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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 April 17, 2026: Back to the races!
Stocks are in a severe recovery stage, boosted further by the announcement on Friday that the Strait of Hormuz was being reopened to commercial traffic. Oil prices plunged, stocks took another leg up, and yields fell across the curve. Let the good times roll.....or are things really this good?

tim@emorningcoffee.com
Apr 176 min read


Week ended Feb 20th, 2026: Stocks eke out gains
Stocks eked out small gains and US Treasuries had small losses this past week, with plenty of economic news – especially on Friday – largely resulting in a "meh" response. European stocks closed at record highs, while gold and the greenback gained ground. Bitcoin continued to suffer losses.

tim@emorningcoffee.com
Feb 214 min read


10% cap on credit card interest: a very bad idea!
President Trump has shown his populist colours by jumping on board a liberal proposal to cap credit card interest rates at 10% for one year. This makes no sense! And it looks to be going nowhere fast.

tim@emorningcoffee.com
Jan 296 min read


The K-shaped economy and affordability
This is a short article about the K-shaped economy, driven by persistently high inflation and exacerbated by the errant "One, Big Beautiful Bill".

tim@emorningcoffee.com
Jan 75 min read


NATO
NATO was front and centre last week as the annual NATO Summit was held in The Hague on Tuesday and Wednesday, making it an opportune time...

tim@emorningcoffee.com
Jul 2, 20257 min read


"Worst economy ever"? Not even close!
Inspired by Mr Trump's false claims that he inherited the "worst economy ever", this article looks at administrations' economic performance.

tim@emorningcoffee.com
Feb 26, 20256 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


The US election: things you should know
Here are a few last-minute thoughts on the US election which will be held on Tuesday, Nov 5. A lot is at stake, but Weds, the world goes on

tim@emorningcoffee.com
Nov 3, 20244 min read


Three key election issues: immigration, inflation and abortion
There are many important issues in the US Presidential election, but none more so perhaps than immigration, inflation, and abortion.

tim@emorningcoffee.com
Sep 25, 202410 min read
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