Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 23.

Back in the '70s inflation rates rose.  Bond buyers took a terrible beating. Then, they strapped on their guns. Henceforth, it was said, the feds couldn't get away with causing inflation, because the bond market wouldn't let them.

Oil prices are rising and the US dollar is falling, but is this the natural relationship between these two assets?  Taking a look back at the two prominent oil shocks of the past four decades, we see that this is not necessarily the case.

The US dollar weakened significantly this past week as oil prices skyrocketed and stocks plummeted, but today was a day of recovery with stocks and the dollar rebounding and oil prices easing.

On Friday, the National Association of Realtors is expected to report that existing home sales slipped to 4.85 million -- the lowest reading since record-keeping began in 1999.

Existing home sales are expected to have fallen to 4.85 million as the housing market continues to deteriorate.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 22.

The world of money is a world of wonder.  Bill Bonner takes a look at the latest legislation to clear the Senate Finance Committee.

Retail spending in the UK is anticipated to slow for the second consecutive month during April and fall 0.5 percent from March to help drag the annual rate of growth down to 4.2 percent.

The US dollar weakened across the board today as stronger economic data from around the world highlighted the underperformance of the US economy.