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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 June 12, 2026: SpaceX finally blasts off
Markets bounced around a lot last week, but focus was mostly on the SpaceX IPO, the largest IPO ever which successfully priced on Thursday evening. The war between the US and Iran continues, oil and gold were lower, and bonds improved.

tim@emorningcoffee.com
Jun 133 min read


The SpaceX IPO: insane valuation but will likely fly
The pending IPO of Elon Musk-controlled SpaceX (symbol SPCX) is grabbing all of the headlines at the moment, and for good reason – it is not only expected to be the largest IPO ever, but also the largest company (by market cap) to ever do an IPO. The proposed offering is also unique in other ways. For starters, the IPO marketing process is unconventional. For example, the offer price per share – normally provided as a range once investor meetings are well underway – has al

tim@emorningcoffee.com
Jun 410 min read


Cars, tariffs and social security "fraud"
This article summarises two articles and one podcast that are topical,: US/EU automotive tariffs, social security "fraud", and steel tariffs

tim@emorningcoffee.com
Feb 19, 20257 min read


Week ended Feb 14, 2025: markets slightly better
Inflation continues to confound, although investors largely shook it off. Market volatility remains elevated but stocks better WoW.

tim@emorningcoffee.com
Feb 15, 20254 min read


Week ended July 8th, 2022
US jobs report over-rode concerns re resignation of UK PM Johnson and assassination of former Japanese PM Abe. Bonds tank, equities rally.

tim@emorningcoffee.com
Jul 10, 20226 min read


Will Twitter be sold, and will Elon Musk be the buyer?
Elon Musk acquired an interest in Twitter, refused to go on the Board, and has now launched a hostile offer. In suspect TETR will be sold.

tim@emorningcoffee.com
Apr 19, 20226 min read


NFTs ("Non-Fungible Tokens")
NFTs are here to stay in my opinion. This unique form of digitised tokens that relies on blockchain tech, has legs, but will be volatile.

tim@emorningcoffee.com
Jun 2, 20218 min read


Week Ended May 14th: Volatility, Inflation back in Focus
Volatile and inflation were back in focus, as markets wobbled this past week. Read more in "Week Ended May 14th".

tim@emorningcoffee.com
May 15, 20215 min read
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