Why did Japan’s interest rate hike have such a big impact on the U.S. stock market?
Earlier this month I discussed the stock market chaos that led to a sharp drop in prices. I mentioned that Japan’s decision to raise interest rates played a part in this, but how? This episode I’m diving into Japan’s long history of deflation and its impact on the U.S. stock ... Show More
Aug 2024
More US stocks rose than fell, even as Nvidia dropped
Nvidia did not meet lofty earnings expectations and its stock fell 6%, while revised Q2 US GDP figures beat expectations at 3%, meaning more stocks rose than fell on the S&P 500. US Treasury yields rose on the better economic data, although Treasuries are on track for a fourth mo ... Show More
14m 12s
Jul 22
US stocks hit a new record - despite trade unease
The US stock market reached new heights, driven by the strong performance of several of the top tech giants, but the broader market failed to follow suit. Meanwhile, government bond yields declined across the board as the deadline for President Trump's trade negotiations, set for ... Show More
12m 34s
Mar 2025
The week begins on a risk-off note
US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs has i ... Show More
12m 22s
Oct 1
Washington shuts its doors
September saw strong gains across markets, with the S&P 500 up 3%. Hong Kong outperformed, rising 7%. Gold hit multiple highs and credit spreads narrowed to multi-year lows. Yesterday, healthcare rallied after Pfizer announced discounted drug sales via a new government platform. ... Show More
12m 22s