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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.

Week ended March 28, 2025: risk markets falter after more tariffs

Mr Trump's announcement of 25% auto tariffs followed by others in the queue sent stocks spiralling down, and haven assets like gold higher.

tim@emorningcoffee.com

Mar 286 min read

Earnings and economic data (especially inflation data) continued to improve risk sentiment. The yield curve inversion ended. Dollar better

tim@emorningcoffee.com

Sep 1, 20246 min read

More of the same, as risk-on sentiment pushes US equity markets to record highs. Bitcoin is soaring, too. Economic data remains supportive

tim@emorningcoffee.com

Mar 1, 20247 min read

Lots of US economic data last week that pushed the S&P 500 to another record level. UST yields flattish. Chinese equities better. Read on

tim@emorningcoffee.com

Jan 27, 20243 min read

Economic data remains mixed, but it is clear inflation is slowing in the US and Europe. Investors are all-in on a faster pivot, markets up.

tim@emorningcoffee.com

Dec 23, 20235 min read

It was a scorching end to a fantastic first half of 2023, if you are long equities. Less so perhaps if you are long bonds. And Apple!!

tim@emorningcoffee.com

Jul 1, 20236 min read

Get ready for the next FOMC meeting and a market rip following the debt ceiling agreement. Want to better understand semiconductors?

tim@emorningcoffee.com

May 30, 20233 min read

This week was about big tech earnings, which did not disappoint, and economic data, which suggested a slowing economy but stubborn inflation

tim@emorningcoffee.com

Apr 29, 20235 min read

Inflation data weighed on markets again this week, with the S&P 500 declining for the 3rd consecutive week and UST yields pushing higher.

tim@emorningcoffee.com

Feb 25, 20234 min read

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