The crisis revolves around Eurozone fiscal rules. French President Emmanuel Macron is struggling to find a Prime Minister who can lead a three-way fractured political environment in which no group has a majority.

The Gold price (XAU/USD) trades in negative territory for the second consecutive day near $3,640 during the early Asian session on Friday.

GBP/USD tumbled backwards on Thursday, falling a little over one-half of one percent and pushing the Pound Sterling back below the key 1.3600 handle against the US Dollar after a brief spat above the major technical level.

EUR/USD retreats after reaching a yearly high above 1.1900 and falls 0.22% on Thursday, as goodish economic data from the United States and a hawkish perception of Fed Chair Jerome Powell boosted the US Dollar.

I guess the pandemic, high inflation, and the immigration surge in the intervening years don’t have anything to do with what revenues did.

Retail remains a huge laggard in spite of the 2025 highs. XRT is 30% away from the 2021 highs.

We discuss the causes and implications of the Fed’s decision to cut interest rates.

Three ETF companies offer 0DTE funds, selling calls every day (covered call trading) to generate cash to pay weekly dividends.

The VIX opened lower, futures traded up with that lower open, and then moved inversely to volatility all day. At this point, the volatility reset seems complete.

Yet the soul of this rally may prove to be the Russell 2000. “Make Small Caps Beautiful Again” became more than a slogan as the index ripped higher by over 2%, finally escaping the shadows of 2021

Market rates are higher as the dust slowly settles in the 24-48 hours after Wednesday's Fed 25bp rate cut, and curves have re-steepened. Not exactly feeling like a bull market for bonds.

We discuss the Fed’s 25 bp rate cut, why Powell’s guidance hints at a stagflation risk, and how that collides with an AI-driven profit story that still powers mega-cap tech. 

Netskope is in the spotlight after its blockbuster Nasdaq debut that saw shares open more than 20%.

Stocks popped on the overnight and rallied early, but faded in the afternoon.

Preliminary benchmark NFP, and NFP estimated using QCEW data continue to crawl upward.

The major European stock markets had a green day today.

We have an economy that is currently built on rage, and a political system that is designed to feed it.

Inflation is proving stubborn. The ISM Services PMI correlates very strongly with the consumer price index.

The dollar is weakening and on the cusp of breaking down from the channel pattern it has traded in since 2008, signaling the start of a new secular bear market.

Cross-asset signals are screaming stagflation setup instead of growth recovery.