Global Money Trends

Staying on Top of Volatile Global Markets

US$ Rebounds from -10% Slide, as Odds of Fed rate hike by year’s End, rises to 90%

     The horse race over who will become the next chairman of the Federal Reserve, has seen four contenders for the position move briefly into the lead in the betting markets, but only to see their odds of winning, plummet. Two falling stars – Fed chief Janet Yellen and Goldman Sach’s #2 insider, Gary Cohn, have seen their odds for getting…

Oct 08, 2017

Dow goes Parabolic, Soars above 22,500-level- shrugs off hawkish Fed

     Retail investors who’ve been waiting for stock prices to go “on sale” before buying have a problem: The benchmark S&P-500 index <SPX> hasn’t suffered a decline of -3% or more for nearly 11-months, the 2nd longest run in history. It’s been the calmest and least volatile year in Wall Street’s history. The cost of purchasing insurance against a general market…

Oct 02, 2017