tim@emorningcoffee.com6 days ago8 minWeek ended April 19, 2024: not a good week!It was another challenging week for both stocks and bonds, with the sell-off in equities gaining steam as tech stocks flounder.
tim@emorningcoffee.comApr 66 minWeek ended April 5, 2024: equities and bonds declineStocks and bonds declined last week, although stocks ended the week on a positive note after a strong US jobs report. Gold and oil higher.
tim@emorningcoffee.comMar 226 minWeek ended March 22, 2023: It's an "everything rally" (nearly)It was an "everything rally" last week, with several equity markets touching record highs. US Treasuries also rallied. Thanks central banks
tim@emorningcoffee.comMar 87 minWeek ended March 8, 2024: politics dominate landscapeEquities were mixed, UST yields were tighter across the curve. Politics garnered most attention this week, plus an ECB decision.
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.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.comDec 23, 20235 minWeek ended Dec 22, 2023: Mixed data, markets continue rallyEconomic 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.comAug 2, 20234 minWrong (so far)....but the Street has been, tooSeven months into the year, many of my Y/E forecasts for indices and other assets look like they will be wrong. I am in good company!