tim@emorningcoffee.comJun 153 minWeek ended June 14, 2024: US inflation slowsUS CPI surprised on the downside (lower than expected) this week, setting a constructive tone. The FOMC says one rate cut, Europe wobbles.
tim@emorningcoffee.comJun 127 minMidweek update: Apple, CPI/FOMC, GMEWe have some US data coming that might matter today (CPI), but the FOMC will sit tight (also today). Discusses Apple's run and GameStop.
tim@emorningcoffee.comMay 45 minWeek ended May 3, 2024Earnings and economic data were all relatively to the liking of equity and bond investors alike, providing a boost for assets last week.
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.comMar 155 minWeek ended March 15, 2024: most assets falterHotter-than-expected US inflation data clobbered the bond market, and after digestion, also rattled US equities. Credit was better (again).
tim@emorningcoffee.comDec 16, 20237 minWeek ended Dec 15, 2023: Fed serves up a cream puff The Fed breaks ranks for some reason and suggests a nearer-than-expected pivot which sent stocks and bonds soaring.
tim@emorningcoffee.comDec 9, 20236 minWeek ended Dec 8, 2023: eyes on central bank policy meetingsIt 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.comNov 4, 20236 minWeek ended Nov 3, 2023: stocks and bonds rally hardStocks 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.comMay 30, 20233 minBIPs, RIPs and CHIPsGet ready for the next FOMC meeting and a market rip following the debt ceiling agreement. Want to better understand semiconductors?