The Bespoke Report Newsletter — 11/12/21
This content is for members onlyThe Bespoke Report Newsletter – 11/5/21 – Shock & Supply: Energy, Capex, Labor, & Inflation In Q4
This week’s Bespoke Report newsletter is now available for members.
This week’s Bespoke Report is our Macro Quarterly summary of big trends from around the global economy and financial markets. We review recent policy decisions from the Fed and other global central banks, the recent massive shocks to energy markets and what comes next for those commodities, supply shortages in other contexts…and how the global economy may respond to these large swings driven by changing consumer demand, policy stimulus, and the COVID pandemic. We also review October labor market data from the BLS’ employment situation report, and the current high-level backdrop for US equity markets.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
The Bespoke Report Newsletter – 10/29/21 – Over the Hump
This week’s Bespoke Report newsletter is now available for members.
With the peak of earnings season ahead, including reports from the five largest companies in the S&P 500 (at the time), investors were looking at quite a hill to climb heading into this week. Based on past precedent, expectations weren’t great. In the past, when the five FAAMG stocks (Facebook, Apple, Amazon, Microsoft, and Alphabet) have reported earnings in the same week, their performance and the performance of the S&P 500 during that week has generally been poor. In the five prior occurrences where this occurred since 2015, the S&P 500 was down during that week four out of five times, and the only positive return was a modest gain of 0.14% in the week ending 4/30/21.
This week came and went, and the bulls were unfazed by the challenge. Despite mixed reports from the companies reporting– three of which were down on their earnings reaction days– the S&P 500 managed to rally more than 1% and hit record intraday highs on four of the week’s five trading days.
In this week’s Bespoke Report, we discuss all the issues impacting the market this week along with what to expect in the final two months of the year. To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
The Bespoke Report — Equity Market Pros and Cons (and everything in between)
This week’s Bespoke Report is an updated version of our “Pros and Cons” edition for Q4 2021.
With this report, you’re able to get a complete picture of the bull and bear case for US stocks right now. It’s heavy on graphics and light on text, but we let the charts and tables do the talking!
On page two of the report, you’ll see a full list of the pros and cons that we lay out. We then provide slides for each “pro” or “con” that we’ve highlighted.
To read this report and access everything else Bespoke’s research platform has to offer, start a two-week trial to Bespoke Premium.
The Bespoke Report Newsletter – 10/15/21 – Whipping Up Worries Over Punchy Prices
This week’s Bespoke Report newsletter is now available for members.
Markets and economic data are starting focus more tightly on rising inflation. Energy prices are soaring, industrial metals are at record levels, and employers are faced with an avalanche of quits and job openings. But supply responses are underway, with oil rigs spinning up, natural gas output rising, and millions of Americans piling into the labor market to meet the demand for workers. Earnings are also starting off strong this season with much better results from Wall Street trading firms and less cost of credit from money center banks. Consumer goods are also rolling in from China as the bilateral trade deficit reported by that country this week. We discuss all of this and more in this week’s Bespoke Report.
To read this week’s full Bespoke Report newsletter and access everything else Bespoke’s research platform has to offer, start a two-week trial to one of our three membership levels.
