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The risk-on/risk-off market is back again
Step aside global central banks.It’s time for the pattern called risk-on/risk off to set the direction of global financial markets again. In my book on volatility, Juggling with Knives, I’ve included...
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Stronger than expected report on initial claims for unemployment leads to a...
The financial markets have stalled today with some minor pullback as investors and traders try to figure out what this morning’s better than predicted report on initial claims for unemployment means in...
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Goldilocks has a bit of an anxiety attack ahead of the weekend
What had been up earlier this week was down today. U.S. stocks retreated with the Standard & Poor’s 500 stock index down 0.90% to 2096.43, moving back below 2100 again. Emerging market stocks fell...
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Morgan Stanley says “No” again to China on emerging markets index inclusion
Wait until next year. Again. Morgan Stanley Capital International, the keeper of the MSCI Emerging Markets index, yesterday decided that it wasn’t time yet to include China’s Shanghai and Shenzhen...
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Improved polls for “staying” in Brexit vote lead rally (except for yen and...
A shift in momentum in the polls toward “stay” in the June 23 referendum on continued membership by the United Kingdom in the European Union has led to a huge bounce in riskier global assets today with...
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