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

October 25, 2023

Haves and Have Nots | Tech Edition

The FT and Reuters have the full stories, but for your morning snack--GOOG/L beat on the top line because of Search + Other/You...

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

October 24, 2023

Just Chillin’

Equity futures are in the green as the bond market chills out (for now)....

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

October 23, 2023

The Breach

The 10-yr UST yield moved past 5% for the 1st time since 2007, increasing > 40 bps this month given stronger-than-expected US d...

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

October 20, 2023

Open Door Policy

Looks like the Fed will hold steady at the next meeting, but Powell kept door open for rate hikes, saying they could hike if the ...

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

October 19, 2023

10-5

The 10-yr UST yields are around 5% for first time since 2007, per the FT. So, you’re starting to see some investors adding d...

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

October 18, 2023

Unavailable and Unknown

Arab leaders cancelled their planned summit with Biden after the Gaza hospital blast, per Reuters. This is a precarious ...

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

October 17, 2023

The Market’s Message

Stocks surged yesterday without any obvious catalyst and are back down again today. Longer-duration UST, which have been doin...

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

October 16, 2023

Pie Eating Contest

Looks like investors sobered up over the weekend, realizing that inflation is remaining high. The 10-yr UST nominal and re...

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

October 13, 2023

What Happened?

The market was going about its uneventful day when a crummy UST 30-yr bond auction in the early afternoon (Bloomberg) sent lon...

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

October 12, 2023

Yet Again

US consumer prices are up for the 2nd mo. So, equity bulls hoping for deflation signs are going to have to wait a bit longe...

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

October 11, 2023

Sticky Inflation

US producer prices increased more than expected in Sep due to higher energy costs. The IMF just came out and noted that if ...

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

October 10, 2023

Walking it Back

For all the tough language Fed officials have had in the past year, these days they seem to be walking it back. More are arg...

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

October 9, 2023

At War

Oil is up, on the back of Israel’s retaliatory strikes on the Gaza Strip after a surprise offensive by Palestinian m...

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

October 6, 2023

Payroll Punch

The US’ payroll figures rose more than expected, so US equities are down this morning, and long-duration bonds are getting hit with a m...

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

October 5, 2023

Still Hot

It’s over 90 degrees in NorCal, so much for fall. Also, US jobless claims held near recent lows, increasing only a bit to 207k ...

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

October 4, 2023

Lower Labor

US companies added 89k jobs, the lowest level since early 2021 per ADP. Pay growth slowed as well. Underneath the hood, “fun”...

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

October 3, 2023

Don’t Take it From Us

Rates will be higher-er for longer-er. Yesterday, Cleveland Fed’s Mester said, “The economic projections released by the FOMC ...

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

October 2, 2023

The Can is Officially Kicked

Congress reached a deal to avert a government shutdown over the weekend, for now. Check back in a month to see if we’re here aga...

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