Financial Markets Blog

The Hamas attacks are scaring markets, but I believe the fear will be short lived. Stocks fell on the Columbus Day trading day. Usually holiday trading volumes are low and today is no different. Tomorrow will be a better measure of how markets price in this conflict. The bond market is closed today as well…

Markets are always worried about something. Covid, China, failing banks, Ukraine, government shutdown, etc. Markets will always find something to worry about. Today it happens to be rates. Rate have been the talk of the town and for good reason. Nobody knows where they are headed. I don’ think the Fed even knows where rates…

There has been a ton of news about regional banking. And its for good reason, regional banks have been failing in the US with the most recent failure being First Republic Bank. Here are some of the reasons as to why they are failing. Above are some of the cliché reasons of why banks are…

Bank earnings are coming in pretty strong despite the failure of Silicon Valley Bank and Signature Bank in March. I do want to point out the two banks did fail toward the end of the first quarter which means the pain could be reflected in second quarter’s earnings. Let’s take a look at the chart…

There’s been a ton of talk in the news about trade deals in other parts of the world, but let’s be real – do they really matter? I don’t think so. The talking heads on the news keep talking about how other countries are diversifying away from the US dollar, but in reality, that doesn’t…

Markets have some good data to price in off the printers this morning. Core PCE Price Index month-over-month (MoM), which excludes volatile food and energy prices, came in lower than expected at 0.3% versus 0.4% expected. PCE Price Index month-over-month (MoM), including food and energy, came in lower as well at 0.3% versus 0.5% expected.…