The Knock-On Effect #3 - Crude Oil Boom, Craft Beer Gloom

U.S. equities were flat today as investors weigh dual uncertainties: earnings season and a potential recession. Meanwhile, energy and interest rates both closed in the red, and business conditions con...

24 Jan 202337min

The U.S. stock market rallied to start the week, with the Nasdaq Composite leading the way after a slew of job cuts from major tech companies entering earnings season. Both the Nasdaq and the S&P 500 ...

23 Jan 202337min

Turkey has been the best-performing equity market in the world in dollar terms in 2022. Meanwhile, the Mexican peso and the Brazilian real have been among the strongest currencies against the buck thi...

22 Jan 202354min

In the inaugural episode of Steno's Signals, Andreas walks us through why inflation will fall fast in the first quarter of this year, why that might not be a broad-based sign to buy equities—especiall...

21 Jan 202324min

Stocks rallied back on Friday but are still down on the week as another large round of job cuts hits the technology sector. In today’s extended version of the Daily Briefing, Jared Dillian joins Maggi...

20 Jan 202334min

Stocks extended yesterday’s slide after lower-than-expected U.S. weekly jobless claims this morning suggested a still-resilient labor market. Meanwhile, December housing starts slowed less than foreca...

19 Jan 202339min

U.S. equities gave back this week’s gains as investors try to parse producer-side deflation, the probability of recession, and the Bank of Japan’s decision to leave its yield curve control policy unch...

18 Jan 202340min

U.S. equities began the week choppy as Goldman Sachs and Morgan Stanley both reported steep profit losses in Q4 2022. Banks see a recession coming, but does the rest of the market agree? Ash Benningto...

17 Jan 202333min