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The "r-word" is back. After the worst 10-day start to a year ever, investors are anxious about not just the prospects for financial markets but the US economy as a whole. And now, people are talking about recession. In an email on Friday, Torsten

By Boris Schlossberg One of the dumbest things I heard about trading is this very common refrain. "Trading is simple. All you need is a strategy with positive expectancy and the discipline to follow it." That statement is so stupid on so many levels

The US dollar remains strong against most currencies. The exceptions are the Japanese yen, Swiss franc and euro though the franc and euro pulled back in the US afternoon before the weekend. The greenback is still appreciating on a trade-weighted

Currency investors should consider selling AUD/JPY this week, advises Morgan Stanley in its weekly FX pick to clients this week. "With risk appetite declining and a range of risk events at year-end that could trigger China’s December Caixin PMI eased

Many countries may look with envy upon Sweden. Growth last year was probably around 3%, with household consumption rising a little more than 2%. Its current account surplus is 7.5% of GDP. Exports were up by 4.3%. Its budget deficit is around 1% of

Global equity markets stabilized today on the second trading day of the year but remained at depressed levels after Monday’s vicious selloff as the dollar remained well bid against all of it major trading partners with the exception of the yen. There

Quarterly Fed survey The Fed has released the quarterly senior credit officer opinion survey The following headlines accompanied the release: demand for non-residential MBS funding increased dealers focused on managing concentrated credit exposure 2

Fed's Stanley Fischer speaking on CNBC Uncertainty has risen a bit The levels of uncertainty have risen on North Korea and China It's hard to know how significant the Chinese developments are Fed will react to incoming events Fed does not know enough

Oil currencies should remain volatile in coming weeks, says Morgan Stanley. "They have been one of biggest shorts for the past year. This view has more medium-term potential once lower energy prices lead to disinvestment, economic underperformance

As Wall Street axioms (Santa rally, January effect, as goes January etc.) are rapidly falling by the wayside at the start of 2016, following a chaotic but return-less 2015, the UBS analysts who correctly forecast last year's volatility are out with

Working in your pajamas from the comfort of your home or a remote beach in Tahiti (provided there is Wi-Fi) creating extreme wealth, has to be amongst the top reason why people would want to make a career out of trading Forex, but as appealing as

The focus of Federal Reserve policymakers in 2016 shifts from diminishing slack to evidence of actual tightening of labor resources, which would buoy their confidence that inflation - the one half of their mandate that still leaves much to be desired

Some are sayings, some are rules. Here's to a great 2016. The trend is your friend Everyone has a plan until they get punched in the face Men who pick bottoms get smelly fingers Beware of complex ideas. More trades have been ruined by making them too

The new year will usher in a fresh crop of Federal Open Market Committee voters, making it time for an updated breakdown of where policy makers stand as the focus shifts to the timing of the next interest rate increase. The four votes that rotate

Henry Ford was a smart guy, but he never did the math when he decided to put every American household on wheels. A century after the Model T, the world has a problem with cars. The U.S. and China will consume about 40 million light vehicles in 2015

Retirement, contrary to popular opinion, is not the time in which your satisfaction with life declines and your health deteriorates. Instead, it’s the exact opposite: Retirement is likely to improve your overall happiness and health, according to a

A meme is now circulating that gold is the investment equivalent of a pet rock, and that the smart investor should sell gold, and buy stocks. That’s a ridiculous notion. In fact, if you believe in buying low and selling high, this is the time to buy

It doesn't matter how rational you think you are. You have a brain, and the chemicals in your brain often force you to make irrational decisions. This affects all your decisions, whether in your love life or your investment portfolio. "Investors are

Yellen's message after the announcement is going to be just as, or maybe more important , than the announcement itself Hawkish, Dovish, neutral, how is Yellen going to spin the hike? The broad consensus around the market is that this hike is going to