Markets

Dec 16, 2015 at 06:10

Today's release of the UK jobs figures confirms the suspicions of the doves at the Bank of England, with earnings (pay) growth continuing to decline, joblessness pushing higher for the…

Dec 16, 2015 at 06:05

AUD/USD is moving sideways. The technical structure suggests that the pair has entered into a trading in range phase between hourly support at 0.7160 (intraday high) and hourly resistance at…

Dec 15, 2015 at 13:59

Congratulations to the village board of Lincolnshire, Illinois for having the courage to stand up to union bullies by passing right-to work legislation at the local level.

Dec 15, 2015 at 13:54

The best on the curve (10s to 2s) was reached in June and the financial sectors rallied well. The best was 179 bps and it flattened to 129 bps on…

Dec 15, 2015 at 13:51

Wall Street has a new hobby use good money to create the illusion that all is well; only unlike most hobbies, the intent is to distort reality and reward lazy…

Dec 15, 2015 at 13:20

As expected, the Empire State Manufacturing Index is in contraction for the fifth consecutive month. Employment and workweek both collapsed. Economists pretty much got the index correct with a Consensus…

Dec 15, 2015 at 10:51

Tomorrow's FOMC announcement is arguably the most important Fed event of the past 35 years. It's a defining moment in Janet Yellen's career, and so I've dubbed it as... "J…

Dec 15, 2015 at 07:45

This doesn't look alarming, but the story of the low core inflation over the last few years can be thought of this way: shelter prices going up; core services ex-shelter…

Dec 15, 2015 at 07:31

We are approaching the most anticipated and crucial week of the past seven years, and the global markets have been selling off. Last week, saw crude oil, junk bonds and…

Dec 15, 2015 at 07:30

Elliott Wave Theory is a great tool for traders when the traders understand that it is only a tool to help them anticipate a big move. The dream of traders…