Urban Carmel's picture

Last week, the number of investment advisors who are bullish US equities dropped below 50%. For many, this was seen as sign of bearishness. Indeed, relative to the past 16 months, investment advisors were relatively bearish...

Sheraz Mian's picture

It’s been a long time since Japan’s economy has produced the type of growth it did in 2015 Q1, with GDP growth coming in at a better than expected +2.4% vs. an upwardly revised growth pace of +1.1% in...

Marc Chandler's picture

The 57 founding members of the China-sponsored Asian Investment Bank are meeting in Singapore. Many countries rushed to join the new development bank before the March 31 deadline even though key rules had not been decided.

George Friedman PhD's picture

A pretentious title requires a modest beginning. The world has increasingly destabilized and it is necessary to try to state, as clearly as possible, what has happened and why. This is not because the world is uniquely disorderly...

Michael Shedlock's picture

Those in medical school pondering career specialties need consider which fields may soon vanish to robots. Anesthesiology is one field in the robotic spotlight. Please consider this Washington Post headline quote...

Sheraz Mian's picture

Today’s Housing Starts and Permits data for April came in better than expected, which followed soft housing readings in the preceding two months. Importantly, Starts went back above the one-million unit mark after staying below...

Matthew Kerkhoff's picture

If you own any bonds, or have exposure to bond funds, perhaps through a retirement account, it’s a good idea to understand how the value of those bonds will react to changes in interest rates. Recall that owning bonds, or being...

Jeffrey D Saut's picture

The S&P 500 (SPX/2122.73) has basically been locked in a trading range between 2040 and 2100 since early February of this year. Some technical analysts term the subsequent chart pattern a wedge and others call it a rising wedge.

Urban Carmel's picture

Jeff Gundlach is the new Bond King. Last year, when the consensus overwhelmingly expected US 10 year yields to rise over 3%, he said they would instead fall under 2%. In the event, they fell to 1.65%.

Charles Hugh Smith's picture

The costs and consequences of Greece exiting the Eurozone may well dwarf the financial losses triggered by Greece's default. The term Jingle mail originated in the great popping of the housing bubble 2008-2011.