tim@emorningcoffee.comJul 29, 20234 minWeek ended July 28, 2023: Looking good! Bonds were battered again, but not global equities which took off like rockets. Earnings good, economic data good, etc – what's not to like
tim@emorningcoffee.comJul 22, 20234 minWeek ended July 21, 2023: TSLA and NFLX drive sentimentIt's fair to say that disappointing results from Netflix and Tesla stopped the market in its tracks, although UK CPI was better.
tim@emorningcoffee.comJul 1, 20236 minWeek ended June 30, 2023: Equity markets on fire!It was a scorching end to a fantastic first half of 2023, if you are long equities. Less so perhaps if you are long bonds. And Apple!!
tim@emorningcoffee.comJun 18, 20237 minWeek ended June 16, 2023: Risk-rally broadeningFed pauses, ECB races ahead, BoJ stays loose; BoE poised to raise rates again this week. Dollar slumps, global equities power ahead,
tim@emorningcoffee.comApr 29, 20235 minWeek ended April 28, 2023: Big tech serves up the numbersThis week was about big tech earnings, which did not disappoint, and economic data, which suggested a slowing economy but stubborn inflation
tim@emorningcoffee.comMar 11, 20234 minWEEKLY: Regulatory takeover of SIVB steals the showIn a week full of economic data and news, the take-over of Silicon Valley Bank by the FDIC spurred a risk-off attitude, with USTs gaining.
tim@emorningcoffee.comMar 4, 20234 minWEEKLY: Much ado about nothingEarnings season ended and data was sparse. Equities rallied, gaining in the US for the first time in 4 weeks. Bond yields rose.
tim@emorningcoffee.comDec 24, 20222 minWEEKLY: Worse than expected on declining volumesMarkets generally worse than expected on declining volumes, as we head to the holiday break. BoJ shocked markets, US PCE in-line.
tim@emorningcoffee.comJul 15, 20225 minWho do you trust?Do you trust the Fed, or the Bank of England, or the Bank of Japan, or the ECB, or the Bank of China? Shades of grey for sure, read on!