Nicholas Colas

Small cap stocks have been on a tear since the Federal Reserve signaled an end to its cycle of rate hikes at Wednesday’s policy meeting. Smaller listed companies are much more sensitive to interest rates than large caps, mostly because many higher relative levels of debt become more...

Tesla, Inc. (NASDAQ:TSLA) stock regained some momentum in the past three sessions on the back of a positive analyst rerating after being stuck in a range, and an analyst offered an “out-of-the-box” idea to increase its competitive positioning in the electric vehicle market. What...

Legendary American author Ernest Hemingway famously challenged himself to write a complete story in just six words, coming up with "For sale, baby shoes, never worn." On Monday, DataTrek Research co-founder Nicholas Colas made his own list of Hemingway-inspired six-word stories to tell...

The consensus outlook for interest rates has shifted dramatically in the last month thanks in large part to the failures of U.S. banks SVB Financial Group, Signature Bank (NYSE: SBNY) and Silvergate Capital Corp (NASDAQ: SI), as well as the emergency takeover of Credit Suisse Group AG (NYSE: CS) by...

Between the 2008 financial crisis, the 2020 COVID-19 stock market crash and the 2022 inflation-driven stock market pullback, it may seem like the stock market has gotten riskier than it was in previous decades. On Monday, DataTrek Research co-founder Nicholas Colas said a look back at the...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded slightly higher Monday morning to kick off a big week for investors ahead of Federal Reserve Chair Jerome Powell's two-day testimony to Congress on Tuesday and Wednesday. The 2023 stock market rebound ran out of steam in February after the...

The New York Fed's U.S. recession probability index based on Treasury spreads is currently sitting at its highest level in more than 40 years, even higher than its peaks prior to the bursting of the dot com bubble and the 2008 global financial crisis. Economic indicators suggest a recession may...

Tech stocks are off to a hot start in 2023 after a horrible year in 2022. Unfortunately, while tech stocks have come back to life in recent weeks, DataTrek Research co-founder Nicholas Colas is the latest market expert warning investors to approach big tech stocks cautiously. The Numbers: On Monday...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was giving up some of its January gains on Monday ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET on Wednesday. Market Expectations: The bond market is pricing in 98.1% chance of a 0.25% hike and a 1.9% chance of...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded higher by 0.6% on Wednesday ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 6.5% CPI inflation in December, down from 7.1% in November and a peak of 9...

The Invesco DB US Dollar Index Bullish Fund (NYSE: UUP) rebounded by 0.6% Monday morning after a difficult week last week. Investors dumped the dollar last week following encouraging inflation data, but Federal Reserve Governor Christopher Waller said Sunday that the Fed still has a long way to go...

The U.S. Federal Reserve recently raised its target Fed funds rate by 0.75% for the fourth time in five months as it attempts to get inflation under control. Investors wondering if the Fed will pull the trigger on a fifth 0.75% hike at its next meeting in December got some key inflation data on...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.7% on Wednesday morning ahead of a critical consumer price index (CPI) inflation reading on Thursday morning. Economists are expecting the U.S. Labor Department to report 8% CPI inflation in October, down from 8.2% in September and a peak...

The SPDR S&P 500 ETF Trust (NYSE: SPY) traded lower by 0.5% on Wednesday morning morning ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET. The bond market is pricing in a 90.2% chance of a fourth consecutive 0.75% rate hike this afternoon, according to CME...

The SPDR S&P 500 ETF Trust (NYSE: SPY) gave up some of its October gains on Monday morning ahead of a critical Federal Open Market Committee interest rate decision on Wednesday. The bond market is pricing in an 88.7% chance of a fourth consecutive 0.75% rate hike this week, according to CME...