...

Where to?  During the last 45 days it appears everything is going wrong at once.  Commodities led by a record plunge in oil, have been crushed.  In equities, the FAANG complex is down about 25%.  Debt markets have been rattled by the turmoil engulfing GE...

Legendary hedge fund manager Stan Druckenmiller lamented whether or not the markets will ever return back to a normal macro trading environment?  Many iconic market luminaries are commenting about the “disturbing machination of the equity...

The Dog Days of Summer are continuing.  This lack of volatility—30 days without a 1% move in the S & P 500 for 30 days which is the longest stretch since early 2014—is manifested in the market’s volume.  Dow Jones Newswire further wrote there has...

Fitch reported yesterday losses in the sovereign debt market would globally approach $3.8 trillion if yields rose to 2011 levels.  The 10-year reached a 3.74% yield on February 8, 2011 and then plummeted to a 1.71% yield by September....

At one time oil rallied over 2% yesterday.  Dow Jones wrote on a closing basis oil has moved over 2% forty two times this year, more than the total number of such moves over the past three years.  Perhaps it is a gross understatement that...