José Torres
José Torres is Senior Economist at Interactive Brokers. In this capacity, he is responsible for economic analysis, economic commentary and educational content focused on the economy. Prior to joining Interactive Brokers, José spent 6 years working as an economist in the United States government within the Federal Deposit Insurance Corporation (FDIC) and the Bureau of Labor Statistics (BLS). During his time with the U.S. government, José frequently led presentations covering economic conditions and forecasts for elected officials, political appointees and senior management. He also built economic models, consulted with private sector executives, contributed to the modernization of economic processes and gained recognition for predicting the inflationary episode of the 2020s. José has also been a professor of economics at the City University of New York and holds a master's degree in financial economics from West Texas A&M University. His skillset includes the ability to communicate and analyze complex economic topics in English and in Spanish and throughout his career, he has been interviewed by media outlets including Bloomberg, CNBC, CNN, WSJ, AP, Yahoo Finance, Cheddar, Business Insider, Seeking Alpha, PBS, FOX, Economic Times, Univision, Telemundo and others. Learn more here .
Articles by José Torres
- Research
Construction Holds Steady Despite Weak Builder Confidence and High Mortgage Rates
These releases have higher-than-normal deviation rates, meaning that the actual figures can vary widely from the consensus range.
- Active Insights
AI Was Supposed To Replace Workers. Job Openings Just Hit a 23-Month High
Stocks recovered from morning losses and leaped to fresh records today following an intraday JOLTS report signaling that corporations still need workers
- Active Insights
Sell in May? Not So Fast: Bulls Power Higher as Tech Stumbles and Macro Risks Mount
The economic calendar was mostly positive with the exception of the inflation numbers which were awful, as the PCE headline and core indices rose
- Active Insights
Strait of Hormuz Crisis Sends Oil Soaring—Is a 2026 Rate Hike Back on the Table?
Continued disagreements between Washington and Tehran are prolonging the Strait of Hormuz blockade, sending WTI crude north of $107 this morning
- Research
Oil, Rates, and Stagflation Signals Rise as Iran Conflict Clouds Market Outlook
Ongoing denials that communications have begun with Washington are escalating geopolitical angst, resulting in expectations for higher inflation.
- Active Insights
Markets Rally as Oil Retreats, Hiring Surges, and Risk Appetite Returns
Animal spirits are making a comeback on Wall Street as developments from Washington and Tehran raise the chances of peace being reached sooner
- Research
Tech Stumbles as Cyclicals Rally, but Markets Still Lean on the Magnificent Seven
Cryptocurrencies are getting battered as enthusiasm dives, while forecast contracts and commodities are catching bids overall.
- Active Insights
South Korea Exports, US Jobs, and Inflation Bets Shape Market Mood
Stocks are surrendering some of yesterday’s gains after the largest US retailer expressed concerns about worker availability
- Active Insights
Blockbuster Payrolls Reshape Fed Outlook as Yields Jump and Cyclicals Retreat
The cyclical areas in equities that are poised to benefit from a reacceleration in growth amidst looser financial conditions sparked the U-turn
- Market Intelligence
Morning Rallies Turn To Rout as AI Doubts and Weak Data Rattle Stocks
The last two days stocks have rallied at the morning bell only to reverse into deep losses as dwindling AI hopes coincide with lackluster economic reports.
- Market Intelligence
Bad Data Sparks Rally as Treasury Yields Tumble
Rates are plunging following a morning featuring multiple weaker-than-anticipated economic data points that lifted the chances of three Fed cuts this year.
- Research
Market Rotation Accelerates as AI Optimism Meets Reality
Volatility protection instruments are catching bids as investors weigh whether a struggling tech sector signals turbulence somewhere along the line.
- Market Intelligence
Manufacturing Roars Back as the Dollar Rallies and Metals Slide
The gains occur as the US Dollar is extending its rally from a four-year low on Thursday following the nomination of Kevin Warsh to Federal Reserve chair
- Research
Markets Reprice Risk as Tech Tumbles and Commodities Surge
The Fed is turning its back on market bulls as it appears that the central bank is done cutting under the Powell regime
- Active Insights
Stocks Surge, Bonds Slip, and the “Sell America” Trade Reappears
Getting tossed in light of risk-on attitudes on Wall Street and so are cryptocurrencies, although forecast contracts are seeing interest.
- Research
Markets Recoil as Geopolitics and Global Yields Collide
Markets are suffering sharp losses following an eventful three-day weekend that featured heightening geopolitical tensions amidst a violent selloff
- Research
Dow Hits New Highs as Investors Shrug Off Geopolitical Risks and Rising Yields
But the Dow Jones Industrial Average marked a new peak in concentrated fashion, as a 4% climb in Amazon shares bolstered the benchmark.
- Market Intelligence
Year-End Crosscurrents: Stocks Dip, Volatility Ticks Up, and Hedging Returns
Decline in equities has to do with investors pocketing some profits against the backdrop of the third consecutive annual return in the high double digits.
- Research
A 41% Recession Probability—and a $0.02 Hedge the Market Is Ignoring
Our Forecast Trader participants price out a 41% chance that the US economy will enter a technical recession by the end of 2026
- Active Insights
The Shockwave Setup: Why Bad Economic News Is Fueling a Bull Run in Stocks and Bonds
Forecast contracts are catching bids and signal an 84% chance that the Fed will reduce its benchmark next month.
- Research
Volatility Surges as Investors Brace for Missing Data, Liquidity Strains, and Fed Uncertainty
The government reopening has become a buy the rumor, sell the news, event as investors turn their focus to extended tech valuations
- Active Insights
OpenAI’s $38 Billion Amazon Pact Fuels Tech Rally — But the Rest of the Market Misses Out
Yields are ascending in relative uniformity across the curve, but duration is leading the bear-steepening rise, albeit modestly.
- Research
Stocks Stall Near Record Highs: What Could Spark the Next Market Breakout?
Robust corporate earnings are failing to support stocks today, which are trading just shy of all-time highs.
- Active Insights
Markets on Edge: Fed Division, Shutdown Uncertainty, and the AI Risk Factor
Volatility protection instruments are catching bids on heavier hedging demand while forecast contracts additionally see interest.
- Active Insights
Markets Wobble as AI Soars and Fears Return
OpenAI completed a $6.6 billion offering with the company valued at $500 billion, earning it the top spot amongst the most valuable startups.
- Active Insights
Markets Bet on a Government Shutdown as Inflation Bets Heat up Globally
On Friday, the House approved a short-term extension keeping operations running into November, but it failed to gain the 60 votes required in the Senate.
- Active Insights
Markets Rally on Weak Jobs Data and Rate Cut Hopes
Markets are rallying following a trifecta of data points detailing slowing labor conditions and bolstering the case for a few Fed rate cuts by year-end.
- Research
Singapore’s Economy Is Reaccelerating — And the MAS May Be About to Step on the Gas
Recent economic results point to the increased likelihood of Singapore loosening financial conditions as annualized inflation figures fall precipitously.
- Market Intelligence
Wall Street Brushes off Tariffs as CPI and Earnings Take Center Stage
Wall Street is ignoring tariff threats from President Trump and is instead looking at a busy week for the economic and corporate earnings calendars.
- Active Insights
Fed’s Waller Tilts Toward July Cut — Here’s Why the Short End Is Catching Fire
Markets are mixed as participants weigh a trio of important developments ranging from geopolitics, monetary policy and cross-border commerce.
- Market Intelligence
Housing Starts Collapse—And Rates Are Following Fast
Interest rates are sinking and stocks are advancing ahead of this afternoon’s Fed decision and Chair Powell’s press conference #markets
- Active Insights
Nvidia Shines, Fed Eases: Are the Bulls Back for Good?
There are many avenues the cabinet can take to impose levies via higher-ranking courts as well as distinct governmental authorities. #Trump
- Active Insights
Markets Surge Again: How Trump’s Trade Deal Comments Sparked a Stock Rally
Stocks are soaring as a trade deal between London and Washington bolsters optimism that more negotiations may be nearing completion. #stocks
- Market Intelligence
Temporary Pain, Lasting Gain: The Strategy Behind Smart Sacrifice
Negative headline on GDP and a big miss in the ADP employment print is generating hesitation in markets and stocks are poised to end their winning streak.
- Active Insights
Tech Stocks Tumble as Investors Brace for April 2 Tariffs
Investors are growing increasingly confused regarding the US tariff policy with just seven sunsets away from April 2 #tech #stocks
- Market Intelligence
Tariff Fears Drive Wholesale Prices to 25-Month Peak
The latest boxing round of tariffs featured yet another heightening of tensions, but this time it included a fair amount of booze. #markets