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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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WEEKLY: Fed, BoE raise rates; US equities / bonds take it on the chin
US equities and bonds get crushed, other global equity markets improve. USTs weaker, gold rallies, oil up and USD lower. Fed, BoE raise.

tim@emorningcoffee.com
Nov 5, 20227 min read
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Week ended August 19th 2022
Friday was a down day in US equities and bonds. Was it an anomaly or is reality setting back in? 2y Gilt yields also were sharply higher.

tim@emorningcoffee.com
Aug 20, 20225 min read
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Week ended August 12, 2022
Disinflation at last, markets rejoice [SKIP THE COMMENTARY AND GO STRAIGHT TO THE TABLES] SUMMARY OF MARKETS All it took for US equity...

tim@emorningcoffee.com
Aug 13, 20225 min read
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Week ended August 5, 2022
The BoE bumped the rates 50bps, its largest increase since 1995. The US jobs report served as a reminder that inflation is not going away.

tim@emorningcoffee.com
Aug 6, 20226 min read
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Week ended July 29, 2022
July ends a winning month for US and European equities and bonds, following a dismal 1H2022. Earnings supportive, economic data in line.

tim@emorningcoffee.com
Jul 30, 20226 min read
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Week ended July 15th 2022
At least we ended on a constructive tone on Friday, even though CPI in June in the US soared to 9.1%/annum, the highest since 1981!

tim@emorningcoffee.com
Jul 16, 20225 min read
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Week ended July 1, 2022
Back to the same as equity markets tanked again this week bringing 1H22 to a close. USTs rallied though with yield plummeting.

tim@emorningcoffee.com
Jul 3, 20225 min read
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Week ended May 27th 2022
US 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.com
May 28, 20226 min read
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Week ended May 20th 2022
Poor 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.com
May 21, 20226 min read
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