Seasonal norms won out this past week, which is incredible considering the threat of an impending recession grew considerably more tangible and market complacency has pushed to blatantly extreme levels. Looking back at the performance of the various benchmark risk assets that I monitor for a global perspective, it was clear that the bid wasn’t...Read More

EURUSD, S&P 500, VIX and Liquidity Talking Points:The Market Perspective: EURUSD Bearish Below 1.0550; USDJPY Bearish Below 132After weeks of falling into an ever-constricting range, EURUSD finally forced a break on a Dollar-driven dive through 1.0580 The S&P 500 opened the new year with a -0.4 percent decline on an increase in volume and jump...Read More