Market In Review 28/2023

Man working at laptop in nature

RBA holds and USA Non-Farm Payrolls shows some weakness in US economy. Stocks pumped and dumped with the Greenback just simply dumped.

Market In Review 23/2023

Man working at laptop in nature

Chinese whispers flush Aussie dollar shorts out, whilst US stocks stonk on up along with rate rise expectations – go figure.

Market in Review 22/2023

Man working at laptop in nature

With most of Europe and the US closed for holiday today, the market will rip higher thanks to the US debt ceiling being lifted as Biden and McCarthy come to an arrangement.

Market In Review 21/2023

Man working at laptop in nature

With all this in play, it is a difficult balance for investors. The idea of stocks rising for sustained period seems unlikely

Market In Review 20/2023

Man working at laptop in nature

Last week saw US inflation come off a tad but still a long way to go. The US Fed heads (Governor Bowman) are still talking of higher rates. There is also the issue of banking crisis still lingering, in fact getting worse. And the big one this week, the US debt ceiling.

Market In Review 19/2023

Man working at laptop in nature

Chicken or egg – for The Fed to fold, the market will have to crash but the market won’t crash because everyone knows The Fed will fold and juice stocks back to un-reality

Market In Review 18/2023

Man working at laptop in nature

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%.