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January is over and most are happy to forget the month. It is the worst start of the year since 2008 as the selloff has erased over $7 trillion from market value worldwide. January is also the worst month since 2010. Will February be the...

Today is the commencement of the 2 day FOMC meeting. No change in monetary policy is expected. I am certain the central bank will know the fourth quarter growth rate. Analysts are expecting a 0.8% increase for the period, the slowest pace since the 0.6%...

Equites advanced yesterday on “relatively” light volume as data indicated consumer spending buoyed the economy in the third quarter. Oil halted its decline for a second day on the prospect of greater stimulus from China....

Friday was an ugly day; a trading day I believe that was again entirely influenced by HFTs. Friday the WSJ editorial page commented about the bifurcation between hedge funds/active management and passive investing....

Today is the first estimate of third quarter GDP. Analysts are expecting growth to rise by 1.5% versus a 3.9% pace of the second quarter. In quarter’s past, equities have dropped if the data surprised on the upside given rising odds of a change in...

Stocks jumped on Friday as central banks are reasserting themselves over financial markets, with fresh stimulus form China. The PBOC cut interest rates Friday, a day after the ECB signaled it will bolster stimulus if needed. Equity futures were showing early morning strength because of...