Financial Market Breakdown – Week of July 18, 2022 Share Quick Highlights Futures are moderately higher, primarily on momentum from Friday’s rally and following a generally quiet weekend. Investors continue to hope for a near-term peak in inflation, and Friday’s drop in University of Michigan inflation expectations (2.8% vs. (E) 3.0%) and multi-month lows in… Continue reading Financial Market Breakdown – Week of July 18, 2022
Financial Market Breakdown – Week of July 11, 2022 Share Quick Highlights Futures are modestly lower following new COVID-related shutdowns in China. Macau will close most businesses, including casinos, for one week following a COVID outbreak, while Shanghai will continue with massive testing, in what is a signal that the “Zero COVID” policy is at… Continue reading Financial Market Breakdown – Week of July 11, 2022
Financial Market Breakdown – Week of July 6, 2022 Share Quick Highlights Economically, global Composite PMI data was better than feared, but broader concerns of a slowdown remain. Econ Today: Motor Vehicle Sales (E: 13.5M), Factory Orders (E: 0.5%). There are no Fed officials scheduled to speak today. The Treasury will hold auctions for 3-Month… Continue reading Financial Market Breakdown – Week of July 6, 2022
Financial Market Breakdown – Week of June 27, 2022 Share Quick Highlights Futures are slightly higher, primarily on momentum from last week’s rally and following a quiet weekend of news. In China, the economic reopening continued as Shanghai reported no new COVID cases for the first time in two months, while Beijing allowed most schools… Continue reading Financial Market Breakdown – Week of June 27, 2022
Financial Market Breakdown – Week of June 21, 2022 Share Quick Highlights Stock futures are solidly higher this morning, rebounding from last week’s more than 5% selloff, while global markets stabilized following a mostly quiet weekend. President Biden and St. Louis Fed President Jim Bullard both downplayed the threat of a severe recession on Monday… Continue reading Financial Market Breakdown – Week of June 21, 2022
Financial Market Breakdown – Week of June 13, 2022 Share Quick Highlights Global stocks are trading sharply lower, and bond yields rose to new multi-year highs overnight amid fears that the Fed is getting more aggressive with an economic slowdown. In the wake of Friday’s hot CPI report, rate markets are now pricing in a… Continue reading Financial Market Breakdown – Week of June 13, 2022
Financial Market Breakdown – Week of June 6, 2022 Share Quick Highlights Futures are higher thanks to positive news from China. The economic reopening in China progressed over the weekend as COVID cases continued to decline, authorities relaxed more restrictions in Beijing, and none of the fifty largest cities in China have intense restrictions in… Continue reading Financial Market Breakdown – Week of June 6, 2022
Financial Market Breakdown – Week of May 31, 2022 Share Quick Highlights Stock futures are moderately lower this morning, tracking losses in EU shares amid renewed inflation concerns. German CPI jumped to 7.9% vs. (E) 7.5% and the Eurozone HICP Flash rose to 8.1% vs. (E) 7.7% in May. Additionally, the EU agreed to a… Continue reading Financial Market Breakdown – Week of May 31, 2022
Financial Market Breakdown – Week of May 23, 2022 Share Quick Highlights Futures are moderately higher thanks mostly to momentum from Friday’s rebound following a generally quiet weekend. COVID news from China remains mixed as Shanghai continues to relax lockdowns, although Beijing is seeing a continued increase in cases (keeping the threat of more lockdowns… Continue reading Financial Market Breakdown – Week of May 23, 2022
Financial Market Breakdown – Week of May 16, 2022 Share Quick Highlights Futures are modestly lower on disappointing Chinese economic data and India’s ban on wheat exports. Chinese Industrial Production fell by -2.9% vs. (E) 0.5% and Retail Sales plunged -11.1% vs. (E) -6.6%, underscoring the economic damage from the COVID lockdowns. Geopolitically, India’s ban… Continue reading Financial Market Breakdown – Week of May 16, 2022
