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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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Week ended Dec 20, 2024: FOMC projections send markets lower
Confident that another stellar year for U.S. stocks was coming to a close, investors were jolted from their complacency when the Federal...

tim@emorningcoffee.com
Dec 21, 20245 min read
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Week ended Dec 6, 2024: risk markets and USTs better, Bitcoin soars to record
Stocks reached more record highs in the US, but Asian and European stocks outperformed. UST yields slightly lower. Bitcoin soars to record

tim@emorningcoffee.com
Dec 7, 20247 min read
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Week ended Sept 20, 2024: central bank decisions feature
Last week was mainly about a trifecta of central bank decisions, with most attention focused on the Fed. The Fed Funds rate was reduced .50%

tim@emorningcoffee.com
Sep 21, 20247 min read
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Week ended Sept 6, 2024: sentiment deteriorates
US Labor Day holiday marked the unofficial end of summer, and also a demarcation for risk sentiment. Bonds rallied and stocks got hammered.

tim@emorningcoffee.com
Sep 7, 20246 min read
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Week ended Aug 16, 2024: "everything up" week!
It was an "everything up" week, with global equities, US Treasuries, corporate bonds and gold all registering gains. Happy summer!

tim@emorningcoffee.com
Aug 17, 20244 min read
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Week ended Aug 2, 2024 (and emails during week to subs)
Last week was brilliant for UST investors in duration, and horrible for investors in global equities. Culprits: Mag & and US economic data.

tim@emorningcoffee.com
Aug 3, 202411 min read
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Week ended Feb 9th, 2024: S&P 500 closes above 5,000
Memes 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.com
Feb 10, 20245 min read
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Week ended Dec 29, 2023: end of year (short) edition
We ended the year very much along the themes that drove 4Q23. Equities and government bonds were better bid across the board. 2024??

tim@emorningcoffee.com
Dec 30, 20233 min read
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Week ended Dec 8, 2023: eyes on central bank policy meetings
It was a week of mixed economic news in the US, with a strong labor market clobbering the short end of the UST curve. Equities didn't care.

tim@emorningcoffee.com
Dec 9, 20236 min read
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