tim@emorningcoffee.comNov 5, 20227 minWEEKLY: Fed, BoE raise rates; US equities / bonds take it on the chinUS equities and bonds get crushed, other global equity markets improve. USTs weaker, gold rallies, oil up and USD lower. Fed, BoE raise.
tim@emorningcoffee.comOct 29, 20226 minWEEKLY: Markets improve as FAMAG companies flounderThis week was mainly about earnings, including banks, FAMAG companies and oil giants. ECB and BoJ behaved as expected. US 3Q22 GDP beats.
tim@emorningcoffee.comOct 15, 20226 minWeek ended Oct 14, 2022The Truss government takes a U-Turn and throws Kwarteng under the bus, and US equities experience unusual volatility following hot CPI.
tim@emorningcoffee.comOct 8, 20227 minWeek ended Oct 7 2022Markets were up on bad economic news, and then faltered on good economic news. The narrative of a Fed pivot won't go away.
tim@emorningcoffee.comOct 1, 20226 minWeek Ended Sept 30th, 2022The week, month and quarter was simply a disaster for both equity and bond investors globally, there was simply nowhere to hide except cash.
tim@emorningcoffee.comSep 24, 20227 minWeek ended Sept 23rd 2022It was a horrific week brought on by central banks doing exactly what they said they were going to do. Reality is setting in and its painful
tim@emorningcoffee.comSep 10, 20227 minWeek ended Sept 9, 2022The Labor Day holiday in the US on Monday and the Queen's death on Thursday framed the week, with risk assets rallying strongly on Friday.
tim@emorningcoffee.comSep 3, 20226 minWeek ended Sept 2nd 2022August was a month of two halves, with unfortunately the second half being a reversal of fortune and a massive fade heading into Sept. Ugh!
tim@emorningcoffee.comAug 27, 20228 minWeek ended August 26th 2022At the economic symposium, Fed chair Powell presented a committed focus to snuff out inflation. Global growth is slowing, inflation high.