Complete Intelligence

Softer Fed Tone But Don’t Get Too Excited

The released Fed minutes show that most officials are backing a slower pace of interest rate hikes. Markets reacted positively but this is false optimism as the terminal Fed Funds Rate may eventually be higher. The 3Q reporting in the US is also coming to a close and 75% of corporates experienced downgrade in earnings. Have the cut in earnings by analysts been adequate or will there be further downside, with 2023 outlook still uncertain?

Liquidity Drain and QT, Copper Gap, & Retail and the US Consumer w/ Daniel Lacalle

There are a few key themes we’re going to look at today. First is liquidity drain and quantitative tightening, or QT. We’ll then look at copper gap, meaning we don’t really have enough copper over the next ten years to fill the needs of EVs and other things. We’ve had some earnings reports for retail over the past couple weeks.

FTX, crude & crypto, CPI & inflation: The Week Ahead – 14 Nov 2022

We talk about FTX and why it happened. FTX transferred about $8 billion of customer deposits and they lost it. There was a desperate attempt to merge with Binance. That didn’t happen. FTX filed Chapter 11 on Friday. We also saw some selling in crude markets as FTX collapsed. The rate of rise of CPI slowed, and it feels like it overrode the FTX worries. Have we’ve conquered inflation?

US midterms: An opportunity for voters to choose their economic future

The midterms decide who controls Congress as well as state legislatures and governor’s offices. Billions of US dollars are being spent on the election campaign adverts that voters will be seeing and hearing in the run-up to the elections – but is it worth the investment? And has the economic situation in the US overshadowed the overturning of Roe v Wade?

China risks, tech earnings, and crude stockpiling: The Week Ahead – 31 Oct 2022

How are foreign companies dealing with the political changes in China? Or what should they be paying attention to? On the risk side, we’re looking at tech earnings and the impact that tech earnings will have on other earnings and headcount reductions and other things over the next few months. And we’re also looking at crude oil inventories and refined product inventories. They’re way below averages. And we want to hear from Tracy as to what’s going on.

Nasdaq Breaks 3-Day Winning Streak

Investors were not impressed by results from Meta and Alphabet leading to a sell-off in tech stocks on Wall Street. We speak to Tony Nash, CEO of Complete Intelligence, to find out how results from Apple and Amazon set to come out soon might impact overall market sentiment.