tim@emorningcoffee.comFeb 244 minWeek ended Feb 23, 2024: NVIDIA drives sentimentIt was a bifurcated week all about NVDA, which soared post-earnings, validating the AI narrative. European & Japanese equities hit records.
tim@emorningcoffee.comFeb 175 minWeek ended Feb 16th, 2024: economic data drives marketsUS inflation for January was hot, pushing equities bond bonds lower. International equities performed better. UK and Japan in recession.
tim@emorningcoffee.comFeb 105 minWeek ended Feb 9th, 2024: S&P 500 closes above 5,000Memes are dead I suppose, but not meme-like price performance. And yawn – the S&P 500 reaches ANOTHER record high while bonds get hammered.
tim@emorningcoffee.comFeb 36 minWeek ended Feb 2, 2024: Earnings, Fed and US jobsLast week dominated by five "Mag 7" companies that reported earnings (mixed bag), Fed and BoE monetary policy meetings, and economic data.
tim@emorningcoffee.comJan 273 minWeek ended Jan 26, 2024: US data, China, Tesla, central bank decisionsLots 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.comJan 204 minWeek ended Jan 19, 2024: S&P 500 closes at record highThe 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.comJan 134 minWeek ended January 12, 2024: focus on Bitcoin ETFsLast 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.comJan 73 minWeek ended Jan 5, 2024Sloppy start to the new year in most traditional asset markets. Credit also weakened, and the USD strengthened. Off we go!
tim@emorningcoffee.comDec 30, 20233 minWeek ended Dec 29, 2023: end of year (short) editionWe ended the year very much along the themes that drove 4Q23. Equities and government bonds were better bid across the board. 2024??