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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.

tim@emorningcoffee.com

Feb 3, 20246 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

Dec 30, 20233 min read

We ended the year very much along the themes that drove 4Q23. Equities and government bonds were better bid across the board. 2024??

tim@emorningcoffee.com

Dec 16, 20237 min read

The Fed breaks ranks for some reason and suggests a nearer-than-expected pivot which sent stocks and bonds soaring.

tim@emorningcoffee.com

Dec 9, 20236 min read

It was a week of mixed economic news in the US, with a strong labor market clobbering the short end of the UST curve. Equities didn't care.

tim@emorningcoffee.com

Nov 4, 20236 min read

Stocks and bonds were on fire this week, a rare occurrence recently. "Bad news is good news" resonated as data showed a slowing US economy

tim@emorningcoffee.com

Oct 7, 20237 min read

Markets feeling increasingly fragile as UST yields head higher and equities bounce around. Uncertainty and risks abound. Not feelin' it!

tim@emorningcoffee.com

Sep 30, 20237 min read

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.com

Sep 23, 20236 min read

The central bank trifecta this week unfolded largely as expected. US bonds and equities puked on the Fed's "higher for longer".

tim@emorningcoffee.com

Aug 26, 20236 min read

Rather uneventful week in markets although equities generally better and yields a touch wider. Focus was on Jackson Hole, NVDA and rates.

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