26 Sep 2022 - Friday’s fireworks on financial markets - especially bonds and currencies - drove another day of falls to cap a brutal week for investors. A majority of equity investors have now adopted the view that a hard landing scenario is inevitable and their focus is on the timing, magnitude, and duration of a potential recession and investment strategies for that outlook.
21 Sep 2022 - Stocks were lower on Tuesday as investors braced for another large rate hike due out Wednesday from the Federal Reserve. Yields on US government debt on Tuesday reached their highest level in more than a decade as the Fed’s two-day policy meeting began.
20 Sep 2022 - Stocks closed higher on Monday in a volatile trading session ahead of the Federal Reserve's two-day policy meeting slated to kick off Tuesday. Rising yields now presents investors with an alternative, the gap between the S&P 500’s earnings yield and the returns from cash or high-grade, shorter-duration corporate bonds has narrowed significantly lately.
19 Sep 2022 - Stocks fell Friday as Wall Street wrapped up one of its worst weeks in months and traders reacted to an ugly earnings warning from FedEx about the global economy. The fall in FedEx shares was felt across the market as the company’s CEO announced he expects that the global economy is heading for a recession.
16 Sep 2022 - Valuations now are right back where they were in late 2019 however the environment was vastly different then. CPI inflation was about 2 per cent; now it’s about 8 per cent. Ten-year rates were 2 per cent, not today’s 3.5 per cent. All these contrasts should argue for a lower market multiple today than in 2019 - inflation, with its accompanying volatility and uncertainty, should compress multiples.
15 Sep 2022 - US equities were mostly higher in fairly choppy Wednesday trading. In the US the pace of EV battery integration is growing rapidly. Since President Biden took office, companies have invested nearly $85 billion in manufacturing of electric vehicles, batteries and EV chargers in the United States.
14 Sep 2022 - Stocks plummeted and US government bond yields soared on Tuesday, as fresh data undermined investors’ bets on the persistence of inflation and how much the Federal Reserve will need to raise interest rates to combat it.
13 Sep 2022 - US equities were higher in uneventful Monday trading, ending just off best levels. S&P and Nasdaq both up for a fourth-straight day, extending last week's rally that broke three-straight weekly declines.The market was fairly quiet from a headline perspective, with focus tightly on tomorrow's August CPI report and expectations for a month on month headline decline.
12 Sep 2022 - US equities were higher in Friday trading, finishing just off best levels. Each of the major averages were up more than 2.5 per cent for the week and snapped a big three-week losing streak during which S&P lost nearly 8.5 per cent. This week, data wise we have the US Consumer price Index for August on Tuesday and the Producer Price Index a day later, along with US retail sales.
09 Sep 2022 - Stocks rose Thursday after moving between gains and losses as Wall Street weighed Federal Reserve Chair Jerome Powell’s comments. In China, a record drought crippled economic activity across the southwest, freezing international supply chains for automobiles, electronics and other goods that have been routinely disrupted over the past three years.
