A quick report this week - my Golf Club Championship demands my participation! Interest rates keep rising The 10-year US Treasury yield hit a 16-year…
Victor Adair19 August 2023
Stock market sentiment took another step away from "irrational exuberance" this week I wrote in the July 22 TDNotes: I’ve been skeptical of the “Magnificient…
Victor Adair6 August 2023
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
A turning point in sizzling tech stocks? On Tuesday, MSFT announced plans to invoice corporations for employees using Microsoft AI. Within an hour; the share…
Victor Adair22 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