2022 has been a challenging year for crypto investors so far. While the crypto market did stage somewhat of a recovery in July, the market value of most cryptoassets and...

OPEC: OPEC+ holds a whip-hand over global oil markets. It accounts for 59% of oil supply (see chart) and 80% of reserves. Its recent decision to slash oil production quotas by...

THREADING NEEDLE: International Monetary Fund (IMF) published its latest global economic deep-dive. It's a sobering picture of slowing growth, with many downside risks now...

HOPE: President Biden gave short-lived deregulation hope to the hard-pressed cannabis sector saying it ‘makes no sense’ for marijuana to have same restriction as heroin under...

INFLATION: Thursday’s US inflation report is the next big test for nervous markets and the data dependent Fed. Headline inflation peaked at 9.1% in June but the decline’s been...

MISSING LINK: The US jobs market, and leading indicators like the JOLTS report, are the last big inflation drivers needed to turn lower. This would give markets hope we are within...

MESSAGES: Commodity markets have been on a roller-coaster ride all this year. The broad Bloomberg commodity index fell 15% from its June high. But it is still by far the best...

DIVERGENCE: Many ‘work-from-home’ (WFH) pandemic stock beneficiaries, from Zoom (ZM) to Twilio (TWLO), have cratered under the pressure of the post-pandemic return-to-work trend...

NOWHERE TO HIDE: Only the US dollar and bitcoin rose last quarter, of major assets. This continued sell off in both bonds and equities, the two biggest and most traded liquid...

PORT IN STORM: Equities of the most economically sensitive US sectors, from financials to consumer discretionary, have lagged traditional defensives, like healthcare and staples,...