from Morning Bid with David Gaffen:

Considerable Consideration of Time

December 17, 2014

Markets like to tie themselves in knots ahead of Fed decisions. Instead of landing on what's expected, at times of volatility investors instead go in the other direction and start to consider all sorts of wild scenarios on what the slide-rule committee might do instead. But the outlook for the Fed's statement should be pretty straightforward: the Fed is likely to go with what the market expects, and remove its phrase talking about keeping rates at rock-bottom levels for a "considerable time," as it has no reason not to.

from Morning Bid with David Gaffen:

These prices are insaaaaane!

December 15, 2014

It’s time to pause and take stock of the effect of the oil slump and dollar rise on markets, rather from just marveling at it. Market-watchers tend to look at one asset and attempt to use it as a guide for what will happen in another.

from Morning Bid with David Gaffen:

The Market’s Silly Season

December 4, 2014

The meaningful part of the year is drawing to a close (near as I can see it, there's tomorrow's jobs report, the Fed meeting in two weeks, and, yep, that's about it), and as we head into the silly season for happenings in our markets, here's a laundry list of oddball things to consider:

from Morning Bid with David Gaffen:

Turning Japanese

November 17, 2014

Just when the market thought it was out, it gets pulled back in. The bond market continues to threaten to break into higher levels, but something always seems to undermine that story.

from Morning Bid with David Gaffen:

Auction Calling!

November 13, 2014

It's no secret that the Treasury market has changed a bit in recent months due to concerns from banks about holding too much in the way of securities and running afoul of various rules international regulators are setting up.

from Global Investing:

Counting Pennies In Venezuela

November 12, 2014

It was a gloomy, rainy night in Boston last week where emerging market analysts and portfolio managers huddled together before an audience of 75+ people to discuss an equally gloomy situation in Venezuela, specifically whether or not the nation, with the biggest proven oil reserves in the world, is on the precipice of defaulting on its debt.

from Breakingviews:

Fragility is bigger worry than volatility for the markets

October 21, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

from Breakingviews:

Rampant market fear clarifies global divide

October 15, 2014

By Richard Beales

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

from Morning Bid with David Gaffen:

Simple Tricks and Nonsense

October 10, 2014

Heading into the end of a violent week and ahead of a slew of earnings reports, the market has swung from one extreme to another, as the average daily move in the S&P 500 rises dramatically, as futures promise another big drop at the open Friday, and as investors try to take stock of what's happening here in their beloved stock market.

from Morning Bid with David Gaffen:

Speak softly, and carry a big helicopter

October 9, 2014

Days like Wednesday are the ones that remind investors why the Federal Reserve is what it is, and how some believe the other world central banks cannot compete, even as some expect the European Central Bank and Bank of Japan (to an extent) to take up the slack the Fed will leave behind when it ends quantitative easing in the next weeks and prepares for its first interest-rate hike some time in the third quarter.