It was Central Bank Week The FOMC met on Wednesday and raised 25 bps as expected, with markets now pricing a ~30% chance of another…
Victor Adair30 July 2023
Weaker-than-expected CPI ignited a risk-on surge across currency, credit and equity markets "A man hears what he wants to hear and disregards the rest." Paul…
Victor Adair16 July 2023
Real and nominal interest rates surged higher this week Interest rates across Europe, Canada and the US rose this week, with yields on the long…
Victor Adair9 July 2023
An Apple a day keeps the bear away AAPL surged to new All-Time Highs on Friday, up ~56% from its January lows. The market cap…
Victor Adair2 July 2023
Soaring stocks "pause" AAPL closed at new All-Time Highs this week, but many other stocks and the leading indices took a "pause." Perhaps there was…
Victor Adair24 June 2023
Central banks are determined to get inflation down The Fed and the ECB reminded markets again this week that they are determined to slow inflation,…
Victor Adair18 June 2023
The S&P and the Vanguard Total Stock Market ETF (the VTI) made new highs for the year this week The S&P is up >22% from…
Victor Adair10 June 2023