from Morning Bid with David Gaffen:

Better Fed than dead

January 29, 2015

The Federal Reserve's policy announcement on Wednesday pretty much reinforced the status quo, which is that the Fed is the immovable object when it comes to markets.

from Morning Bid with David Gaffen:

Burger time

January 22, 2015

Among the struggling companies in the storied Dow Industrials Index sits McDonald’s, which faces a level of competition from myriad regional rivals that it hasn’t seen for some time. These rivals like Habit Restaurants, Five Guys and IPO candidate Shake Shack are offering fresher ingredients (albeit often at a higher cost).

from Morning Bid with David Gaffen:

Like it or lump it

January 21, 2015

The equity market has maintained something of a weak trend of late. Stocks have been uninspiring on days when the market goes up and more impressive in their declines, and the ongoing pain being felt around the globe, manifested in the commodity complex’s weakness, is still too much to bear when thinking about the stock market.

from Breakingviews:

Morgan Stanley rains on its own parade

January 20, 2015

By Antony Currie

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

from Breakingviews:

Volatility is the new weather for Citi and BofA

January 15, 2015

By Antony Currie 

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

from Morning Bid with David Gaffen:

The madness of crowded trades

January 13, 2015

As we enter earnings season, there are some headwinds for various corners of the S&P 500, which itself still hovers just a few percentage points from an all-time high.

from Morning Bid with David Gaffen:

Retail therapy amid oil’s decline

January 7, 2015

The market’s in a bit of a swoon now, so it is difficult to suss out where some of the bright spots will be when it comes to the effect that oil’s decline has on markets and on the economy. The pullback has been severe, with analysts furiously downgrading the shares of energy stocks – among other sectors – and overall revisions sliding, given the heavy focus many companies have internationally, accounting for about 45 percent of the revenues of the S&P 500.

from Morning Bid with David Gaffen:

That escalated quickly

December 19, 2014

It's hard to determine whether the two-day run in the S&P 500 is a sign of an emerging "blow-off" top of the market, where a frenzied rally gives way to several months of weakness (lately, weakness has been measured in hours and minutes, rather than weeks or months), or if it's the sign of investors growing more comfortable with the notion that the Fed's exit from its zero-interest-rate policy that has lasted for several years isn't such a bad thing, and that the economy can handle it.

from Breakingviews:

Jefferies closes annus horribilis on wicked downer

December 16, 2014

By Antony Currie

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

from Morning Bid with David Gaffen:

That’s a big Twinkie

December 11, 2014

The market’s gyrations are a bit more than many people want to handle this time of the year, but it’s a time when stupid stuff happens, and lack of liquidity combined with concerns about the world economy are raising questions that, essentially, seem like the same question: Has this equity-market surge come too far, and are we due for the “big” Stay-Puft Marshmallow Man-sized thing that everyone has been anticipating since, well, more than two years now?