Financial Market Breakdown – Week of August 8, 2022 Share Quick Highlights Futures are slightly higher thanks to solid Chinese economic data and following a mostly quiet weekend. Chinese exports rose more than expected (18% vs. (E) 14.1%), helping to slightly improve global economic sentiment. Politically, Senate Democrats passed the Inflation Reduction Act over the… Continue reading Financial Market Breakdown – Week of August 8, 2022
Financial Market Breakdown – Week of August 1, 2022 Share Quick Highlights Futures are slightly lower as markets digest last week’s big rally and following generally disappointing European economic data. Data from Europe underwhelmed as German Retail Sales plunged – 9.8% vs. (E) 7.5%, the biggest annual drop in 40 years. The July EU and… Continue reading Financial Market Breakdown – Week of August 1, 2022
Market Update – Q2 2022 Share High Inflation and Rising Interest Rates Result in the Worst S&P 500 Performance in Decades. The S&P 500 continued to decline in the second quarter, hitting the lowest level since December 2020 as still-high inflation, sharp increases in interest rates, rising recession risks, and ongoing geopolitical unrest pressured stocks… Continue reading Q2 Market Update
Financial Market Breakdown – Week of July 25, 2022 Share Quick Highlights Futures are modestly higher as markets bounce from Friday’s declines, following a quiet weekend and as investors look forward to numerous important catalysts this week. Chinese authorities are considering some restrictions on movement in Shanghai as COVID cases rise but are still resisting… Continue reading Financial Market Breakdown – Week of July 25, 2022
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
