from Morning Bid with David Gaffen:

A Little Nervous

December 10, 2015

With a week to go before the Federal Reserve meeting, markets are showing some signs of jitters. While most people would say that the Fed's rate hike is priced in, the activity in the markets shows that in a week with scant news, it doesn't take much to push things around and for people to show that they are worried about which direction things are going.

from Morning Bid with David Gaffen:

Two Central Banks Diverge in a Wood

November 2, 2015

One of the primary themes that should dominate the week is one of the divergence between the Federal Reserve and the European Central Bank.

from Morning Bid with David Gaffen:

The Crane, The Crane!

October 16, 2015

Industrial projects, particularly large ones, tend to require lots of heavy equipment, like cranes, and so this week's results out of Manitowoc, which makes big cranes used in various parts of the world, including Asia and the Middle East, reported pretty disappointing results, adding that it expected more softness going forward with margins remaining in the low single digits for all of 2015.

from Morning Bid with David Gaffen:

Glacially Speaking

October 5, 2015

The week’s data is not strong enough to offset last week’s disappointment at the weak jobs report, so markets are more likely to focus on the several Fed speakers on the docket.

from MacroScope:

Second Fed rate hike delay this year slowly getting more official

August 27, 2015

RTX1GYLG.jpgFinancial markets have all but shut the door to a Federal Reserve rate hike in September, following a rout in stocks, currencies and commodities this past week, but economy watchers are only now warming up to the idea -- in public at least.

from Breakingviews:

Anyone have change for a quadrillion dollar bill?

By Edward Hadas
June 12, 2015

A vendor arranges eggs on a new 100 billion Zimbabwean dollar note in Harare

A vendor arranges eggs on a new 100 billion Zimbabwean dollar note in Harare July 22, 2008. REUTERS/Philimon Bulawayo

from Morning Bid with David Gaffen:

Dollar strength, equity weakness?

May 28, 2015

The dollar's renewed vigor has some investors worried that the stock market rally will not last.

from MacroScope:

Is the dollar taking over the Fed’s job?

May 5, 2015

US trade










While the surge in the greenback since July has turned up in all sorts of economic data, much of it not good, the big one may have just landed.

from MacroScope:

Emerging market stocks look more resilient to a Fed rate hike

April 9, 2015

Members of the Legio X Fretensis (Malta) re-enactment group take part in a display of ancient Roman army life at Fort Rinella in Kalkara, outside Valletta

Expectations may have been pushed to later this year for when the U.S. Federal Reserve will hike interest rates, but a repeat of another steep sell-off in emerging market stocks appears unlikely as much has already been priced in - and because of the stronger dollar.

from Morning Bid with David Gaffen:

Moving averages, moving targets

March 26, 2015

It's starting to get difficult to keep track of the reasons for big selloffs, especially when the bond market and stock market engage in an all-out barf-fest simultaneously. The markets remain in a vacuum. Major earnings don't start for a few more weeks, and the key employment data isn't out for another week as well. That has left a bit of a void, which investors are filling with concerns about the dollar (if it's strengthening, it hurts earnings; if it's weakening, it's because of worries about the economy) and worries about the economy.