The advanced GDP reading for the U.S. is expected to show that the economy contracted 0.5% in the third quarter. Economic activity has weakened significantly throughout the second half of the year as the effects of the fiscal stimulus checks abate, and conditions may only get worse as the jobless rate continues to rise.

The markets were prepared for the 50 basis point rate cut from the Federal Reserve today, but can further easing turn the dollar’s three-month and multi-thousand point trend?

Warren Buffett says buy.  Jeremy Grantham says it will get worse.  Both are celebrated value investors.  Who is right?

The masks are coming off.  It’s the end of the party, now we get to see what people really look like.

Now more than ever, the Fed’s decision could turnaround the currency and equity markets.

Is Bill Bonner predicting the Dow at 5,000?

As October winds to a close this week, we have a lot of unsettled business to handle in the markets between now and Friday.

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

After the sharp volatility in the currency and equity markets during the Asian and European trading sessions, the US session was relatively quiet up until the last 10 minutes of trading.