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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.

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WEEKLY: US economy running hot
The combination of the Fed's ongoing rhetoric and strong economic data finally hits home, as US stocks falter, following the UST market.

tim@emorningcoffee.com
Feb 18, 20234 min read
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WEEKLY: Fed walks back risk markets
Fed-speak undid the bond market as yields rose 20bps across the curve. NASDAQ paid the price. Oil sharply high, USD stable. FTSE 100 up.

tim@emorningcoffee.com
Feb 11, 20234 min read
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Week ended Feb 3rd, 2023
Until the end of the week, the data and earnings were saying one thing and investors were hearing another. Markets decent though till Fri.

tim@emorningcoffee.com
Feb 5, 20234 min read
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WEEKLY: Risk assets head to the moon!
We are going "to the moon" across risk assets of all types. Can this continue? I'm not convinced but it's been a great start to 2023!

tim@emorningcoffee.com
Jan 28, 20234 min read
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WEEKLY: News mixed, markets skid sideways
Markets largely slid sideways this week. Large tech companies continue layoffs. Economic data suggests peak inflation has been reached.

tim@emorningcoffee.com
Jan 21, 20235 min read
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WEEKLY: Goldilocks CPI report spurs risk rally
A goldilocks CPI report for Dec cheered markets on Thurs. spurring further risk-on. Bank earnings had warnings on Friday that were ignored.

tim@emorningcoffee.com
Jan 14, 20236 min read
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US labour report stokes late-week rally (weekly update)
US markets started the year poorly, but a balanced NFP report for Dec, released Friday, cheered investors. European equities even stronger.

tim@emorningcoffee.com
Jan 7, 20233 min read
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WEEKLY: Worse than expected on declining volumes
Markets generally worse than expected on declining volumes, as we head to the holiday break. BoJ shocked markets, US PCE in-line.

tim@emorningcoffee.com
Dec 24, 20222 min read
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WEEKLY: Actions speak louder than words
The Fed, ECB and BoE all did exactly as predicted, but comments following press releases were decidedly hawkish. Markets puked on this.

tim@emorningcoffee.com
Dec 18, 20226 min read
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