Bassanese Bites: Consolidation – February 26 2024
Global markets US stocks bounced back last week after a small inflation related dip the previous week, with the S&P 500 gaining 1.7%. Bond yields and the US dollar were broadly steady. …
FNArena’s Weekly Insights – February 19 2024
In this week's Weekly Insights: More Winners Than Losers In Mid-February By Rudi Filapek-Vandyck, Editor Reporting seasons in Australia have become a second half (of the month) tsunami affair and by this time twelve months ago the FNArena Corporate Results Monitor had already covered close to 100 …
Bassanese Bites: Price shock – February 19 2024
Global markets Just as Glenn Close shockingly sprang back to life in the climatic final scene of the movie Fatal Attraction, so it seems that US inflation could be rearing back into view. That’s the ghastly fear that’s now stalking Wall Street. Wall Street’s 5-week winning streak …
Bassanese Bites: CPI hurdle ahead – February 12 2024
Global markets The US S&P 500 rose further last week – the fifth weekly gain in a row and a new record high, closing above the psychological 5,000 level. It remains in a strong uptrend. US 10-year bond yields ticked up from 4.02% to 4.17%, however, and …
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