Commentary

Time To Buy Bonds?

Regardless of your long-term view on bonds, Treasuries are beginning to look undervalued from a cyclical perspective.

Commentary

Inflation Is Peaking, But How Low Will It Go?

Yes, inflation is peaking.

Commentary

The Housing Downturn is Just Getting Started

As a result of higher mortgage rates, an oversupply of housing and falling demand, the downturn in the housing market is only just getting started.

Commentary

A Good Time To Be Long Energy

The physical market for energy continues to be tight, signally demand continues to outpace supply.

Commentary

A Contrarian Buying Opportunity For Gold Bulls?

Rising and positive real yields continue to be a major headwind for gold over the short-term.

Commentary

Crypto Outlook: More Bearish Than Bullish

Despite crypto markets being one of the hardest hit throughout the bear market that has engulfed almost all risk assets over the past 12 months, we have seen crypto not only hold up relatively well since the June lows but indeed be one of the better performing asset classes.

Commentary

The Risk For Stocks May Be To The Upside

As has been the case in recent weeks, the stockmarket finds itself in a position where various technical factors, market internals, positioning and sentiment are suggesting this sell-off may be overdone and a short-covering rally due.

Commentary

Growth Cycle Outlook: Mind Your Step

In recent months, the economy has shown remarkable resilience in the face of a cyclical downturn.

Commentary

Stocks Sniffing a Bear Market Rally

A number of key technical, sentiment and flow based indicators are suggesting we could see a relief in selling pressure over the coming weeks, and perhaps a countertrend rally in risk assets.

Commentary

The Importance of the Labour Market

The Fed’s mandate is for stable prices and maximum employment.

Commentary

Stocks Sniffing A Bear Market Rally

A number of key technical, sentiment and flow based indicators are suggesting we could see a relief in selling pressure over the coming weeks, and perhaps a countertrend rally in risk assets.

Commentary

Crypto Market Outlook: Risk-Off

Though we are seeing the makings of some favourable readings in many on-chain, derivatives, technical and sentiment indicators, the macro and liquidity environment moving forward remain a significant headwind for crypto assets.

Commentary

Short-Term Headwinds Abound For Gold

Through rising real yields, a slowing economy and poor seasonality, short-term headwinds remain for gold and precious metals.

Commentary

Short-Term Headwinds Abound For Gold

Through rising real yields, a slowing economy and poor seasonality, short-term headwinds remain for gold and precious metals.

Commentary

Housing Market Set To Stall

Through higher mortgage rates, demand for US housing is beginning to wane.