Gold •153 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 953.60 | -6.60 | -0.69% | |
WTI Crude •10 mins | 70.04 | +0.10 | +0.14% | |
Gasoline •10 mins | 1.964 | +0.002 | +0.08% | |
Ethanol •153 days | 2.161 | +0.000 | +0.00% | |
Silver •153 days | 30.82 | +1.16 | +3.92% |
Silver • 153 days | 30.82 | +1.16 | +3.92% | ||
Copper • 153 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.78 | +0.16 | +0.22% | ||
Natural Gas • 10 mins | 3.037 | -0.005 | -0.16% | ||
Heating Oil • 10 mins | 2.215 | -0.003 | -0.13% |
Contributor since: 26 Feb 2010
The Bank of England meets tomorrow morning, with rates already sitting at 0.50%. The ECB also meets, with the policy rate at 1.50%. Today, the…
I think it was Billy Joel who said something like "you can't trade trashy until you spend a lot of money." Today, the Congress finished…
The overnight equity-market rally lasted a full three minutes into the trading day before investors began the sell-the-news trade following the generally-expected pop on news…
Investors on Friday felt a bit betrayed, while the man on the street said "See? I told you so!" as the Bureau of Economic Analysis…
Bonds shrugged off somewhat-upbeat economic news and stocks managed to fade late in the day. As bullishly as the equity market was behaving two weeks…
It seemingly dawned on investors today that something smells bad and it isn't clear whether it is something that is already in the trash (say,…
I have said several times that I expect the debt ceiling debate, as heated as it has become, will be resolved "just in time" and…
Can one billion Benjamins be wrong? Actually, it's more like 1.57 billion hundred-dollar-bills (aka "Benjamins") that the EU and private bondholders are committing to the…
If €160 billion could somehow be an unimportant amount, today it was. But before we get to the latest discouraging result from the EU, let's…
It has now happened twice in the last few weeks that equities have blasted off, seemingly on nothing or next-to-nothing, before trading sideways for a…
I begin to wonder how much more 'flight to quality premium' there can be in U.S. Treasury bonds. Today Greek 10-year yields rose 59bps to…
On Friday the BLS released the monthly CPI figures, and there was again a little gasp when an 0.3% on Core inflation graced the tape.…
A whirlwind of data this morning left the market undisturbed. Retail Sales and PPI came in as-expected; Initial Claims was stronger-than-expected by 10k, but last…
As expected, the news event du jour was Chairman Bernanke's semiannual Monetary Policy Report to the Congress (neé Humphrey-Hawkins). Before we get into the market's…
Most of the New York trading day on Tuesday was sedate, if you could overlook the fact that equity futures had a 25-point range overnight.…
These days I find myself alternately flabbergasted and outraged, with very little else. And sometimes, I am both. Exhibit "A' is the bill that my…
Warning: excessively long post. And I apologize about the many different fonts on the various charts! That was not the Payrolls number I was expecting,…
The stock market continues to power ahead, with the S&P up another 1.1% today and about 7% over the last 8 trading sessions. For those…
Now that Greece has avoided the immediate default by promising whatever was necessary to get the latest tranche of aid, the real game has begun…
QE2 is now over. Long live QE2! The following table illustrates the effect of the second bout of quantitative easing from start to finish. I've…