Category: Morning Report

recession and banking panic put aside for the moment as apple report better than expected earnings, but we have NFP today to look forward to

markets can remain irrational longer than one remain solvent- John Maynard Keynes

Today is the day, on one hand you have inflation and the other a potential banking & debt ceiling crisis, what will the FED do?

subdued opening as Europe comes back from holiday and we look forward to the rate decision from the FED tomorrow as the S&P sits delicately poised at the top of its recent range

As most of the world is on holiday today, expect a quiet session, even after First Republic’s failure and subsequent take over by JPM,but we do have the FED to look forward to on Wednesday

GOOD EARNINGS- CHECK! ✔️ECONOMY TANKING- CHECK!✔️ LOOK TO CUT RATES NEARLY AS SOON AS YOU’VE FINISHED HIKING- DOUBLE-CHECK!!✔️✔️

Fairly quiet markets unless you own Meta shares in which case, its happy days again! Meta is up over 11% after fantastic earnings with potential for more growth going forward!

In the Morning Minute financial report today European bourses weaker after yesterday’s rout in the stockmarkets but US markets are buoyed by strong earnings out of Microsoft and Alphabet, but it certainly feels like a bit of a "dead cat bounce"

In the Morning Minute today Regional bank jitters return after First Rebublic showed $100m of outflows last quarter while UBS showed what a mess CSFB purchase was too