Last week, markets endured another bout of volatility as the global oil glut and whispers of U.S. recession collided with strong labor markets and encouraging retail sales. The perceived safety of gold and U.S. Treasury bonds were sought [...]

In a recoil response of sorts to the sharp rally during the last week of January, markets began February by resuming a risk-off posture with equity and commodity markets falling sharply while safe haven assets received a strong bid. Other [...]

The final week of January saw virtually all markets rally in strange unison as ‘risk on’ assets (equities, commodities) rallied while ‘risk off’ assets (U.S. Treasuries, gold, U.S. dollar) rallied as well. In what makes for a difficult ma [...]

U.S. markets overcame a dramatic mid-week selloff, to deliver the first weekly gain of what has been a difficult start to the year. The S&P 500 began the week by breaking the October 2014 ‘Ebola low’, touching -15% off its May 2015 hi [...]

Oil, China, and some disappointing economic news in the U.S. combined to drive markets lower last week with most of the damage occurring in Friday’s session. Equity markets around the world fell between 2% and 3% on the week while China’s [...]

One week down, 51 to go. U.S. equity markets ushered in 2016 with their worst-ever five day start to a calendar year, eclipsing the 5.6% opening week of 1978. The equity market is now back into the same correction territory it explored in [...]

So much for the traditional ‘Santa Claus rally.’ In a quiet holiday shortened week, the markets put a wrapper on a disappointing year for nearly all major asset classes. In fact, Societe Generale reported that 2015 was the worst year for [...]