Futures markets show a 90 percent chance that the Fed will cut rates by 25bp, and this will continue to be reflected in price action in the FX, bond, and equity markets upon more evidence of deteriorating economic conditions.

Tim Bourquin interviews Allan Harris, who talks about how he trades the news.

What is the recommended loss percentage in a trailing stop?

With risks for the US economy vastly to the downside and the Federal Reserve still perceived as being dovish, the dollar remains susceptible to losses.

Pakistan opposition leader Benazir Bhutto was assassinated in a suicide attack. Geopolitical instability such as this is sure to have an effect on the markets: stocks are down, and gold, oil and bond prices rose on the news this morning.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for December 28.

With Japanese wage growth faltering, retailers have little room to pass through the cost increases from food and energy. As a result, the price pressures that may be reflected in the December CPI readings are likely to fall back in coming months.

Tim Bourquin interviews Juan Sarmiento, who talks about how he applied Elliot Wave theories to various markets.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for December 27.

Central banks are working together to forestall any sharp tightening in credit conditions that might lead to a downturn around the world. On Friday, the Dow rose 205 points. But what markets take away, the feds have a hard time replacing. This is the Battle Royale that Bill Bonner has been talking about. Inflation vs. Deflation; Markets vs. Market Manipulators.