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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

February 8, 2024

The Party Line

Per the Bloomberg summary, Fed officials are saying that they’re in no hurry to cut rates. ...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

February 7, 2024

Loud Budgeting

That’s the TikTok trend that more Americans are going to have to start practicing. NY Fed research points to more delinquencie...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

Uppers and Downers

Per BBG, up days are bigger than down days, for the most part. Ave 0.66% increase in pos sessions and -0.45% drop in negative ones. The ratio of the...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

February 5, 2024

Powell’s Pushback

On 60 Min yesterday, the Fed’s Powell said the "danger of moving too soon is that the job's not quite done," cementing the fac...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

February 2, 2024

That’s Hot

The economy is channeling its inner Paris Hilton. Employment jumped 353k in Jan, above all estimates, with health care and services...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

February 1, 2024

Today

All about AMZN, AAPL, and META. Will GOOG be an omen, or will they beat to their own holiday sales, lowered expectations, and AI ...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 31, 2024

Probably As Expected

It’s assumed that the Fed will hold interest rates steady for a 4th straight meeting and not give much clarity about future r...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 30, 2024

Tech Time

For what the source is worth, Yahoo Finance is saying that the big-6 tech earnings are expected to grow a combined 53.7% in 4Q23 ...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 29, 2024

A Big Week

32% of the S&P by market cap report this week, including the Magnificent-Now-Six-Post-Tesla-Bomb. GOOG, MSFT, AMZN, AAPL, an...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 26, 2024

Mixed Messages

Dec personal spending was up higher than expected, whereas the Fed’s favorite gauge of underlying inflation didn’t rise much...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 25, 2024

Goldilocks

Higher growth + slowing inflation = happy investors. 4Q23 GDP rose at a 3.3% annualized rate, way above the consensus figu...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 24, 2024

Tech Talk

Netflix added a lot more subscribers than folks expected, per the FT, sending the stock up 10% premarket. For those investing abr...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 23, 2024

The Exit Door

GS noted that CTAs will sell stocks over the next week, no matter which way markets go. Momo traders supposedly will sell $10 bn ...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 22, 2024

Now What?

Buy now, pay later sounds good until “later” comes around. With credit card debt at a record high and delinquency rates doubli...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 19, 2024

Rotation

So far this year, there’s been a rotation out of Cyclicals and into Defensives, with the relative performance of Cyclicals ex...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 18, 2024

Davos

Although I have friends there right now, it’s still hard to listen to all the pontification coming out of that place, right? I...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 17, 2024

Too Hot

Just like Goldilocks and the 3 Bears, the retail spend report was too hot for markets to continue the narrative of tons of ra...

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CIO | Nadine Terman @SolsteinCapital details what she's seeing in global financial markets.

January 16, 2024

Mine

Musk says he wants more control of Tesla (25% voting power). He only owns 13% of its stock, a smaller amount after monetizing bil...

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