Summary: The week was marked by the release of the Consumer Price Inflation data in the US. The stock markets remain on a slightly positive note, while investors await the results of this earnings season and the FED decision and speech early next month. The annual inflation rate in the US slowed for a sixth […]

Summary: Happy new year and welcome to the first trading week. A worldwide recession is being forecasted by almost everybody. Some still believe in a soft landing. But nobody really knows. So we’ll stay in tune with the news and make our best investments and bets, carefully. December FED minutes were released, and the aggressive

Summary:     A relaxed week, without any big developments on the geopolitical or economic fronts. No rally in the stock markets (the so-called Santa Claus Rally) and low volume as expected for this time of the year.     The next months will be key in revealing the terminal FED funds rate. Then, we may get

Summary:     Argentina won the Football World Cup 2022. (Source: The New York Times)     Former FTX CEO Sam Bankman-Fried went to jail in the Bahamas and then was extradited to the US. (Source: The Guardian)     CFPB ordered Wells Fargo to Pay $3.7 Billion for widespread Mismanagement of auto loans, mortgages, and deposit accounts

Summary:     On Tuesday, the annual inflation rate in the US showed signs of slowing down, for a fifth straight month to 7.1% in November of 2022, the lowest since December last year, and below forecasts of 7.3%. The markets rallied after such good news.     However, on Wednesday, the Federal Reserve raised the fed

Summary:     The ISM Services PMI was released and the number was higher than last month (56.5 in November of 2022, vs 54.4 in October). Business activity increased faster (64.7 vs 55.7) and employment rebounded (51.5 vs 49.1), prompted by a new fiscal period and the holiday season. Also, price pressures eased (70 vs 70.7),

Summary:     Well…the markets continue confused and the economy continues to slowly slow. In a conference this week, J. Powell said that the FED funds rate rises are going to slow, in order to evaluate the effects of recent rate hikes on the system. Thus, a 0.5% increase in December is to be expected. The

Summary: Durable goods orders in the US which measure the cost of orders received by manufacturers for goods that meant to last at least three years, jumped 1% month-over-month in October of 2022, following a downwardly revised 0.3% increase in September and beating market forecasts of a 0.4% rise. It is the biggest rise in

Summary: Retail sales in the US surged 1.3% month-over-month in October of 2022, the strongest increase in eight months, after a flat reading in September and beating market forecasts of a 1% gain. Sales at motor vehicle dealers were up 1.3% as supply chain constraints have been easing while rising gasoline costs pushed sales at

Summary: This week’s highlights were the US midterm elections, the CPI report and the FTX crypto exchange bankruptcy. The annual inflation rate in the US slowed for a fourth month to 7.7% in October of 2022, the lowest since January, and below market forecasts of 8%. It compares with 8.2% in September. Compared to the

Summary: This was another exciting week, with the release of important numbers regarding the economic and financial situation. Monday and Tuesday everybody was awaiting for the FED decision (FOMC meeting) regarding the FED funds rate increase and, most importantly, the president speech and its tone regarding future monetary policy. The 0.75 % rate increase was

Summary: This week the UK gained (another!) new prime minister (let’s see how that goes), and Twitter (the bird) has been freed! In China, Xi has renewed his mandate, with key elements of the CCP on his side. Despite some of the bad news during this earnings season (META and Amazon, for example), the markets

Summary: Another agitated week! Liz Truss went away, together with her minibudget, due to lack of credibility. The bond markets are stressed, with real rates increasing around the world. The economic outlook for next year remains gloomy. China gets its own paragraph. The BIG CCP meeting has been ongoing, and we are waiting for a

  Summary: The week was agitated. The instability of the UK bond market and government, the still-hot inflation, the big market swings… What a week. We can only hope that after the next FED meeting (or the US elections) things get a bit clearer, because right now the markets seem range bound and with aggressive