S & P 500 ends week on a rally but levels largely unchanged from start of the week. Many global equity indices show uncertainty on the week as well. US initial jobless claims rose back above expectations with 860k new claims. Benchmark treasury yield range tightening after a volatile August and September. Latest Dollar index … Read more
Most major equity indices saw a risk off week. S & P 500 posted mid week gains that evaporated by Friday. Federal Reserves announces low rate environment until 2023. In the US, jobless claims dropped by 24k to 860,000. Benchmark Treasuries yields increase on the week. Dollar indices down on week but bullish momentum still … Read more
S & P 500 struggles to go anywhere this week, however we do see bullish momentum in several global equity indices. August CPI levels in the US seem to have recovered to pre-pandemic levels. Initial claims higher than anticipated at 884k but stays below 1 million for the second week in a row. Federal budget … Read more
S & P 500 ends week in selloff, while FTSE 100 continues its nearly month long decline. Nikkei and DAX end relatively flat. US initial claims dropped to 880k, with 1.4 million jobs added back and unemployment falling to 8.4%. Benchmark Treasury yields flatten again. US Dollar value back to devaluation. US real estate loan … Read more
S & P 500 goes on a renewed tear this week, while other global equity indices show more of a mixed a bag. The FTSE 100 in particular has seen 2 weeks of continued declines. In the US, initial jobless claims stay just above 1 million claims for the week, and news of layoffs were … Read more
Most global equity indices give up some gains but S & P 500 holds relatively steady. Jobless claims swings back above 1 million. Benchmark Treasury yields dip back down. Dollar drops on the week as well. Real estate continues to be healthy, with both New Building Permits and US Real Estate Loans continuing on uptrends. … Read more
S & P 500 continues its run, threatening to hit new highs throughout the week, but equity performance on the week is mixed globally. In US macro, CPI continues to rebound and initial claims drop below 1 million for first time since pandemic. 10 yr Treasuries shows a heartbeat as well. Dollar decline slows in … Read more
Global stocks recover from the risk off mood that took hold in the last week of July. S & P 500 stays in line, inching higher day over day. Initial jobless claims drop to the lowest levels since the pandemic, but still remain above 1 million. Dollar continues to weaken despite lower M2 levels continuing … Read more
US equities manage to gain despite steep declines in global equity levels, creating a visible divergence in markets. Second quarter GDP numbers contract by 32.9 percent, the worst contraction in the history of the report. Initial jobless claims posts a slight increase for the second straight week since April. Dollar continues to depreciate against basket … Read more
Equity markets end the week in sell off on poor economic data. In the US, initial jobless claims rose for the first time since the start of April, perhaps reflecting a resurgence of caution following poor re-openings in several states. 10-year Treasury rates have hit record weekly lows, and short term yields are so low … Read more