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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 May 3, 2024
Earnings and economic data were all relatively to the liking of equity and bond investors alike, providing a boost for assets last week.

tim@emorningcoffee.com
May 4, 20245 min read


Week ended Feb 2, 2024: Earnings, Fed and US jobs
Last week dominated by five "Mag 7" companies that reported earnings (mixed bag), Fed and BoE monetary policy meetings, and economic data.

tim@emorningcoffee.com
Feb 3, 20246 min read


Week ended Sept 1, 2023: Good enough
The 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.com
Sep 2, 20234 min read


US labour report stokes late-week rally (weekly update)
US markets started the year poorly, but a balanced NFP report for Dec, released Friday, cheered investors. European equities even stronger.

tim@emorningcoffee.com
Jan 7, 20233 min read


WEEKLY: Didn't see that coming!
The good news is that Nov was a terrific and positive month for stocks and bonds. The bad news is inflation won't go away. Read on....

tim@emorningcoffee.com
Dec 3, 20225 min read


Week ended July 8th, 2022
US jobs report over-rode concerns re resignation of UK PM Johnson and assassination of former Japanese PM Abe. Bonds tank, equities rally.

tim@emorningcoffee.com
Jul 10, 20226 min read


Week ended June 3rd, 2022
Remember 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.com
Jun 4, 20226 min read


Week ended April 1st 2022
Oil settles, inflation rages, Ukraine-Russia war drags on. The result? Equities rally, Treasuries get hammered. The yield curve inverts.

tim@emorningcoffee.com
Apr 3, 20228 min read


Inflation: Transient or Persistent, Lessons from the 1970s
This is about inflation - will it prove to be transitory (Fed's view) or persistent? I feel the former, but fear the medicine it will take

tim@emorningcoffee.com
May 26, 202110 min read
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