tim@emorningcoffee.com6 days ago5 min readWeek ended October 18, 2024: more recordsUS stocks and gold hit more record highs. S&P 500 earnings mixed: banks strong, chip companies mixed, luxury struggles.
tim@emorningcoffee.comOct 125 min readWeek ended Oct 11, 2024: more record highs for US stocksCPI slightly hotter than expected, and earnings off to a good start. Yields continue to back up, US stocks at record high close.
tim@emorningcoffee.comOct 55 min readWeek ended October 4, 2024: soft landing in sightRisk remains asymmetrical to the downside, but a robust US jobs report cheered risk investors on Friday and sent UST yields sharply higher.
tim@emorningcoffee.comSep 285 min readWeek ended Sept 27, 2024: China delivers stimulus, PCE data in lineChinese stimulus measures buoyed stocks globally, and US Treasuries were stable. Gold paused and oil fell. The Dollar was weaker.
tim@emorningcoffee.comSep 217 min readWeek ended Sept 20, 2024: central bank decisions featureLast week was mainly about a trifecta of central bank decisions, with most attention focused on the Fed. The Fed Funds rate was reduced .50%
tim@emorningcoffee.comSep 146 min readWeek ended Sept 13, 2024: it was an "everything up" weekIt was one of those weeks that if you didn't chalk up portfolio gains, it would be difficult to figure out why. Bonds and stocks rallied.
tim@emorningcoffee.comSep 76 min readWeek ended Sept 6, 2024: sentiment deterioratesUS Labor Day holiday marked the unofficial end of summer, and also a demarcation for risk sentiment. Bonds rallied and stocks got hammered.
tim@emorningcoffee.comSep 16 min readWeek ended August 30, 2024Earnings and economic data (especially inflation data) continued to improve risk sentiment. The yield curve inversion ended. Dollar better
tim@emorningcoffee.comDec 31, 20223 min readWEEKLY: Damn glad that's over!It was a holiday shortened, rather lacklustre week in markets. Good that 2022 is over. FY returns were poor across equities and bonds.