Big-tech, small cap, crypto focus as inflation eases Markets relief rally been validated by peaking US inflation. This has been the biggest investor risk, and is now easing. This gives room to add more risk to defensive portfolios. Big tech, small cap, and crypto seem to have most attractive risk/reward…

Bitcoin notches 20% July gains Ethereum rivals boosted by impending Merge Better-than-expected big tech earnings and talk of slowing rate hikes proved bullish for Bitcoin last week, boosting the cryptoasset towards $24K. Both Amazon and Apple surpassed earnings expectations on Thursday, fueling a stock market rally that was sparked on Wednesday by talk of less aggressive interest rate hikes. …

What dramatic super-sized US markets mean The US dominance of global capital markets is extraordinary. It is 40–80% of bond, equity, FX markets but only 4% of population and 24% GDP. Crypto is the only big exception. The US has kept outperforming this year, from the US dollar to —…

Ethereum up 15% on ‘Verge’ and ‘Splurge’ plans Crypto market recaptures $1 trillion Optimism has returned to crypto, with the total market value reclaiming $1 trillion as investors speculate that prices have already hit their bottom. Bitcoin tapped $24K on the changing sentiment, matching a rally in traditional markets led by tech stocks including Nvidia and Netflix. This resurgence was followed by a…

Ethereum stole the show last week, exploding 20% as developers set a date for the blockchain’s long-awaited transition to proof-of-stake. Meanwhile, macroeconomic events drove the broader crypto market. Bitcoin dipped to $19K on Tuesday, as hot inflation data prompted speculation that the Fed could raise interest rates by a full…

Bonds more attractive as recession looms US treasury bonds are coming back in from the cold after a terrible six months of performance when they gave little protection from plunging markets. But bonds are seeing renewed interest again as recession risks rise and inflation forecasts fall, and yields already risen…

Quant makes quick 40% as DeFi sector surges Optimism is creeping back into the crypto market, with Bitcoin bouncing 7% higher as the second half of 2022 begins. The renewed confidence comes on signs that the economy could be approaching a turning point. US Federal Reserve officials claimed on Thursday that recessionary concerns were “overblown”, and strong jobs…

Q2 global survey shows retail holding firm DIY investors have been resilient to the Q2 ‘bear’ market, with near 4x more buying the correction than selling, and 72% still confident in their investments. This is an important market anchor given their greater size now. But they are turning more cautious…

Bracing for the Q2 earnings test Global Q2 earnings is a bigger test now than ever, with recession risks rising but full year S&P 500 profits growth expectations still rock solid at +10%. Q2 expectations are reassuringly low, but guidance is a big risk. JP Morgan unofficially kicks off Q2…