Jeffrey D Saut's picture

I stopped my rental car in the middle of a cluster of giant sequoia trees while driving to one of my speaking engagements in northern California last week. I have always been overwhelmed with these beautiful “beasts” and...

Sheraz Mian's picture

Stocks opened in the red this morning, with Greece cited again as the culprit following another inconclusive meeting with its creditors on Monday. Greece notwithstanding, stocks have had a good run in...

Sheraz Mian's picture

Stocks appear on track to continue the positive momentum from Thursday in today’s session, with positive news out of Europe helping boost sentiment. Good to know that Europe is capable of producing...

Marc Chandler's picture

What a difference a week makes. Last week's US employment data had put the dollar bulls back into control. Developments over the last 24-48 hours have seen the reins slip from their hands. Three developments in...

Urban Carmel's picture

It's conventional wisdom that new highs in indices should be confirmed by an expansion in breadth. In other words, you want to see the number of stocks trading above their moving averages expand as the index price moves higher.

Chris Puplava's picture

Greece is beginning to dominate global news once again as the newly elected party, Syriza, is trying to renegotiate the country's debt with its creditors, mainly the ECB. Both sides appear to be playing chicken which is...

Matthew Kerkhoff's picture

During periods of major economic duress, escaping the financial markets entirely (or repositioning to profit from falling asset prices) can be wise. At other times, during less intense periods of duress, seeking exposure that...

Charles Hugh Smith's picture

There is an undeniable internal logic to the idea that Greece should jettison the euro and adopt the U.S. dollar as its national currency. Several astute readers pointed out that for Greece to renounce...

Marc Chandler's picture

The discussion about Greece and its future in the monetary union, or like Greenspan opined, the lack thereof, has focused on economic issues to the near-exclusion of all else. This is myopic. There are important...

Urban Carmel's picture

In May we started a recurring monthly review of all the main economic data. At the time, the consensus view was that growth in wages and employment were accelerating and that this would soon lead to a meaningful...

Quantcast