Market Snapshot October 30th 2026
GDP Beat at 3.4% and Core PCE Matched at 3.1%, Lagarde Announced an Early Exit From the ECB, and Alphabet Lost 12.6% While Amazon Fell After Hours on $42 Billion of Negative Free Cash Flow Data Theme: “Strong Headline, Softer Underneath” — Third-quarter GDP grew at a 3.4% annualised rate, ahead of every published consensus, […]
Market Snapshot October 29th 2026
The Fed Held 10–2 With Two Votes to Hike, the Bank of Canada Hiked on Energy While New Zealand Surprised With a Hold, and Alphabet Fell 9% After Hours on Negative Free Cash Flow Data Theme: “Three Central Banks, Two Answers to Oil” — On Wednesday the Bank of Canada raised rates to 2.50% and […]
Market Snapshot October 28th 2026
Consumer Confidence Jumped to 91.7 and December Hike Odds Rose to 83%, Oil Fell a Second Day as Israel Voted for a Hung Knesset — and Gold Rose Anyway Data Theme: “Gold Followed Oil, Not the Fed” — On Tuesday the Conference Board’s consumer confidence index beat consensus by about 11 points, and CME pricing […]
Market Snapshot October 27th 2026
Oil Fell on Iran Diplomacy Despite Claimed Strikes on Saudi Arabia’s Hormuz Bypass, Gold Reclaimed $4,000 as Oil Cooled, and Anthropic Filed for a Nasdaq IPO Data Theme: “The Market Chose Diplomacy Over an Unconfirmed Attack” — Over the weekend the Houthis claimed strikes on pumping stations along Saudi Arabia’s East-West pipeline, the route that […]
Market Snapshot October 19th 2026
The Equal-Weighted S&P Has Its Best Week Against Tech Since 2009 — the SOX Falls an Eighth Day for the Longest Streak Since 2006, and a 55-Session Calm Ends Data: Main Theme: “The Rotation Became Historic” — The equal-weighted S&P 500 recorded its best week relative to technology since 2009. The Nasdaq fell 4.48% on […]
Market Snapshot October 16th 2026
PPI Blows Out to 6.3% — the Widest Producer-Consumer Gap of the Cycle — and Yields FALL 13bp as the Margin Thesis Is Confirmed; Healthcare Hits a Record While the SOX Falls a Seventh Session Data: Main Theme: “The Gap Was the Answer” — September PPI rose 1.3% monthly and 6.3% annually, the biggest since […]
Market Snapshot October 14th 2026
The Kospi Falls 5.46% as CXMT Plans a Server-Memory Product by Year-End — Hock Tan Calls Sector Flows “Casino Gambling,” and Three Banks Beat and Fell Anyway Data: Main Theme: “The Competitor Named a Date” — ChangXin Memory Technologies is reported to be planning a server-memory product by year-end, taking South Korea’s Kospi down 5.46% […]
Market Snapshot October 8th 2026
The Highest 10-Year Auction Yield Since 2000 Draws Strong Demand — the Fed Minutes Show Most Saw Another Hike Coming, and the Russell 2000 Falls 1.31% Against the S&P’s 0.22% Data: Main Theme: “The Buyers Showed Up” — A $39 billion 10-year note auction cleared at roughly 5.3%, the highest for a 10-year auction since […]
Market Snapshot October 7th 2026
The S&P 500 Posts Its First Close Above 7,800 as the 30-Year Breaches 5.7% — a Second Session of Decoupling, and Small Caps Are Down 5.4% in Three Months Data: Main Theme: “Records at the Top, Erosion Underneath” — The S&P 500 closed at a record 7,818.93, its first close above 7,800 and its first […]
Market Snapshot October 5th 2026
Payrolls Come in at 29,000 With July and August Revised Down 60,000 — the Fed Goes “Definitely on Hold for October” and the Nasdaq Rallies 1.19% Data: Main Theme: “The Summer Contraction Is Back” — September payrolls rose just 29,000 against a consensus near 84,000–90,000, unemployment ticked up to 4.2%, and July and August were […]