tim@emorningcoffee.comSep 2, 20234 minWeek ended Sept 1, 2023: Good enoughThe perfect storm of economic news cheered bond and stock investors, with asset prices rising across the board in the US. RoW less clear.
tim@emorningcoffee.comJul 22, 20234 minWeek ended July 21, 2023: TSLA and NFLX drive sentimentIt's fair to say that disappointing results from Netflix and Tesla stopped the market in its tracks, although UK CPI was better.
tim@emorningcoffee.comJul 8, 20235 minWeek ended July 7, 2022: US jobs solid, equities and bonds drift lowerUS jobs data was sufficiently solid, largely as expected, that it wrecked the recent rally in stocks. UST yields were sent higher, too.
tim@emorningcoffee.comJun 24, 20235 minWeek ended June 23, 2023: BoE jumbo rate increaseCentral banks, one after another, are raising rates to try to tame persistent inflation, but it's not working fast enough. Equities tanked.
tim@emorningcoffee.comJun 3, 20234 minWeek ended June 2, 2023Debt ceiling done as attention turns to the Fed's next move. US jobs data continues to suggest resiliency, and equities are liking it.
tim@emorningcoffee.comMay 27, 20235 minWeek ended May 26, 2023: Feeling fragileDebt ceiling drags on, Nvidia clobbers their earnings, and UK inflation rages. Still, equities power forward led by US tech and Japan.
tim@emorningcoffee.comMay 21, 20233 minWeek ended May 19, 2023Not a lot of news this week aside from the debt ceiling discussions and earnings from US retailers Walmart, Home Depot and Target.
tim@emorningcoffee.comMay 13, 20234 minWeek ended May 12, 2023[GO STRAIGHT TO THE TABLES] MARKETS SUMMARY Stocks didn’t do much week-over-week although the general trend was down. Japanese equities...
tim@emorningcoffee.comApr 29, 20235 minWeek ended April 28, 2023: Big tech serves up the numbersThis week was about big tech earnings, which did not disappoint, and economic data, which suggested a slowing economy but stubborn inflation