tim@emorningcoffee.comJul 16, 20225 minWeek ended July 15th 2022At least we ended on a constructive tone on Friday, even though CPI in June in the US soared to 9.1%/annum, the highest since 1981!
tim@emorningcoffee.comJul 3, 20225 minWeek ended July 1, 2022Back to the same as equity markets tanked again this week bringing 1H22 to a close. USTs rallied though with yield plummeting.
tim@emorningcoffee.comJun 25, 20225 minWeek ended June 24, 2022Markets gained momentum as the week wore on and ended solidly in the green for the week, a break with a horrific year so far. Bonds better.
tim@emorningcoffee.comJun 18, 20226 minWeek ended June 17, 2022It was a dismal week, with cash being nearly the only long asset that was worth owning. Equities, bonds, cryptos – even oil – got hammered.
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.comJun 4, 20226 minWeek ended June 3rd, 2022Remember that 6%+ increase in US stocks just one week ago? Forget it – we are back to normal as both equities and bond prices move lower.
tim@emorningcoffee.comMay 28, 20226 minWeek ended May 27th 2022US equities rally strongly into the close on Friday, bringing MtD returns for May into the green. Corp credit rallies too, the USD weakens.
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 14, 20227 minWeek ended May 13th 2022This past week was a downer for equities, saved only by a late-session recovery on Thursday with the rally extending into Friday.