Equity indices see a general risk off week, though net price action ends up pretty flat for many. September US CPI levels now above pre-lockdown highs, while US Initial Jobless Claims comes in higher then expected at nearly 900k. 10 year benchmark yields drop on the week. Federal budget deficit largely unchanged from August. In … Read more
Bullish week for equities as most indices end on gains. Initial claims in the US basically unchanged at 840k on the week, up from 837k. 10 year Treasuries looked like it was going to make gains on the week but renewed demand on Friday, ending up unchanged from Monday levels. Lagged dollar index levels confirm … Read more
Many global equity indices see a risk off week. S & P 500 had an up day on Monday, but was back where it started back Friday. In US macro, initial claims decreased by 40k, less than expected. Headline news was the jobs report which came in light with just 660k jobs created, vs ~800k … Read more
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