Market In Review 18/2023
All eyes will be on the Fed at the FOMC. Odds are high for a 0.25% move again which is in stark contrast to the RBA who will not raise rates. Making the interest rate differential between the two economies at 1.65%.
Market In Review 17/2023
Bit of a dud week with conflicting signals for the global economy. USA in particular is giving off multiple mixed signals, with data points both showing inflationary and recessionary.
Market In Review 16/2023
With the FOMC almost two weeks away, soon the Fed members will be in communication lockdown so expect a few more talking heads prior to radio silence.
Market In Review 14/2023
The US Fed’s favourite inflation number came out Friday night, a tick lower and so it was all aboard the stock market choo-choo train as the market sees no more inflation, no more rate rises and no risk ahead. Right.
Market In Review 13/2023
At face value, all seems OK in the USA. They are getting bailouts, economic data still strong (PMIs) and stock market finished up on the week. However, pop the hood and the engine underneath tells a different story.
Market In Review 12/2023
More bank runs as we get to hear from the US Fed this week.
Market In Review 11/2023
Things are starting to get messy! Two US banks folded this week, one of them being the 2nd largest collapse in US history.
Market In Review 10/2023
For over a decade I have raged at Quantitative Easing as an evil instrument, a band-aid solution that ultimately just shifted wealth from the middle class to the upper class.
Market In Review 09/2023
As inflation weakened throughout the last half of 2022 everyone was talking about and positioning for a Fed “pivot”. That narrative is now dead
Market In Review
US inflation this week came out higher than expected across Core and pipeline inflation numbers along with retail spending.
