The FOMC caught investors off guard when they went through with not only a 50bp cut to the federal funds rate, but also a 50bp cut to the discount rate.

Derek Frey provides weekly market commentary on futures and options for the week of September 17.

How predictable was the current turmoil in the market one year ago? On one level, it was not all that hard to see that that there were going to be problems in the subprime mortgage market. But it is one thing to predict a problem, and quite another thing to understand its full implications in the market.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 17.

The feds are bailing out the big banks as fast as their buckets allow, even though the rescuers are bound to make the situation worse, just as they always do.

Lawrence G. McMillan reviews the options market in his weekly column for September 14.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 14.

The biggest wad of new cash and credit ever to come into world capital markets has left Americans with so little real wealth.

Derek Frey explains a bull call butterfly spread in March 2008 cocoa futures.

The American consumer has been so lucky for so long it will take him a long time to realize what a bind he’s gotten himself into.