Markets

Sep 30, 2015 at 12:07

The Chicago PMI is in negative territory, plunging to 48.7 from a prior reading of 54.4 and a Bloomberg Consensus Estimate of 53.6.

Sep 30, 2015 at 06:15

Congratulations (of sorts) once again go to Illinois, the only state in the Midwest where SNAP (food stamp) growth outpaced job creation during the recovery ...

Sep 30, 2015 at 05:41

Best reading of the cycle suggests that the decline to 1105.9 ended wave ((W)). From this level, the index bounced and ended wave ((X)) at 1193.85. The index has since…

Sep 30, 2015 at 05:34

USD/CHF is still holding below resistance at 0.9844 (25/09/2015 low). The technical structure still shows an upside momentum. We remain bullish in the medium-term.

Sep 29, 2015 at 17:14

One of the early signs that a cycle is about to turn down is disorder in junk bonds. That's because the companies that issue such bonds are by definition financially…

Sep 29, 2015 at 15:37

It's campaign season, and that means non-stop media coverage of candidate polls, quips, gaffes, tweets, emails, controversies, lies, and scandals. It all makes for a good soap opera. Unfortunately, it's…

Sep 29, 2015 at 14:57

Falling stock and commodity prices around the world are underscoring a change of fortunes for the global economy. As the shockwaves from Europe, China and the developing markets spreads, there…

Sep 29, 2015 at 14:50

Whether the Fed moves later this year - sometime in 2016 or stands pat for the foreseeable future, their paint by number projections of where they foresee the fed funds…

Sep 29, 2015 at 14:45

Everyone is so focused on looking at the Fed and whether or not it decides to raise rates by a puny 0.25%, that they are completely overlooking the fact that…

Sep 29, 2015 at 14:00

Well, down anyway. An emissions scandal at VW (the world's largest auto maker), the announcement from Caterpillar that it is laying off 10,000 workers, a 5,000% price increase in a…