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Insightful market commentary from a fresh perspective.
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SP 500 Earnings: CPI Print Wednesday, Walmart Earnings Thursday, and Don’t Forget Inflation Expectations

August 10, 2024 Brian Gilmartin Leave a comment

The big economic print this week will be Wednesday’s July CPI and Core CPI, which along with Thursday’s July Retail…

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Posted in: 10-year Treasury yield, CPI / PPI, CPI Services ex-Shelter, inflation, inflation expectations, Weekly Earnings Update

Jobless Claims and Credit Spreads – An Update

August 7, 2024 Brian Gilmartin Leave a comment

While I thought last week’s jobless claims number of +255,000 was the highest print in the last year (and was…

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Posted in: 10-year Treasury yield, Corporate High Yield, Corporate HighGrade Bonds, Credit markets, jobless claims

SP 500 Earnings: Watch Credit Spreads to Gauge Recession Risk

August 2, 2024 Brian Gilmartin Leave a comment

With large-cap or mega-cap technology earnings pretty much over with this week, (Nvidia reports late August ’24, and then Oracle…

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Posted in: 10-year Treasury yield, Credit markets, High-Yield Credit, HYG

Merck / Pfizer Earnings Summaries: Staying w Merck for Now, Pfizer’s Cost-Cutting Will Help Margins

July 31, 2024 Brian Gilmartin Leave a comment

In the tale of two large-cap pharma stocks it was a contrast in expectations, and performance on Tuesday morning, July…

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Posted in: MRK, PFE

Pfizer and Merck’s Earnings Previews: Uncorrelated to Big Tech, and Growth Styles

July 28, 2024 Brian Gilmartin Leave a comment

Both Merck and Pfizer are expected to report their Q2 ’24 financial results on Tuesday morning, July 30 ’24, before…

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Posted in: MRK, PFE

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  • Fed Funds Cut Coming Wednesday, December 10th / Longer-Maturity Move Likely to Happen w Fed Chair Change

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