KyleRodda
KyleRodda
Presenter at ausbiz. Market commentator. Financial journalist. Macro enthusiast.
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2022-10-26

Macro Economy| Thoughts on GOOG, XJO, META& NAB

Hello everyone! Today I want to my thoughts about macro economy and stocks with you.$Alphabet(GOOG)$  $Alphabet(GOOGL)$Alphabet's results were a miss this morning. Shares were off as much as 6% in after-hours trade.Sales were $57.27b, missing the $58.18b estimate. EPS came in at $1.06 versus the $1.25 estimate.The company reported a significant impact to advertising revenues.Australian CPI comes in higher than forecast. Key numbers."CPI rose 1.8 per cent in the September 2022 quarter" 6.1% trimmed mean CPI well above expectations of 5.6%.ASX200 takes a little spill following CPI. 
Macro Economy| Thoughts on GOOG, XJO, META& NAB
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2022-10-14

The Analysis on 14 October: US Macro Economy

Your morning market wrap. Wild price action on Wall Street.Stocks: Wall Street staged a remarkable rebound after an initial sell-off following another hotter than expected us CPl print.The S&P500 rallied 2.6%, led be energy and financials. Tech also performed strongly and the NASDAQ gained 2.3%.SPI Futures are pointing to a110 point jump for the ASX200 at the open.Rates/bonds: US CPl came in higher than expected and 8.2% and core CPl rose to 6.6%-its highest level in 40 years. Yields pushed higher across the curve. The Us 10 year yield increased 6 points to 3.96% and the 10-2 spread fell to 51 basis points. Fed Fund Futures are fully pricing in a 75 point hike from the Fed in October and a peak in rates of 5% next year. Gilt markets also continue
The Analysis on 14 October: US Macro Economy
avatarKyleRodda
2022-10-28

The Analysis on 28 October-- US Macro Economy & AMZN

Your morning bite. Tech earnings knock stocks down. The ECB hikes by 75bp.Stocks: The S&P500 fell 0.6% and the NASDAQ shed 1.9% in cash trade, as the markets digested weak tech results. Things took another turn for the worse after Amazon reported results after the bell, posted weak sales guidance, and its shares plunged roughly 20%. Apple also delivered results which reflected potential sales weakness, with its share dropping after hours. SPI Futures are pointing to a 26 point drop for the ASX200 this morning. $S&P 500(.SPX)$  $Amazon.com(AMZN)$  $Apple(AAPL)$
The Analysis on 28 October-- US Macro Economy & AMZN
avatarKyleRodda
2022-10-05

Stock Markets| Thoughts on ASX& US Markets

This has flattened out quite considerably since yesterday's Info decision. Markets pricing in a peak in interest rates around 3.5% (give or take). It was over 4% last week.$( $AUD)$Your morning market wrap. Wall Street records its best two days since April 2020. ASX200 is set to extend its rally. $S&P/ASX 200(XJO.AU)$ $NASDAQ(.IXIC)$Quite a bounce-off support here for the ASX200. $S&P/ASX 200(XJO.AU)$"Continued monetary tightening". Reserve Bank 
Stock Markets| Thoughts on ASX& US Markets
avatarKyleRodda
2022-10-12

Analysis on October 12: US Macro Economy

Your morning market wrap. Stocks weaken leading into US CPI data.  $S&P 500(.SPX)$  $NASDAQ(.IXIC)$  $DJIA(.DJI)$ Take this for what you will. Cash rate futures are back to implying rates will hit ~4% next year. Sticking my neck out here...  $Bitcoin Group SE(BTGGF)$ Does the crypto industry receive a disproportionate amount of attention given its total market value is less than four of Wall Street's biggest companies, individually?Follow me to learn more about analysis!!
Analysis on October 12: US Macro Economy
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2022-10-13

The Analysis on 13 October: US Macro Economy

Your morning market wrap. All eyes are on US CPI.Stocks: Another down day for Wall Street. The S&P 500 dropped 0.33% to dropp to newlows, while the NASDAQ was practically flat. FOMC minutes sparked a brief flurry. However,investors remain braced for tonight's US CPl data. SPlFutures are pointing to an18 pointdrop for the ASX200 this morning.Rates/bonds: lmplied volatility in the bond market pushed to new highs. Yields dropped marginally, with the US 10 year falling 5 points to 3.89%. FOMC minutes delivered the "higher for longer” message, however some members agreed it was important to eventually"calibrate the pace" of hikes to balance risks to economic activity. Rate expectations didn'tmaterially change, with market pricing suggesting a peak in the Fed Funds Rate of aro
The Analysis on 13 October: US Macro Economy
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2022-11-03

The Analysis on 3 November-- US Macro Economy

Your morning market bite. Fed hikes by 75, suggests rates could go higher and be there for longer.Stocks: Wall Street fell after Chair Powells press conference.The market had initially railed upon the release of the Fed's decision. However, "higher for longer" language saw stocks take a tumble. The S&P500 finished the day down by 2.5%, with all sectors lower. Tech underperformed with the NASDAQ shedding 3.4%. SPI Futures are pointing to a 113 pointfall for the ASX200 this morning. $NASDAQ(.IXIC)$   $S&P/ASX 200(XJO.AU)$  $SPY(SPY)$  
The Analysis on 3 November-- US Macro Economy
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2022-10-06

Analysis about US Macro Economy

Your morning market wrap. Fed-speak suggests the central bank isn't for turning. Stock market rebound stalls. OPEC+ cuts output. $NASDAQ(.IXIC)$  $DJIA(.DJI)$ The equity put/call was almost 4 standard deviations above the mean before this rally - the highest since the pandemic. Have we reached peak fear or is this just another squeeze? $S&P 500(.SPX)$ Follow me to learn more about analysis!!
Analysis about US Macro Economy
avatarKyleRodda
2022-11-17

Macro Economy: Thoughts on Australia

Hello everyone! Today I want to share views about macro economy with you.Throwing this chart into the inflation debate.Australian inflation versus capacity utilisation.Perhaps adds weight to the argument of excess demand in the economy. $($aud)$ auspol'Unemployment rate falls to 3.4%'  $S&P/ASX 200(XJO.AU)$- Participation rate 66.5% (Est. 66.6%)- Employment +32.2k (Est. 15k)- FT Employment 47.1k$($aud)$ has diverged from the 2-year yield spread. Let's call it "China hopes". What happens next?Follow me to learn more about analysis!!
Macro Economy: Thoughts on Australia
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2022-11-01

The Analysis on 1 November: US Macro Economy

Your morning bite. Looking ahead to the RBA Info meeting.Stocks: Wall Street slipped with the S&P500 falling 0.75%. The index finished October 8% higher. Energy stocks ended higher but whipsawed on plans from the Biden administration to tax "windfall” profits. The sector was the only to finish higher for the session. Tech stocks underperformed with the NASDAQ down 1.2%. SPI Futures are pointing to a 10 point gamefor the ASX200 this morning. $S&P 500(.SPX)$  $NASDAQ(.IXIC)$  $S&P/ASX 200(XJO.AU)$Rates/bonds: Yields crept higher, with the Us 10 year up
The Analysis on 1 November: US Macro Economy

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