Breaking News
Get 50% Off 0
Unlock Premium Data: Up to 50% Off InvestingPro CLAIM SALE

David Bassanese

  • Analysis & Opinion

David Bassanese's Comment & Analysis
A complete archive of David Bassanese's articles, including current analysis & opinion - Page 4

Global marketsUS stocks weakened for the third week in a row under pressure from rising US bond yields and concerns over the Chinese economic outlook. Strong US retail sales in July along with the...
All priced?
By David Bassanese - Aug 14, 2023
Global marketsUS stocks continued their consolidation last week, after a strong run over previous weeks as the ‘soft landing’ scenario started to become the consensus call. Indeed, last...
Extended Pause
By David Bassanese - Jul 31, 2023
Global marketsThe ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 1.0%.  There were various reasons for investors to remain upbeat: the Fed hiked rates...
CPI Week
By David Bassanese - Jul 24, 2023
Global marketsThe effective ‘melt-up’ in US stocks continued last week, with the S&P 500 adding another 0.7%. Although earnings misses by Netflix Inc (NASDAQ:NFLX) and Tesla Inc...
Global marketsThe key development over the past week was the weaker-than-expected US CPI result, which has reduced the risk of further aggressive Fed action that ultimately pushes the economy...
Rate Surge
By David Bassanese - Jul 10, 20231
Global marketsThe key development over the past week was ongoing solid US economic reports, which along with hawkish Fed minutes saw bond yields move notably higher. US 10-year bond yields rose by...
Global MarketsSolid economic data and a reasonably benign inflation report provided further reassuring signs to Wall Street last week that the US economy remained on a “soft landing”...
Sweet spot?
By David Bassanese - Jun 19, 2023
Global marketsIt was another encouraging week in global markets, with investors taking the ‘hawkish pause’ by the US Fed well in their stride. Although the Fed did pause as widely...
June pause
By David Bassanese - May 22, 2023
Global marketsConcerns over US debt ceiling negotiations were the primary factor affecting global markets over the past week, with hopes that a deal is close generally helping to support stock prices....
Wage test ahead
By David Bassanese - May 15, 2023
Global markets Global equities pulled back a little further last week with the S&P 500 inching back 0.3% after a 0.8% fall the previous week. The S&P appears to be struggling to break through...