tim@emorningcoffee.comAug 13, 20225 minWeek ended August 12, 2022Disinflation at last, markets rejoice [SKIP THE COMMENTARY AND GO STRAIGHT TO THE TABLES] SUMMARY OF MARKETS All it took for US equity...
tim@emorningcoffee.comAug 6, 20226 minWeek ended August 5, 2022The BoE bumped the rates 50bps, its largest increase since 1995. The US jobs report served as a reminder that inflation is not going away.
tim@emorningcoffee.comJul 30, 20226 minWeek ended July 29, 2022July ends a winning month for US and European equities and bonds, following a dismal 1H2022. Earnings supportive, economic data in line.
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 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.