Weekly Updates 13/35

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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 Feb 2, 2024: Earnings, Fed and US jobs

Last week dominated by five "Mag 7" companies that reported earnings (mixed bag), Fed and BoE monetary policy meetings, and economic data.

tim@emorningcoffee.com

Feb 3, 20246 min read

Lots of US economic data last week that pushed the S&P 500 to another record level. UST yields flattish. Chinese equities better. Read on

tim@emorningcoffee.com

Jan 27, 20243 min read

The S&P 500 closed at a record high. European and EM stocks slumped. USTs also got hammered. Davos and economic data drove sentiment.

tim@emorningcoffee.com

Jan 20, 20244 min read

Last week was about US inflation data and the approval of Bitcoin ETFs. CPI was slightly hot, and PPI was weak, sending yields lower.

tim@emorningcoffee.com

Jan 13, 20244 min read

Sloppy start to the new year in most traditional asset markets. Credit also weakened, and the USD strengthened. Off we go!

tim@emorningcoffee.com

Jan 7, 20243 min read

We ended the year very much along the themes that drove 4Q23. Equities and government bonds were better bid across the board. 2024??

tim@emorningcoffee.com

Dec 30, 20233 min read

Economic data remains mixed, but it is clear inflation is slowing in the US and Europe. Investors are all-in on a faster pivot, markets up.

tim@emorningcoffee.com

Dec 23, 20235 min read

The Fed breaks ranks for some reason and suggests a nearer-than-expected pivot which sent stocks and bonds soaring.

tim@emorningcoffee.com

Dec 16, 20237 min read

It was a week of mixed economic news in the US, with a strong labor market clobbering the short end of the UST curve. Equities didn't care.

tim@emorningcoffee.com

Dec 9, 20236 min read

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