tim@emorningcoffee.comFeb 11, 20234 minWEEKLY: Fed walks back risk marketsFed-speak undid the bond market as yields rose 20bps across the curve. NASDAQ paid the price. Oil sharply high, USD stable. FTSE 100 up.
tim@emorningcoffee.comFeb 5, 20234 minWeek ended Feb 3rd, 2023Until the end of the week, the data and earnings were saying one thing and investors were hearing another. Markets decent though till Fri.
tim@emorningcoffee.comJan 28, 20234 minWEEKLY: Risk assets head to the moon!We are going "to the moon" across risk assets of all types. Can this continue? I'm not convinced but it's been a great start to 2023!
tim@emorningcoffee.comJan 21, 20235 minWEEKLY: News mixed, markets skid sidewaysMarkets largely slid sideways this week. Large tech companies continue layoffs. Economic data suggests peak inflation has been reached.
tim@emorningcoffee.comJan 14, 20236 minWEEKLY: Goldilocks CPI report spurs risk rallyA goldilocks CPI report for Dec cheered markets on Thurs. spurring further risk-on. Bank earnings had warnings on Friday that were ignored.
tim@emorningcoffee.comJan 7, 20233 minUS 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.comDec 18, 20226 minWEEKLY: Actions speak louder than wordsThe Fed, ECB and BoE all did exactly as predicted, but comments following press releases were decidedly hawkish. Markets puked on this.
tim@emorningcoffee.comDec 10, 20225 minWEEKLY: Big week ahead, CPI and central bank meetingsMixed week, sentiment shifters driving momentum markets. US economy continuing to show resiliency, muting the Fed's fight against inflation
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.