Market Update – Q3 2022 Share Stocks and Bonds Extend Their Declines in the 3rd Quarter Higher Inflation, Fed Rate Hikes and Geopolitical Risks Weighed heavily on Stocks and Bonds throughout Quarter. Global markets declined again in the third quarter as inflation remained near multi-decade highs, geopolitical tensions escalated further, and the Federal Reserve continued… Continue reading Q3 Market Update
Financial Market Breakdown – Week of October 10, 2022 Share Quick Highlights Futures are slightly lower as markets digest the implications of Friday’s strong jobs report following a mostly quiet weekend. Friday’s jobs report won’t make the Fed any more hawkish, but it’ll keep stocks facing a dual headwind of aggressive Fed and earnings pressure,… Continue reading Financial Market Breakdown – Week of October 10, 2022
Financial Market Breakdown – Week of October 3, 2022 Share Quick Highlights Futures are slightly higher following some backtracking on the UK fiscal spending plan. UK PM Truss has abandoned part of her spending/tax cut plan amidst market and political pressure as she will no longer eliminate the 45% top tax rate (this is a… Continue reading Financial Market Breakdown – Week of October 3, 2022
Financial Market Breakdown – Week of September 26, 2022 Share Quick Highlights Futures are modestly lower as global bond yields rose further while the British Pound remained extremely volatile. The British Pound plunged to an all-time low vs. the dollar earlier this morning before rebounding, and the extreme volatility is adding to investor worries. Economically,… Continue reading Financial Market Breakdown – Week of September 26, 2022
Financial Market Breakdown – Week of September 19, 2022 Share Quick Highlights Futures are moderately lower, mostly on momentum from last week’s declines and following a quiet weekend of news. Geo-politically, Russian President Putin and Ukrainian President Zelensky gave interviews over the weekend, and neither implied the war would end anytime soon, which is a… Continue reading Financial Market Breakdown – Week of September 19, 2022
Financial Market Breakdown – Week of September 12, 2022 Share Quick Highlights Futures were moderately higher as the U.S. Dollar extended Friday’s declines thanks to a hawkish ECB article. The euro is surging another 1% and pushing the Dollar Index lower following a hawkish ECB Reuters article that stated the ECB might have to raise… Continue reading Financial Market Breakdown – Week of September 12, 2022
Financial Market Breakdown – Week of September 6, 2022 Share Quick Highlights There is a tentative risk-on tone to trading this morning as U.S. equity futures track global shares higher thanks to new stimulus measures in China and easing natural gas prices in Europe. The PBOC announced new measures to help stabilize the yuan and… Continue reading Financial Market Breakdown – Week of September 6, 2022
Financial Market Breakdown – Week of August 29, 2022 Share Quick Highlights Futures are down close to 1% on follow-through selling from Friday as hopes of a near-term “Fed Pivot” continue to fade in reaction to Powell’s speech last week. European shares are also sharply lower as tightening expectations for the ECB rose sharply on… Continue reading Financial Market Breakdown – Week of August 29, 2022
Financial Market Breakdown – Week of August 23, 2022 Share Quick Highlights Stock futures are steady this morning as this week’s rise in both the dollar and bond yields has paused while European economic data was better than feared. Economically, the Eurozone Manufacturing PMI was 49.7 vs. (E) 49.0, and the Services PMI came in… Continue reading Financial Market Breakdown – Week of August 23, 2022
Financial Market Breakdown – Week of August 15, 2022 Share Quick Highlights Futures are modestly lower after Chinese economic data missed estimates, and the Chinese central bank cut rates in response. Chinese economic data was soft as Industrial Production (3.8% vs. (E) 4.3%), and Retail Sales (2.7% vs. (E) 4.9%) both missed estimates. In response,… Continue reading Financial Market Breakdown – Week of August 15, 2022
