Market Commentary Library

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Busy busy busy, and is the US economy feeling a slight chill?

Last week’s US economic data dump probably did not do anything to change the view of many in the investment community about...

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Out with the old, in with the new

Thursday’s end-of-month US data deluge can quickly be summed up as pretty much in line with expectations, which usually reassures capital markets...

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Feeling under the weather, head to America

The S&P has risen for 15 of the past 17 weeks, the longest period since 1989, apparently. The last time we had...

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The week ahead

Ahead of Nvidia results, it rather felt the S&P 500 was running a little out of steam, or it may have been...

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What to do, what to think

And here is the news today. Nvidia blew the lights out on Wednesday, adding legs to another stock and tech market rally....

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Chips with that, oh yes please

Whilst we wait on the minutes of the last Fed meeting and Nvidia’s results later today, there has been a general bout...

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US large cap starting to get altitude sickness?

Traders are starting to bring back their expectations for the Federal Reserve to cut interest rates this year as there are signs...

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Why is America bucking the trend?

Aside from all the headlines surrounding inflation and what central banks might do with interest rates, what is more, interesting this week...

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Prices what prices

The notion that US inflation rates were on a steadily downward trend back to the Fed’s 2% target took a knock-on Tuesday...

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What was and what is to be

It was another good week for tech and a better week for US midcaps as the S&P 500 continued to push higher....

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Onwards and upwards tally ho

The S&P 500 continues to push on, hitting another big figure change, 5000, if only briefly recording its 9th record close this...

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“It’s a wonderful thing to be optimistic. It keeps you healthy and it keeps you resilient.”Daniel Kahneman

Stock markets continue to creep higher, enjoying the generally supportive economic backdrop of a resilient consumer, strong employment, and an uptick in...

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And the beat goes on still moving strong on and on

Apparently, the US economy remains in rude health after last Friday’s jobs report which reported 355,000 jobs were created in January, twice...

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For those old enough to remember, TWTWTW

We now know the Fed is not apparently in any hurry to cut interest rates, even bringing into question whether May is...

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“There is a wisdom of the head, and a wisdom of the heart”. Dickens

May you live in interesting times, derived from a Chinese phrase referring to times ironically to indicate a period of chaos or...

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A good test this week for the bulls

It was another decent week for stocks in particular; it was a strong week for UK shares for no real specific reason....

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Whisper it, but could the UK be on the up?

Cut to the chase: the latest US inflation figures would indicate the inflation dragon has been slain. For the second quarter in...

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“We’re On The Brink Of Adventure. Don’t Spoil It With Questions”.

I know I go on about this, but there feels a real disconnect in the world today; strategists are undeniably bullish, and...

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Chips with everything

After a shaky start to the year, Wall Street has managed to regain its poise, dragging itself kicking and screaming to a...

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Chips spice up any meal

Another week, another bill in Congress to avoid a Government shutdown, well it feels a bit like that anyway. Neither party will...

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More fun at the fair

There was a bit of something for everyone yesterday: economics, politics, geopolitics, and earnings.  In the end, yesterday, equities ended lower; bond...

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Just woke up its a busy week

This week saw the losses of the first week of 2024 erased as the S&P 500 breached and then retreated from its...

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Earnings, inflation, Bitcoin and geopolitics more fun at the fairground

I guess it’s safe to say the much anticipated Consumer Price Report released on Thursday was a tad disappointing as it seemed...

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Nothing is ever as simple as it seems

Start of 2024 stock and bond markets are not sure what to do, at present hanging onto the belief that a “soft...

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Markets start the week on the back foot

The first down week for US stocks in nine as the pendulum of investor sentiment swung the other way, as this week’s...

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Ring Ring its 7am, move yourself to go again

So goes the first week and the year, so they say. I’m unsure how reliable that saying is, although I am sure...

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Happy 2024 everyone, let the fun begin

Having taken the Christmas break off, we are back and starting another year, over ten years of writing these reflections on the...

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A Merry Christmas One and All

This past week was another good one for US stock markets as investors look forward to the year ahead; as for Europe,...

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So here it is Merry Christmas, everyones having fun, look to the future now it’s only just begun

We often labour the point of what sort of economic news is good news for stocks. Bad economic news can sometimes be...

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Stocks continue to drift higher, bonds slightly more cautious

It would appear that, at present, any news is good news for stock markets; US stocks are on track for their 7th...

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The three wise men meet a little early

The much anticipated US jobs report on Friday, which came in slightly stronger than expected saw different reactions from equity and bond...

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Work all day, sleep all night

This past week could be described as one where equity markets consolidated the gains made over the past several weeks, and bond...

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Time for the crystal ball to be dusted down

The phrase bad economic news is good news for stocks held true again yesterday as another employment report, indicating further weakness in...

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It’s beginning to feel a lot like Christmas

Last week finished with a good old-fashioned “beta rally.” All the stuff that had been lagging the year so far was in...

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There may be trouble but lets face the music and dance

Having spent the previous three months under something of a cloud, the sun shone on capital markets in November as all asset...

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“Spend each day trying to be a little wiser than you were when you wake up.” Charlie Munger

As the sad announcement was made yesterday that Charlie Munger, Warren Buffet’s right-hand man over many years, passed away at the age...

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A busy week ahead for economists

As is always the case for Thanksgiving, America takes most of the week off and the Rest of the World uses the...

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A fourth week of gains on the cards

Wall Street closed for Thanksgiving and so for the most part do the rest of the trading markets. With half a day’s...

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No one likes an I told you so

I was kindly reminded this week that about 6 weeks ago I wrote a piece, with the rhetorical question.“ Why am I...

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Fingers crossed we give thanks for the Autumn Statement

The third positive week on the trot for global equities, helped this week by inflation reports that further encourage investors to believe...

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That is just the way it is

I was asked yesterday what’s the bear case for equities, now the inflation genie looks like it’s back in the bottle. I...

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“There no such uncertainty as a sure thing” R Burns

A better-than-expected inflation report from the US extended the recent rally in stocks, and bonds, the US dollar had its worst day...