Weekly Briefing

An important week, with the Jackson Hole economic symposium at the top of the interest of the market participants. The Fed seems determined to bring down inflation – the markets got scared on Friday afternoon. Will the trend continue next week? Probably. The FED is Serious…So He Says! Video: Federal Reserve Chairman Jerome Powell speaks […]

This week and the rest of the month aren’t expected to bring big news. Market feeling is mixed. The bear market rally seems to be running out of energy, and another descend may occur from September onwards, if recession is confirmed and if the FED signals more tightening. EU Inflation Source: CNN Annual inflation in

This week the market’s expectations have been confronted with the reality of job growth in the USA, high inflation numbers coming out of the UK and a pessimistic view of the future by the Bank of England. The bear market rally may have halted or cooled down for now. Will the FED signal additional large

 WEEK IN REVIEW   US GDP and Recession? Yes/No/Maybe   Source: Trading Economics   The American economy shrank an annualized 0.9% on quarter in Q2 2022, following a 1.6% drop in Q1 and technically entering a recession, the advance estimate showed. Most investors were expecting a 0.5% growth although some were betting on a negative

Taking a look at the charts, together with the macroeconomic scenario, it is hard not to forecast the beginning of another selling frenzy soon… Next week we’ll have developments regarding the natural gas markets in Europe, and GDP data coming from the USA and EU. As usual, the big cap and most volatile stocks may

 WEEK IN REVIEW   UK Inflation   Source: Trading Economics   The annual inflation rate in the UK increased to 9.4% in June of 2022 which is the highest rate since 1982 and slightly above market forecasts of 9.3%. The biggest price pressure came from the cost of motor fuels which increased at a record

WEEK IN REVIEW   US Inflation   Source: Trading Economics   The annual inflation rate in the US accelerated to 9.1% in June of 2022, the highest since November of 1981, from 8.6% in May and above market forecasts of 8.8%. Energy prices rose 41.6%, the most since April 1980, boosted by gasoline (59.9%, the