US Rate cycle, cheapest investment funds
Day Ahead… Jay Powell’s early Christmas gift has certainly been welcomed by markets with the US rallying to close >1% firmer overnight. The positivity has filtered through into Asia with HK, Auz & the Kospi all trading >1% firmer. The ECB, BOE and SNB are all expected to stand firm today, like the Fed, with markets focused […]
Morning coffee 12.12.23
US Wrap… SPX: +0.39% NDX: +0.85% INDU +0.43% ESA: +0.05% US markets kicked off the new week on the front foot after a choppy start to the trading session, as investors brace for key economic data and the Fed’s last interest rate decision for 2023. Monday’s gains on the S&P 500 index seem to have largely […]
Morning Coffee 4.12.2023
Where are the opportunities in equities? – some thoughts from Natixis fund managers (click on link below) US Wrap… SPX: +0.59% NDX: +0.31% INDU +0.82% ESA: -0.15% US equities finished the week off on the front foot notching their longest winning streak since June following last months blistering rally, as shares of interest-rate sensitive Big Tech companies […]
Morning Coffee 1.12.2023
US Wrap… SPX: +0.38% NDX: +1.47% INDU -0.25% ESA: -0.09% US equity markets marched higher with a late rally to close the month of November off in the green. The S&P 500 index delivered its best month in over a year on a $3 trillion surge thanks to a recovery in Big Tech. Software stocks got a […]
Morning coffee 30.11.2023
US Wrap… US WRAP… SPX: -0.09% % NDX: -0.14% INDU +0.04% ESA: +0.16% US equities gave up early gains on Wednesday to finish modestly lower as Big Tech shares pulled back following a historic November rally. Cleveland Fed President Loretta Mester signalled she would support continuing to hold rates steady at the December meeting, to assess whether […]
Morning Coffee – 29.11.2023
US Wrap… SPX: +0.10% NDX: +0.30% INDU +0.24% ESA: +0.16% US markets nudged marginally higher overnight after oscillating between gains and losses for most of the trading session. Chipmaker shares came under pressure after the largest maker of computer memory semiconductors in the US warned of higher expenses. The Philadelphia Stock Exchange Semiconductor index dropped 0.6% as Micron […]
Morning Coffee 28.11.2023 (US REITS)
Day Ahead… The theme looks set to continue with the US having a fairly mundane start to the new week on muted volumes. With little news flow & economic data global markets seem to be consolidating into month end. Positive momentum looks set to continue in the gold mining space as the gold price nudges higher in Asia […]
Morning Coffee 27.11.2023
Top News: U.S. stocks closed higher on low volume trades… Companies: Novo Nordisk planning to boost production… Theme of the day: Chinese company profitability… rose at a much slower pace in October than the prior month as deflationary pressures persisted, suggesting the economic recovery remains fragile in the final stretch of 2023. Industrial profits increased 2.7% from a year ago. […]
WPP is well placed for a bull market boost
There are no shortcuts to investment success. While some investors may try to time the stock market by trading shares on a short-term basis, ultimately a long holding period is required to allow compounding to work its magic. Clearly, a long-term investment approach is easier to contemplate in theory than it is to put into practice. And it […]