A recession is a pause in an otherwise healthy economy.  A depression, on the other hand, is when the economy drops dead.

The US and Canada both released trade numbers this morning. The US reported a smaller trade deficit while Canada reported a larger one.

The US dollar and Japanese yen ended the day mixed versus the majors as equities traded within narrow ranges, signaling indecision in the markets.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for February 11.

The yield on the U.S. 10-year note rose above 3% for the first time in three months. The two-year note, meanwhile, moved above 1% yield. What does it mean?

The US dollar and Japanese yen rocketed higher on Tuesday due to a jump in risk aversion, a threat that has continued to linger in the markets for months.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for February 10.

The battle between the market and the meddlers is on.

This week, the currency and equity markets will be focused on President Obama’s $819B Economic Stimulus Plan.