This 'Mini-Crash' Is Likely Only The Beginning

01:45am, Tuesday, 08'th Sep 2020
Could this be just a two-day mini crash? Relentless selling pressure and strong downside volume suggest otherwise.
More than half of the days in August saw more S&P 500 stocks down than up, yet the index itself posted a 7% gain for the month.
Over the last few weeks, we have discussed that while the markets were continuing their seemingly unstoppable advance, there were many technical extremes reached.
In today's #Macroview, we will discuss the 5 reasons why the Fed will not get inflation, and why deflation is the bigger risk.

Weekly Commentary: Summer Of 2020

09:50am, Sunday, 06'th Sep 2020
QE fundamentally changed finance. The Fed's COVID crisis leap into corporate debt has wielded further profound impacts on corporate credit - yields, prices and issuance.
U.S. nonfarm payrolls posted a fourth monthly gain in August, adding 1.4 million jobs following a 1.7 million rise in July, a 4.8 million surge in June, and a 2.7 million gain in May.

What's Driving The Selloff In U.S. Markets?

01:52pm, Saturday, 05'th Sep 2020
Unpacking the August U.S. jobs report.

The Big 4 Economic Indicators: August Employment

01:43pm, Saturday, 05'th Sep 2020
This commentary has been updated to include this morning's (Sept. 4) release of Nonfarm Employment.

Making Sense Of Thursday's Market Rout

05:16am, Friday, 04'th Sep 2020
Today's 3.5% drop was a big deal. It was the 71st worst out of 17,783 trading days since 1950.

Don't Presume On History

04:55am, Friday, 04'th Sep 2020
The idea that buying growth stocks at any price is the prudent thing stems from the idea that you can't earn much in bonds, so you must buy stocks.
This old maxim has been around so long, it has spooked investors into selling in September. Of course, Thursday's market action did not do anything to engender confidence.
Is it going to be inflation or deflation? The two schools of thought are poles apart in their thesis of what effect central bank interventions will have.

September Will Be Ugly

06:58am, Thursday, 03'rd Sep 2020
This is a weekly series focused on analyzing the previous week’s economic data releases. The objective is to concentrate on leading indicators of economic activity to determine whether the economy i

Analyzing U.S. Equity Market Peaks

10:18pm, Wednesday, 02'nd Sep 2020
The S&P 500 share index has gained around 50% from its March 23 low of 2237, although the sharpest appreciation was already realized by June.

World Markets Update: August 31, 2020

03:32pm, Wednesday, 02'nd Sep 2020
Six of eight indexes on our world watch list posted losses through August 31, 2020. The top performer is China's Shanghai with a gain of 11.33%.
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