New Adventures of Old Auto 🚘

Ryan JueResearch, Weekend Update, , , , ,

💸  Yields keep on rising. For 3rd straight week, #RisingYields continue tacking on another 9%. Surging energy prices, strong #COVIDRecovery data and incoming Fed action continues to drive #InflationFears and #Flight2Safety rotation. 🇨🇳  Biden/Xi virtual summit. White House reengaging Beijing holding a virtual summit later this year. Markets popped Thursday on #ChinaTension relief with S&P 500 finishing +1% for week. 🚙  Legacy auto in spotlight. General Motors Read More

Blue or Red Pill? 😎 Green Pill! 📈

Ryan JueResearch, Weekend Update, , , , , ,

📉  September pullback. S&P 500 finished September down -5%－first red month after 7 consecutive green ones. Macro uncertainty drove market correction off all-time highs as investors faced #InflationFears, #RisingYields and #ChinaTension. 💸  Yields keep rising. 10-year treasury yields rose another +5% extending last week gains. #InflationFears in focus on energy pricing surging and supply chain woes. Strong #Flight2Safety rotation with Growth down over -3% for Read More

Inflation Peaking? 😅

Ryan JueResearch, Weekend Update, , ,

💸  Peaking inflation? #InflationFears moderating as August 12-month CPI rose only +0.3% M/M (still up 5.3% Y/Y). 2nd month of deceleration, but we’re still monitoring 2 main questions: (1) Does inflation recede? and (2) Could this be just a temporary reprieve due to #COVID19 delta? 🇨🇳  China concerns. #ChinaTension weighing on markets again as its #COVIDRecovery stalling from new delta outbreaks and more Read More