Hopium Rules Markets, (Despite More Questions On AI, Rates And Energy) For Now…

This is our latest weekly market update, where we start in the US, cross to Europe and Asia and end in Australia covering commodities and crypto along the way. As we exit July, superficially at least markets rebounded from volatile moves during the week as a bunch of macro issues from the future path of interest rates and inflation, the Energy wars in the middle east, and the future trajectory of AI came under the spotlight. U.S. stocks rose on Friday as strong earnings from Amazon and Microsoft drew investors back into the AI trade, while longer-dated Treasury yields hit new […]