We measure the Euclidean "distance" between today's markets and all other periods going back to 1990.
Greece again finds itself on an economic precipice, with CDS spreads nearing a level on par with last summer’s crisis. A look at potential short- and long-term consequences.
Recent labor, productivity, and population growth data suggest that the US may struggle to return to its pre-Great Recession annual GDP growth rate of 3% or higher.
Respondents to a Two Sigma poll of sell-side professionals ranked a China hard-landing as their top concern, but they see a market liquidity event as the most immediate threat.
The Fed expects to hike interest rates four times (by 25bps each) during 2016, while the market projects only two hikes. One side has to give.
A form of portfolio insurance has grown more expensive recently. Multiple potential causes exist, from regulatory changes to fears about the global outlook.
The statistical relationship between US wages and consumer prices has broken down since 2008, potentially heralding greater uncertainty for Fed watchers.
Abenomics-inspired hopes for Japan’s economy continue to fade as Japanese inflation persistently falls short of the Bank of Japan’s target.
Amid greater financial-market stress this summer, China appears well positioned to manage short-term risks, but the long-term outlook looks more challenging.
Soon, the U.S. Federal Reserve will likely begin hiking interest rates for the first time in almost seven years. The only question is “how fast?”