tim@emorningcoffee.comJul 16, 20225 minWeek ended July 15th 2022At 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.comJul 3, 20225 minWeek ended July 1, 2022Back to the same as equity markets tanked again this week bringing 1H22 to a close. USTs rallied though with yield plummeting.
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 14, 20227 minWeek ended May 13th 2022This past week was a downer for equities, saved only by a late-session recovery on Thursday with the rally extending into Friday.
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 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 3, 20228 minWeek ended April 1st 2022Oil settles, inflation rages, Ukraine-Russia war drags on. The result? Equities rally, Treasuries get hammered. The yield curve inverts.
tim@emorningcoffee.comMar 20, 20227 minWeek ended March 18th 2022There were no massive surprises this past week as the Fed and BoE did just as expected, and the war in Ukraine unfortunately ground on.