tim@emorningcoffee.comJun 25, 20225 minWeek ended June 24, 2022Markets gained momentum as the week wore on and ended solidly in the green for the week, a break with a horrific year so far. Bonds better.
tim@emorningcoffee.comJun 18, 20226 minWeek ended June 17, 2022It was a dismal week, with cash being nearly the only long asset that was worth owning. Equities, bonds, cryptos – even oil – got hammered.
tim@emorningcoffee.comJun 11, 20227 minWeek ended June 10, 2022Nothing was pretty about this week, as the ECB being slightly more hawkish than expected and red-hot US inflation clobbered markets.
tim@emorningcoffee.comMay 28, 20226 minWeek ended May 27th 2022US equities rally strongly into the close on Friday, bringing MtD returns for May into the green. Corp credit rallies too, the USD weakens.
tim@emorningcoffee.comMay 21, 20226 minWeek ended May 20th 2022Poor US retail earnings and a more pessimistic outlook for FY were the catalysts driving US equities this week. EM was the best performer.
tim@emorningcoffee.comMay 8, 20226 minWeek ended May 6th, 2022Although 160 S&P 500 companies reported earnings this week, all eyes were on the Fed's and BoE's rate decisions, and on the US jobs report.
tim@emorningcoffee.comApr 22, 20227 minWeek ended April 22, 2022Earnings dominated the news flow, mostly goods(but not all). Still, USTs and equities continues their sell-off, down sharply on the week.
tim@emorningcoffee.comApr 16, 20227 minWeek ended April 15th 2022CPI and PPI were red hot, UK CPI too. Neither the equity nor bond market much liked this one bit. Gold, oil, USD better, rest pretty poor.
tim@emorningcoffee.comApr 9, 20227 minWeek ended April 8th 2022This past week was all about the Fed and its increasingly hawkish approach, which seemed to catch investors off-guard.