The AUD/USD pair drifts lower during the Asian session on Thursday and erodes a part of the previous day's strong gains to its highest level since September 17.

A discussion on why locking into long 30-year debt may be risky given rapid technological change, using the historical volatility of a leading stock versus the S&P 500 and reflecting on structural exposures in today’s markets.

Crude oil price remains on a downtrend amid the overwhelming concerns over a supply glut in 2026. According to the IEA, the global market is expected to report a record surplus of over 4 million barrels per day in the coming year

Today’s FOMC decision to cut rates by 25 basis points, along with the introduction of reserve management operations, was widely expected. The Fed clearly felt it had to act, announcing roughly $40 billion in bill purchases this month.

Gold price (XAU/USD) gains momentum to around $4,235 during the early Asian session on Thursday.

People seem to think that CPI is supposed to measure how their actual cash costs change every year. It isn’t.

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.