TJM’s Latest Commentary

FX Morning Commentary 11/9/17

Good morning. Overnight trading had its share of excitement specifically in the Nikkei which had one of its most volatile sessions of the year opening close to fresh multi-year highs before falling over 3%. The move put a nice bid … Continue reading

Here We Go Again 10/20/17

Here we go again. At the time of writing we have set (yet again) another stock market record. It seems that the only thing needed for a stock market record nowadays is an alarm clock because they keep happening every … Continue reading

30th Anniversary 9/29/17

It is good to be Stateside again. As much as I love spending time in England, some of the modern comforts of home are a welcoming sight – like angled parking places instead of the perpendicular ones in Britain. Yep, … Continue reading

FX Commentary 9/26/17

Good Morning. Price action remained relatively decent overnight as yesterday’s war of words between the US and N Korea kept market participants on their toes once again. Global equities were mixed as were commodities with highlights that included a a … Continue reading

FX Morning Commentary 8/29/17

Good Morning. Yet another missile launch from N Korea set off a selloff in risk overnight that took global equity indices aggressively lower, fixed income markets higher and also helped keep a nice bid to Gold(+.88%) and Silver(+.46%). In currencies, … Continue reading

Buckle Up 4/19/17

It wouldn’t be believed if it wasn’t happening right in front of my face. And if past performance is indicative of future results – nothing will come out of Congress. The President has enough problems on his plate. I have … Continue reading

TJM FX Commentary 7/18/17

Good Morning.  Price action was quite good overnight as several pieces of news catalyzed some real nice volatility.   The US Dollar is broadly weaker here this morning as the US wakes up to another failed attempt by the Trump Administration … Continue reading

It’s a funny old world we live in today 6/8/17

It’s a funny old world we live in today – and at times, not so funny at all. As I write this piece, it is the first time that I have been in the office since last Friday the 2nd … Continue reading

Give Ourselves a Small Pat on the Back 5/12/17

Ok. That was it. 211k. Give ourselves a small pat on the back. The expectation was for a non-farm jobs number of 190k. We beat it by 21k. I guess that is a good thing but have we really dumbed … Continue reading

Sometimes You Feel Like Quoting Yogi Berra 4/7/17

Sometimes you feel like quoting Yogi Berra – its Déjà vu all over again. The market continues to lurch from one headline to another. Waiting for new news and moving in a binary way. At times, it feels like it … Continue reading