Category: Closing Report

So initial reaction was positive to the headline CPI having a “4” handle in it, but it seems like we could be winding up for a move if you believe the rates market

Where are rates going? Will it be inflation or the debt limit/credit crunch that sways the Fed’s decision making process?

the key events this week are US CPI (Wed) and BoE (Thurs), accompanied by any Fed speak as participants try to figure out what is going to be the next move in rates, with conflicting views in the market Vs the FED

Yet another surprise to upside, a strong NFP number helped stocks surge

banking issues continue to expand, debt ceiling crisis looms, yield curve implying a chance of a turnaround and cut in rates at the next meeting!!!

FED raises rates 25bp, as expected and nobody really cared and yet the market still prices in a cut by September

"Sell in May and go away" is looking like a good piece of advice at the moment! DONT LOOK UNDER THE HOOD!! Banks get trounced again

Well that was not worth the price of entry….while the rest of the world was on holiday we didnt have the most exciting day, but we have the FED decision to look forward to!!

Cant keep a good stock down! After initially opening lower the stockmarkets continued its march higher into month end, still seems to be a disconnect between FED rhetoric and the cuts that the markets are looking forward to once the FED officially crash the economy

First Microsoft, then Alphabet and now Meta, everything is coming up roses!!!!