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.comDec 30, 20233 minWeek ended Dec 29, 2023: end of year (short) editionWe ended the year very much along the themes that drove 4Q23. Equities and government bonds were better bid across the board. 2024??
tim@emorningcoffee.comSep 30, 20237 minWeek ended Sept 29, 2023 (end of 3Q)Dismal end to a dismal quarter, with stocks down and bonds getting hammered. US govt shutdown, US housing market and UST market worries.
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.comMay 6, 20235 minWeek ended May 5, 2023: Now what?Mixed data week but generally suggesting resilient US jobs market. Fed and ECB hike, Apple delivers the goods. Equities slightly weaker.
tim@emorningcoffee.comFeb 18, 20234 minWEEKLY: US economy running hotThe combination of the Fed's ongoing rhetoric and strong economic data finally hits home, as US stocks falter, following the UST market.
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.