Global stocks held near record highs on Thursday, with US equity futures flat due to the Thanksgiving holiday while the rally in European stocks paused, as recent vaccine progress and hopes for […]
The market has ripped higher since the November 5th FOMC statement (helped by vaccine hype and election hope) and it seems from the Minutes that there is some disagreement in the central […]
US index futures dropped alongside shares in Europe with Dow Jones futures sliding back under 30,000. As a furious three-day rally paused ahead of a slew of pre-holiday economic indicators. Data, from […]
A lot of people are turning more bullish on the economy with the possibility of an effective COVID-19 vaccine. But in his podcast, Peter Schiff argued that coronavirus isn’t the problem. COVID-19 […]
Earlier this week we reported that with month-end fast approaching, banks are starting to publish their estimates of what upcoming pension rebalancings will mean for stock and bond flows. The first such forecast came […]
After futures dropped sharply, sliding as much as 1% during the Asian session after Steven Mnuchin announced that the Treasury would seek to recover nearly $500bn in cash from the Fed as […]
Stocks continue to surge upward thanks to optimism about a coronavirus vaccine. Of course, stocks have been on a bull run ever since their big March drop at the beginning of the […]
Yesterday we joked that, now that all the “good” covid vaccine news have been priced in, if stocks are to go up then the vaccine makers must keep their mouth shut for the […]
At the start of November, in a moment of brutal honesty, JPMorgan’s quant strategist Nikolas Panigirtzoglou made a remarkable admission: there is nothing better for stocks than another economic catastrophe such as a new […]
Earlier today, we reported that sentiment in the latest Bank of America Fund Manager survey was so bullish, even survey organizer, BofA Chief Investment Officer Michael Hartnett, said it’s time to turn bearish for […]
