The past week turned out to be quite eventful with various fundamental events. The main thing, of course, was the inauguration of Biden and the expectations of the markets for the implementation of his plan to help the US economy in the amount of $1.9 trillion. On Tuesday, before the inauguration, the future head of the US Treasury, Jannette Yellen, spoke in...
Yesterday can be called the day of the Central Banks: Bank of Japan, ECB and even the Bank of Turkey. Since all the above-listed central banks left their monetary policy parameters unchanged (as the markets expected), we did not see any serious price movements yesterday. In general, oddly enough, the main intrigue was around the Bank of Turkey. The fact is that...
The earnings season in the US continues to gain momentum. And with rare exceptions such as Netflix (stocks literally skyrocketed by 15% yesterday), we see a similar picture: good financials come out, but the stock not only does not grow, but even declines. One of the explanations for this is the fact that stocks are very overvalued and it is physically much easier...
Yesterday was filled with optimism and joyful expectations. Expectations of money, a lot of money. In this light, the speech of the future head of the US Treasury, Jannet Yellen, in Congress caused increased interest. In fact, the former head of the Fed was supposed to present Biden's plan for a new stimulus package, which the he announced last week. What she...
Yesterday was a holiday in the United States, so it was calm in the financial markets, and nothing extraordinary happened in the fundamental background. The main news of the day can be considered the publication of China's GDP for 2020. An increase of 2.3% against the background of the GDP drop in the overwhelming majority of other countries is a clear positive....
The main events of the past week include the second impeachment of Trump, as well as the stimulus package from Biden. Trump wanted to make a history; Trump made history. Not as the man who made America great again. But as the first, against whom the impeachment procedure was initiated twice. House of Representatives voted in favor of this on Wednesday. Now it's up...
Yesterday Biden announced his vision for a new stimulus package for the US economy. The sum is $ 1.9 trillion. Financial markets took this news rather coolly and as atypically as possible: stock markets did not grow, commodity markets did not show optimism, and cryptocurrency markets began to unfold after some growth. This suggests that the markets are running...
On Wednesday, the US House of Representatives voted to impeach President Donald Trump, making him the first president in US history to be impeached twice. In any other situation, we could talk about the reaction from the financial markets to this event. But not in a pandemic world where markets have their own laws of behavior. So the US stock market did not think...
The situation with the pandemic in Europe continues to be as dire as possible. The logical consequence of this was the statement by Merkel that the German authorities are considering extending the lockdown for another 10 weeks. For the largest EU economy, and the EU as a whole, this means a guaranteed decline in GDP in the first quarter. Bloomberg Economics, in...
The start of the week was remembered by the dollar's growth. The explanations for this were different, ranging from the sharply increased yield of US Treasury bonds (the yield of 10-year bonds, for example, has doubled in the last 3-4 months), ending with an increase in nervousness in financial markets due to the pandemic, weak data on NFP, new coronavirus...
Any other news outlet more partialized and dumb than CNN out there?... difficult. Adding fire to the bounce. Amazing timing. Nothing can be predicted in the trading world...but I´d say this is great confirmation for the bounce. Let´s see....
I would like to publicly thank financial press for having the best timing in the world...as usual Clowns. Will it be the bounce low? likely. lets see what happens.....
The past week has finally confirmed the formation of the "blue wave". Biden is officially recognized as the President of the United States. The House of Representatives has long been under Democratic control. The Senate is now also dominated by the Democrats, thanks to the vice president's decisive vote. One of the last attempts by Trump to retain power ended in...
This week can definitely be called the Democratic. Biden is officially recognized as the President of the United States and less than two weeks are left before his inauguration. Senate is controlled by Democrats. Accordingly, the eyes of the markets are again obscured by money. Expectations of cash rain in the form of new stimulus packages are spurred on by the...
The Blue Wave (Democrats take control over of the White House, Congress and Senate), widely anticipated in November but initially failed, appears to become real yesterday. The results of the Senate elections from Georgia showed that control of this last bastion of the Republicans is shifting to the Democrats, as with a 50-50 vote, the decisive vote passes to the...
We have already noted that this week is not an easy one. In fact, it turned out to be so. This is confirmed by the roller coaster of the pound, bitcoin, oil and stock markets. However, it should be noted once again that we are not dealing with several different movements (assets belong to fundamentally different markets), but with one general movement tied to the...
New 2021 year has started without revelations and breakdowns of existing tendencies. Markets have somehow routinely continued to grow in the direction of risky assets and to decline in safe-haven assets. The logic in this can be found without too many problems: the stimulus package in the US, adopted at the end of 2020, promises more money to the god of money,...
2020 was an economic disaster, if not a catastrophe, as the global economy plunged into one of the worst recessions in history. Entire sectors of the economy, albeit temporarily, have practically ceased to exist: air travel, tourism, physical retail, restaurant business, etc. And against the background of all this, the US stock market (case of the Nasdaq Index)...