tim@emorningcoffee.comApr 66 minWeek ended April 5, 2024: equities and bonds declineStocks and bonds declined last week, although stocks ended the week on a positive note after a strong US jobs report. Gold and oil higher.
tim@emorningcoffee.comMar 226 minWeek ended March 22, 2023: It's an "everything rally" (nearly)It was an "everything rally" last week, with several equity markets touching record highs. US Treasuries also rallied. Thanks central banks
tim@emorningcoffee.comMar 155 minWeek ended March 15, 2024: most assets falterHotter-than-expected US inflation data clobbered the bond market, and after digestion, also rattled US equities. Credit was better (again).
tim@emorningcoffee.comDec 31, 20223 minWEEKLY: Damn glad that's over!It was a holiday shortened, rather lacklustre week in markets. Good that 2022 is over. FY returns were poor across equities and bonds.
tim@emorningcoffee.comAug 23, 20226 minThe Federal Reserve's balance sheetThe Federal Reserve is in the early stages of reducing its balance sheet, or quantitative tightening ("QT").
tim@emorningcoffee.comMay 25, 20229 minFOREXFOREX is in the news, especially as many think the USD has reached its peak and is at an inflection point. What drives FOREX? Read on.
tim@emorningcoffee.comMay 10, 202214 minThe Federal Reserve and the Decade of 2010-2020The decade 2010-20 involved a very hands-on approach by the Fed to steer the US economy out of a deep recession. What lessons can be learnt
tim@emorningcoffee.comNov 23, 20214 minFOMO, TINA, YOLO and the FedDon't look to fundamentals to explain equity prices today – look to attitudes embedded in acronyms. And don't forget the super-easy Fed!
tim@emorningcoffee.comOct 8, 20214 minAbout that transitory inflation........I continue to believe that inflation will be transitory, but supply-push inflation will cause inflation to be higher longer.