Street Savvy

Highlighting uncertainty in financial markets is typically a low-value-add comment – that is their whole reason for existence, after all. We are also acutely aware of the risks of confirmation bias. Nevertheless, there are enough tangible risks

Equity markets rose 4%, recovering about half of May’s losses as we entered wait-and-see period. The core question for financial markets remains whether trade-inflicted damage on business confidence will take hold faster and/or outweigh the benefit o

The two future paths currently being predicted by bond and equity markets are close to mutually exclusive; and the old, New York trading-floor saying is “the smart money is in bonds”

Over the past few years, we have been uniformly bullish on equity markets with one exception, which was in August 2018. This is the second exception.

After a flurry of updates during the past two weeks, 75% of S&P 500 companies have now reported and a much-better-than-feared Q1 earnings season is fading in the rear-view mirror.

Earnings season has started and with 15% of S&P companies reporting – including most of the major banks – the results so far seem not-that-bad. Perhaps more importantly...

After a few days of acclimatizing to the partial US yield curve inversion, equity markets...

Wednesday’s Federal Reserve guidance was a major dovish surprise...

US equity markets have stalled out after hitting a plateau in late February...