Bassanese Bites: Powell & payrolls – March 04 2024
Global markets US stocks continued to grind higher last week following a key inflation report that was no worse than expectations. Optimism around the Q4 earnings reporting season also helped as did ongoing euphoria around AI. Bond yields eased a touch and the $US remained steady. …
FNArena’s Weekly Insights – February 26 2024
In this week's Weekly Insights: Week 3: Not As Good, But Not Bad By Rudi Filapek-Vandyck, Editor As the local corporate results season went through its third week, it became obvious the heavy skew towards positive surprises could not be maintained. As it turned out, the busiest week of …
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 …
FNArena’s Weekly Insights – February 05 2024
In this week's Weekly Insights (the first in 2024): -All-Weather Model Portfolio -Rudi Unplugged -February Trepidation By Rudi Filapek-Vandyck, Editor Weekly Insights returns with a bang this week, as too much material forces me to publish this week's update in two separate parts. The story below is best read in conjunction …
Bassanese Bites: RBA circus – February 05 2024
Global markets The US S&P 500 rose further last week – the fourth weekly gain in a row and a new record high – and remains in a strong uptrend. US bond yields edged lower last week after a mini-move higher in previous weeks, as markets …
Bassanese Bites: CPI test ahead – January 29 2024
Global markets* My last Bassanese Bites blog of last year was on Monday 18 December. At the time, I expressed hope that the ‘soft landing’ scenario for both the Australian and global economy appeared increasingly possible for 2024 – indeed, Fed chair Powell was close to popping …
Bassanese Bites: Festive Fed – December 18 2023
Global markets Bond and equity markets surged last week after a surprise dovish pivot by the US Federal Reserve. US 10-year bond yields dropped a lazy 0.32% to 3.91%, while the S&P 500 popped 2.5% higher. The $US also dropped 1.4%, helping the $A rise to …
