Markets in 5 Charts – Week Ending 3/10/23

Upcoming Data Releases:

Weekly Headlines:

China’s Two Session’s culminates in a 5% growth target for the year, lower than some economists predicted. Two days of FED testimony sent rate expectations higher. We end of the week off with a government takeover of Silicon Valley bank, which becomes the second largest bank failure in US history. This overshadows a second set of hot jobs data, with Nonfarm Payrolls coming in at 311K vs 205K consensus.



We see lower equity markets but a rally in bonds. Commodity prices down in tangent with equity move.

USD rolls over again ex the USDMXN.

Gold creates new recent high.

Yield curve inversion steepens.

Spreads move higher.

Leave a Comment