The Canadian Dollar climbed 0.4% against the US Dollar on Wednesday

Stocks rallied on hopes of the oil of excess liquidity to calm the troubled waters of a faltering economy and pipe dreams of beneficent AI for all. 

Volatility crushed lower today, but it can't go much further. The futures markets are already pricing higher volatility at 19 in 42 days and 20 in 70 days.

Vanguard sees muted growth over the next decade.

This meeting painted a picture of a Fed that acted reluctantly.

The Bank for International Settlements has suggested gold is drifting into "bubble territory".

CPI and poverty line calculations miss real household cash flow.

Investors want to see Oracle turn its higher spending on new data center infrastructure into revenue as quickly as it has promised. 

The Dow carried its gains through the close, finishing up 497 points after the Federal Reserve cut interest rates by 25 basis points for the third -- and final -- time this year.

Crude Oil decreased 0.158 USD/BBL or -0.27% to 58.093.

The increase in financial liquidity after the pandemic has weakened the traditional correlation between economic indicators and the business cycle.

Looking at the forecasts, there is clearly a hawkish tilt. While two members voted for no change today, six members felt the "appropriate" rate should be 3.875% – not the 3.625% central range we are now at.

The US Dollar Index (DXY) reversed two daily gains in a row and collapsed to multi-week lows in the 98.60-98.50 band amid declining yields following the FOMC event on Wednesday.

The Dow Jones climbed over 1.2% on Wednesday after the Fed delivered a third straight rate cut.

With a third consecutive rate cut bringing the Fed Funds range to 3.50%–3.75%, the Fed may pause for now as it reassesses the effectiveness of its “risk management” approach amid mixed economic signals.

GameStop Corp reported excellent results yesterday for its fiscal Q2 ended Nov. 1. Today, there is a huge, unusual call options trading in GME.

While stocks are taking a breather at high levels, the Silver market is impressively demonstrating how much energy it still has.

The technical picture for GE Aerospace is at a pivotal point. The evidence leans towards a topping pattern and a potential shorting opportunity, but confirmation is everything.

High shelter costs drain cash flow away from other spending, saving and investment. The higher the price of a home, the more buyers are likely to borrow to acquire it, and the longer the cash drain from other needs and goals.

The proper way to analyze the jobs report and the labor market for a forward-looking reading on the economy and monetary policy.