Sheraz Mian's picture

Headlines about the sharp sell-off in Chinese stocks and the ongoing Greek impasse provide the backdrop for today’s action, with the major indexes on track to continue the positive Fed-inspired momentum.

FS Staff's picture

Many investors think US stocks are already in a bubble and likely to crash, but, according to Martin Armstrong, they are likely in for a big surprise over the next year or two. Referring to the Dow Jones Industrial Average, Armstrong told FS Insiders this Thursday...

John Mauldin's picture

For the last four years, I have been highlighting the idea that when Beijing floats the renminbi, the currency may go down, not up, which is the exact opposite of what those who accuse China of currency manipulation believe would happen.

Global Risk Insights's picture

With interest rates being cut by Central Banks all across Asia, many have predicted a looming currency war in the region. Has Asia already entered a currency war? And if not, what will be its tipping point?

Doug Short's picture

The Latest Conference Board Leading Economic Index (LEI) for May is now available. The index rose 0.7 percent, which follows a 0.7 percent April increase. The latest indicator value came in above the 0.4 percent...

Andrew Zatlin's picture

The Vice Index has been revised and is now chained to January 2009. The data itself goes back to 1993. Vice spending is where the desire to spend meets the ability to spend. As the heart of consumer spending...

Tim Duy PhD's picture

The FOMC meeting ended largely as expected with a nod toward recent data improvement but no change in policy. It is still reasonable to believe that lift-off will occur in September, but only if incoming data removes any residual concern about...

Sober Look's picture

Yesterday a report from the National Association of Home Builders showed that US homebuilders have turned rather optimistic again. Given the recent weakness in construction spending some have dismissed this survey data.

Sheraz Mian's picture

It’s all about The Fed today, with the two-day FOMC meeting concluding later this afternoon. While a majority of market participants see September as the date for the first interest rate increase, today’s meeting is expected to...

Global Risk Insights's picture

The Turkish President Recep Tayyip Erdogan had hoped to win enough parliamentary seats to push forward a plan that would grant him the ability to change the Constitution. But though the elections look like a sweeping...