tim@emorningcoffee.comMay 6, 20235 minWeek ended May 5, 2023: Now what?Mixed data week but generally suggesting resilient US jobs market. Fed and ECB hike, Apple delivers the goods. Equities slightly weaker.
tim@emorningcoffee.comMar 25, 20235 minWeek ended March 24, 2023Concerns about banking arguably subsided as the week wore on, with Fed and BoE rate decisions taking centre stage. Risk assets better bid.
tim@emorningcoffee.comMar 11, 20234 minWEEKLY: Regulatory takeover of SIVB steals the showIn a week full of economic data and news, the take-over of Silicon Valley Bank by the FDIC spurred a risk-off attitude, with USTs gaining.
tim@emorningcoffee.comFeb 18, 20234 minWEEKLY: US economy running hotThe combination of the Fed's ongoing rhetoric and strong economic data finally hits home, as US stocks falter, following the UST market.
tim@emorningcoffee.comFeb 5, 20234 minWeek ended Feb 3rd, 2023Until the end of the week, the data and earnings were saying one thing and investors were hearing another. Markets decent though till Fri.
tim@emorningcoffee.comJan 14, 20236 minWEEKLY: Goldilocks CPI report spurs risk rallyA goldilocks CPI report for Dec cheered markets on Thurs. spurring further risk-on. Bank earnings had warnings on Friday that were ignored.
tim@emorningcoffee.comDec 18, 20226 minWEEKLY: Actions speak louder than wordsThe Fed, ECB and BoE all did exactly as predicted, but comments following press releases were decidedly hawkish. Markets puked on this.
tim@emorningcoffee.comDec 10, 20225 minWEEKLY: Big week ahead, CPI and central bank meetingsMixed week, sentiment shifters driving momentum markets. US economy continuing to show resiliency, muting the Fed's fight against inflation
tim@emorningcoffee.comNov 26, 20224 minWEEKLY: Risk markets grind higherStocks and bonds are much better on the week, continuing a nice run in the 4Q22. The rally is broadening and orderly. Too much, too fast?