Category: Morning Report

Weekly Report Nov 2nd So the markets loved what Jerome Powell, Fed Chairman, had to say after the Fed meeting and taken it that the Fed are going to be done with raising rates. That’s it, they’re finished. And consequently, we saw. A collapse in bond yields, 30 years now back close to 4.75%! And […]

WEAKER PPI YESTERDAY REDUCED THE CHANCE EVEN FURTHER OF MORE HIKES BY THE FED, WHILE BOTH JPM & WELLS SHOW BETTER 2Q EARNINGS, EVERYTHING IS AWESOME

AFTER YESTERDAY’S CPI, IT LOOKS LIKE THE FED HAS WON THE FIGHT AGAINST INFLATION AS THE END OF THE RATE HIKE CYCLE IS NIGH

QUIET SUMMER TRADING AS WE AWAIT CPI TOMORROW WHICH WILL HELP THE FED DECIDE WHETHER IT PRUDENT TO RAISE RATES YET AGAIN AT THEIR JULY MEETING

AFTER A MUCH STRONGER ADP JOBS REPORT YESTERDAY, LOOKING FOR MORE OF THE SAME FROM TODAYS NFP NUMBER, WHICH WOULD CERTAINLY PRODUCE A FURTHER HAWKISH TONE FROM THE FED

WEAKER PMI DATA OUT OF CHINA AND EUROZONE SEND STOCKS WEAKER AS WE AWAIT THE FED MINUTES TO GAUGE IF MORE RATE HIKES ARE COMING

CENTRAL BANKERS HAVE DONE A GREAT JOB OF RAISING RATES AND NOT HOPES, BUT THAT HASN’T DETERRED INVESTOR CONFIDENCE IN STOCKS

FED CHAIRMAN POWELL INDICATED THAT THERE COULD BE 2 MORE RATE HIKES BEFORE THE END OF THE YEAR, BUT THE STOCK MARKET DIDNT SEEM TO CARE MUCH AS THE S&P HOLDS ABOVE THE 4400 LEVEL

US CONSUMER CONFIDENCE IS ON THE UP, DESPITE MANY HEADWINDS THE BELIEF IS THAT WE ARE WINNING THE FIGHT AGAINST INFLATION

SIDEWAYS MARKETS AS INVESTORS SHRUG OFF THE RUSSIAN REBELLION WHILE THE PROMISE OF MORE STIMULUS IN CHINA DIDN’T HELP WORLDWIDE CONSENSUS THAT RATES WILL STAY HIGHER FOR LONGER