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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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Portfolio update: 4Q2024 and full year
This article contains an update of my 2024 portfolio performance. My returns were decent but not as good as they should have been.

tim@emorningcoffee.com
Jan 22, 20257 min read
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Week ended Jan 10, 2025: markets under pressure
Stock and bond markets felt fragile all week. The US Dec jobs report caused investments to gap down in price to end a difficult week.

tim@emorningcoffee.com
Jan 11, 20255 min read
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Week ended Jan 3, 2025
We start 2025 with a mixed picture, not surprising in that the new year consisted of a holiday week. Friday was better in US stocks.

tim@emorningcoffee.com
Jan 5, 20252 min read
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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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