“Manufacturing and net exports have continued to be hard hit by slow global growth and the significant appreciation of the dollar since 2014… Low oil prices have also resulted in large-scale layoffs in the energy sector and adverse spillovers to … Continued
The following are futures positions of non-commercials as of January 26, 2016. Change is week-over-week. 10-year note: Two important developments took place this week in central banking. First, the Fed. This week’s FOMC meeting was a non-event. No interest-rate decision … Continued
Later today, markets will learn if, when it comes to the so-called Fed put, it is game as usual or winds of change are beginning to blow. The Fed put refers to a practice of reducing interest rates to deal … Continued
Nasdaq stocks are attracting some bids. As has been the case for so long, volume continues to remain uninspiring, but price action overrides all. For now. The index has managed to trade north of its 50-day moving average, and has … Continued