Our take on the strong for longer US economy, early innings bull market….and on to Europe, energy, gold, and crypto. Thanks to ⁦Wealthion⁩ youtu.be/Xg8Rx3ImlNs?fe…

Tuesday - Breakfast commodities are leading the way. Our Breakfast price index is up 54% in a year on weather-driven supply disruptions, giving boost to ag producers and suppliers but threat to food stocks and hopes of ever lower inflation prints. @etoro etoro.com/news-and-analy…

Monday - Buckle up for May. Set to bring weaker seasonality and a heavy political calendar but also potential AAPL and NVIDIA-driven strong end to earnings season, plus Fed and inflation relief to already sharply reset rate cut expectations. @etoro etoro.com/news-and-analy…

Friday - Where valuations matter. High US and tech valuations limit their long-term upside, whilst the rest of the world, and many cyclicals, still have a double earnings and valuation upside combo, and clearer rate cut and growth rebound catalyst. @etoro etoro.com/news-and-analy…

Thoughts on why not to fear the sell-off, tech's big guns to the rescue, and the case for Europe. Starts at '3:55. Thanks to Jonathan Ferro Lisa Abramowicz annmarie hordern eToro Bloomberg Surveillance 04/25/2024 bloomberg.com/news/videos/20…

On a down day like today worth remembering the structural case for tech. Thanks to tom keene Paul Sweeney. Tom Keene breaks down Single Best Idea from latest Bloomberg Surveillance Radio. In this episode, Ben Laidler & Anna Wong: bit.ly/3vTiACF bloomberg.com/news/audio/202…

Four reasons why investors should take a deep breadth when considering this market sell-off. A pullback was overdue. GDP growth is fine. Inflation a worry but tomorrow's PCE report the key. And 80% earnings reports beaten so far. Thanks to Brad Smith Yahoo Finance

Thursday - Changes to super-sized US market plumbing. US markets dominate the world, making next month's trade settlement change and 24/7 trading proposals important for all, especially the largest listed US stock market and derivatives exchanges. @etoro etoro.com/news-and-analy…

Wednesday - IPO thaw a mixed blessing. They give investors more choice but also undermine the supply deficit that supported markets. The new IPO wave is different with less profits and free floats and more foreign companies and dual classes. @etoro etoro.com/news-and-analy…

Tuesday - A pricier cup of coffee is coming. The latest coffee price surge follows OJ and cocoa and makes ag the best performing commodity segment, whilst consumers are likely set to feel as Starbucks to Nestle continue their price rise strategies. @etoro etoro.com/news-and-analy…

Monday - Implications of the out-of-synch economy. We see a growing economic divergence between US exceptionalism and the rest of world, driving market volatility, rotation from tech to cheaper cyclicals, and demand for inflation hedges. etoro.com/news-and-analy…

Friday - Magnificent-7 still doing earnings heavy-lifting. Five of the 'Magnificent 7' US big tech stocks report next week, and they are key to another needed earnings surprise, making up 29% of S&P 500 market cap and estimated to grow earnings 37% vs the 3% fall for the other

Thursday - The currency volatility comeback. The US dollar surge has been driven by macro exceptionalism and geopolitical safer haven demand and now triggering a return of latent currency volatility, with heavy costs for emerging market and carry trade currencies. @etoro

Wednesday - The overdue pullback arrives. The S&P 500 typically see's three mild -5% pullbacks a year. We are on the cusp of one now. Its overdue, and not to be feared, with the twin bull market earnings growth and rate cut pillars in place and significant cash on the sidelines.

Tuesday - Gold’s chameleon-like rally. Gold has surged to new highs on an unstable mix of geopolitical and inflation drivers, with few of the traditional gold supports, like weaker dollar or stronger ETF flows. Silver may be the way to play further strength with its traditional

Monday - Poor seasonality coming early. Markets may be pulling forward overdue volatility and the upcoming weak seasonality signified by the famous ‘Sell in May and go away’ adage, when average monthly returns across 15 global markets ease to 0.1% from 1.2%. @etoro

Friday - US banks kick off earnings, but Europe the focus. US banks start global first quarter earnings season with falling profits and focus on the better outlook, but Europe's banks should be the focus with their bigger relative size and macro importance, higher growth,

Thursday - Commodities coming in from cold. Rally is broadening as fundamental slow-burn supply/demand squeeze meets technicals of investors looking again for inflation hedges and allocations low after extreme underperformance. It's a better but not great outlook. eToro

Wednesday - Messages from crypto and its proxies. Crypto is the best performing, smallest, youngest, and most retail dominated asset class with key halving and Ethereum spot ETF catalysts looming. Bitcoin has led whilst Ethereum is the contrarian catch-up play. eToro

Monday - Looking for another earnings surprise. The better earnings growth outlook is the single biggest market support right now. Q1 season starts Friday with forecasts reassuring low on both sides of the Atlantic, and we see another tech sector and profit margin led ‘beat’.