Archives by Month:
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- January 2024
- December 2023
- November 2023
- October 2023
- August 2023
- July 2023
- June 2023
- May 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- July 2016
- June 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- November 2012
- October 2012
- August 2012
- July 2012
- June 2012
- May 2012
- April 2012
- March 2012
- February 2012
- January 2012
- December 2011
- November 2011
- October 2011
- September 2011
- August 2011
- July 2011
- June 2011
- May 2011
- April 2011
- March 2011
- February 2011
- January 2011
- December 2010
- November 2010
- October 2010
- September 2010
- August 2010
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- June 2009
- April 2009
- February 2009
- December 2008
- November 2008
- October 2008
- August 2008
- June 2008
- May 2008
Archives by Year:
Russia: Policy Rate Raised To 18%
As of today: For comparison, here is the y/y (official) inflation rate (through June). With the policy rate at 18%, and y/y inflation at 8.6% (through June), we have in essence a contractionary monetary policy. The ex-post real rate was 7.4% in June. Assuming adaptive expectations, the ex ante real rate for August onward is […]
OpenAI Announces Its Google Killer: SearchGPT
It started in 2022 with perplexity.ai, which (when it was working great) allowed you to do 10 minutes of Google searches in about 10 seconds. Google’s answer? AI Overviews, which got everyone’s knickers in a knot because there were no links, which meant no revenue for content creators or publishers. Now, there’s OpenAI’s newly announced […]
Market Volatility, Political Drama Increases Uncertainty As Metals Fall
Image Source: Pexels As Democrats prepare to coronate Kamala Harris, investors are growing nervous.One measure of investor apprehension is the VIX volatility index, also known as the fear index. The VIX spiked on Thursday to its highest level in three months.That coincided with a selloff on Wall Street, with tech shares getting hit especially hard. Commodities […]
Stocks And Precious Metals Charts – U.S. Dollar
Stocks rallied a bit after the big decline but flopped a bit into the close.The Dollar chopped sideways.Gold bounced, silver held its own.VIX dropped. Risk is not a sentiment that this market embraces.Non-Farm Payrolls and the FOMC meeting next week as indicated in the calendar below.Have a pleasant weekend. More By This Author:Stocks And Precious Metals […]
The Volatility Beast Is Waking Up
Image Source: Pexels On Wednesday, I told everyone who knows what’s good for ‘em to get their helmets on, because it’s about to get very choppy.Well, I hope your choice of protective headgear is comfy and stylish because my prescription hasn’t changed. In fact, if you’ve got two helmets, put ‘em both on.The VIX and all […]
Wall Street Scores Winning Session, Mixed Week
Wall Street rallied in a big way Friday. The Dow added 654 points to secure a fourth-straight weekly win, with help from 3M’s (MMM) 23% pop. The S&P 500 and Nasdaq, meanwhile, logged their second consecutive week of losses despite solid daily wins, as the tech sector failed to recover from this week’s selloff. The […]
Market Talk – Friday, July 26
Image Source: Pixabay ASIA:The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 202.10 points or -0.53% to 37,667.41 Shanghai increased 4.16 points or 0.14% to 2,890.90 Hang Seng increased 16.34 points or 0.10% to 17,021.31 ASX 200 increased 60.10 points or 0.76% to 7,921.30 KOSPI increased 21.25 points or 0.78% to 2,731.90 […]
Canada’s “Worst Decline In 40 Years”
Canada’s standard of living is on track for its worst decline in 40 years, according to a new study by Canada’s Fraser Institute.The study compared the three worst periods of decline in Canada in the last 40 years — the 1989 recession, the 2008 global financial crisis, and this post-pandemic era.They found that unlike the previous recessions, Canada […]
Expect The BLS To Revise Job Growth Down By 730,000 In 2023, More This Year
Data from the BLS, chart by MishThis is a complicated post that goes into some of the more arcane procedures the BLS uses to produce the monthly jobs report.But please read on. I will tie everything together after a discussion of the data used in this post.As a bonus, I have confirmation from Bloomberg’s chief […]
The U.S. Presidential Race Shakes Up. Do Markets Care? Market rotation into U.S. small cap stocks continues Biden drops re-election bid, backs Harris. Does it matter to markets? Another month, another rate cut in Canada
Video Length: 00:06:27 On the latest edition of Market Week in Review, Senior Director and Chief Investment Strategist for North America, Paul Eitelman, and Equity Manager Research Analyst Michelle Batjargal discussed the rotation into small cap stocks in the U.S. equity market. They also chatted about the potential market impacts of recent U.S. political developments […]
