March 16, 2023 European stocks up around 1-2%/US stocks surge=S&P500 up 1.8%, Nasdaq up 2.5%, Dow up 1.2%/Asian stocks mixed. Interest rates spike=10-year U.S. Treasury note 3.580% (+11.4 basis points), Bund 10Y up by 0.163 to 2.288%
March 15, 2023 European stocks up +3%, US Stocks are mixed=S&P500 -0.70%, Nasdaq +0.05%, Dow -0.87%, Asian stocks mixed Bond rates ↓ plummet = 10-year Treasury note 3.474% (-21.7 basis points) Oil prices ↓ plummet = $67.61 per barrel WTI (-5.2%), USD = +1.11% *Key points
Great Minds | Market Comments: Ray Dalio + Roubini + Summers. Hi All, Today, I wanted to create a separate special 'great minds' edition re: commentary on recent markets - namely, Ray Dalio, Nouriel Roubini, and Larry Summers. *Ray Dalio posted 'What I Think About the Silicon Valley Bank Situation' on LinkedIn today. He compares the SVB'
March 14, 2023 *Market snapshots Stocks↑=S&P500 +1.65%, Nasdaq +2.14%. Bond Rates↑=10-year U.S. Treasury note 3.678% (+10.1bp) Oil Price↓=WTI $71.33 per barrel (-4.64%) *Key points 1. Post-SVB 2. US February CPI 3. Fed’s next move: So, what does this
Explainer | SVB Collapse Explained Hi All, Today, I wanted to have a special edition on SVB as I am sure you've been inundated with related news. I. Executive Summary: What happened? SVB, a US bank specialized in venture capital and startups, collapsed after failing to raise $2.25Bn to finance its balance
Global Markets Recap - Week of March 6, 2023 1. What Moved the Markets? Europe Shares in Europe experienced a decline in response to global market worries about stress in the banking system and potential prolonged elevated interest rates. The pan-European STOXX Europe 600 Index ended 2.26% lower in local currency terms, with major stock indexes such
March 10, 2023 - US Market Shortly after the jobs report was released, interest rates in the New York bond market fell sharply and the dollar fell as well. The probability of a 50-basis-point hike in March fell to the low 30s on the Chicago Mercantile Exchange (CME) FedWatch market. Stock index futures, which