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 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 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.
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.
tim@emorningcoffee.comMar 12, 20226 minWeek ended March 11, 2022It was another volatile week although the direction was fairly clear as investors continued to exit equities and bonds. Inflation is back!
tim@emorningcoffee.comFeb 19, 20226 minWeek ended February 18th 2022This week was dominated by geopolitical news around Ukraine and Russia. Uncertainty led to a flow out of risk assets and into safe havens.
tim@emorningcoffee.comFeb 12, 20227 minWeek Ended February 11th 2022A week of two halves. Equities performed well for 3 days and then high CPI and hawkish Fed comments clobbered stocks & bonds.