Sheraz Mian's picture

We are entering the heart of the Q1 earnings season, with more than 100 S&P 500 members coming out with results this week and more than 170 index members reporting next week. The unsuccessful weekend meeting among oil producers...

Marc Chandler's picture

At the IMF/World Bank meetings this week, Chinese officials are again pushing for greater use of the IMF's unit of account, Special Drawing Rights. It is China's turn as the rotating host of the G20, which gives it greater influence over its agenda.

Chris Puplava's picture

Corporate profitability has been a reliable early warning indicator of a coming recession and bull market top. According to the April 4th quarterly review by Strategas Research Partners, the S&P 500 peaks on average 7 quarters after corporate profit margins peak. Given the most recent peak...

Robert Rapier's picture

Yesterday, as had been expected, Peabody Energy Corp. (NYSE: BTU) — the largest coal producer in the United States — filed for Chapter 11 bankruptcy protection. Following the announcement I immediately began to receive...

Clif Droke's picture

It’s a trite saying but a profound one all the same: “History always repeats.” We’ve all heard this bromide countless times, yet how many of us have truly pondered its significance? The truism that history tends to repeat itself over time is...

Marc Chandler's picture

The weekend meeting between many OPEC and non-OPEC producers has helped spur the recent gains in the price of oil. We are concerned that market may be getting ahead of itself. First, the freeze in output that had previously...

Andrew Zatlin's picture

In the eyes of consumers, everything is awesome. The stock market has rebounded in full and distant threats to disposable income (slowing wage growth, rising inflation, end of gas price-dividend) are exactly that, distant.

Clif Droke's picture

Since bottoming in February, the stock market “tape” has been very constructive. The NYSE advance-decline (A-D) line led the rally off the February lows, which is the first thing we look for when judging the strength of a bottom.

Kurt Kallaus's picture

US and Canadian oil production rose at a parabolic rate for 4 years ending in June 2015. While Canadian supplies may have plateaued and remain near record levels, US output began a longer term decline that we are certain will...

Matthew Kerkhoff's picture

With the first quarter of 2016 now in the books, the focus turns to earnings. So far the picture is not looking very pretty. Earnings for S&P 500 companies are estimated to decline 8.5% (FactSet). If negative earnings growth comes...

Quantcast