David Bassanese's Comment & Analysis
A complete archive of David Bassanese's articles, including current analysis & opinion.
Global markets
Global stocks rebounded strongly last week thanks to a beautiful set of numbers from the United States suggesting the ‘soft landing’ scenario remains firmly on track.
After a testing...
BecalmedBy David Bassanese - Aug 12, 2024
Global markets
Global stocks rebounded over the course of last week after the volatility of the previous Friday and Monday – helped by reassuringly firm US economic data. Overall, this resulted in a...
Global markets
Weak US economic data and further disappointing earnings reports led to a further pullback in global equities last week, yet a strong rally in bonds. For the first time in a long time,...
Global markets
Disappointing earnings reports from two big tech companies – Tesla (NASDAQ:TSLA) and Alphabet (NASDAQ:GOOGL) – contributed to a further pull back in global stocks last week, despite...
Global markets
Fears related to potential bans on US tech exports to China hurt global stocks last week, especially the US large-cap market darlings.
As was the case the previous week, relative...
Global markets
Global equities continued to grind higher last week, helped by a softer than expected US CPI report and dovish comments from Fed chair Jerome Powell. The Goldilocks soft landing...
Global markets – week in review
US stocks bounced back last week and bond yields eased as soft economic data supported the idea of rate cuts this year. With regard to US economic activity, markets...
Global markets – week in review
US stocks edged back last week despite a reassuringly benign US inflation report. Buyer exhaustion and concern over the impending French elections likely held back...
Global markets – week in review
Global stocks continued to rally last week – leaving April’s mini-pullback well behind – on the back of a lower-than-expected US CPI and the prospect of eventual US...
Global markets – week in review
Global stocks bounced back last week after a 2-week mini-consolidation – reflecting rates cuts in Europe and Canada along with some softer-than-expected US data that...