Weekly Updates

My view on what's going on in the financial markets and the global economy, and a few other things that might interest me from time to time.

Week ended Sept 23rd 2022

It was a horrific week brought on by central banks doing exactly what they said they were going to do. Reality is setting in and its painful

Week ended Sept 16th 2022

Not a good week at all for most asset classes, with the culprit being worst-than-expected CPI in the US. Economic data weak elsewhere too.

Week ended Sept 9, 2022

The Labor Day holiday in the US on Monday and the Queen's death on Thursday framed the week, with risk assets rallying strongly on Friday.

Week ended Sept 2nd 2022

August was a month of two halves, with unfortunately the second half being a reversal of fortune and a massive fade heading into Sept. Ugh!

Week ended August 26th 2022

At the economic symposium, Fed chair Powell presented a committed focus to snuff out inflation. Global growth is slowing, inflation high.

Week ended August 19th 2022

Friday was a down day in US equities and bonds. Was it an anomaly or is reality setting back in? 2y Gilt yields also were sharply higher.

Week ended August 12, 2022

Disinflation at last, markets rejoice [SKIP THE COMMENTARY AND GO STRAIGHT TO THE TABLES] SUMMARY OF MARKETS All it took for US equity...

Week ended August 5, 2022

The BoE bumped the rates 50bps, its largest increase since 1995. The US jobs report served as a reminder that inflation is not going away.

Week ended July 29, 2022

July ends a winning month for US and European equities and bonds, following a dismal 1H2022. Earnings supportive, economic data in line.