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Adam Button

The outcomes of the US midterms won’t be identified for a month

The US midterms happen on November 8 and all of it probability we can have an excellent concept of who holds that stability of energy that evening. Nonetheless that wasn't the case within...

The great central banking bluff

Six major central banks delivered decisions in the last eight days and five of them had the same thing in common -- a dovish surprise.Why did they all tilt unexpectedly? Is there something...

October non-farm payrolls preview: By the numbers

Consensus estimate +200KPrivate +200KSeptember +263KUnemployment rate consensus estimate: 3.6% vs 3.7% priorParticipation rate prior 62.3% Prior underemployment U6 6.7%Avg hourly earnings y/y exp +4.7% y/y vs +5.0% priorAvg hourly earnings m/m exp +0.3%...

US equity futures fall to session lows. Down 1.1%

It's getting ugly in the equity pre-market with S&P 500 futures down 40 points or 1.1%.The bond market isn't pretty with US 2-year yields up 17 bps to 4.73% with 10s up 15...

Powell Q&A: The ultimate top in rates is ‘very uncertain’

Comments in response to questions from reporters Adam Button ...

Now is the time to overthink the Fed decision trading strategy

Over a long period, the only strategy I've seen work on the FOMC decision is fading any big moves exactly 10 minutes before the press conference starts. Today, I've seen some people noting...

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