Weekly markets checklist. Week 171. 17th September 2024

Hurrah! The weekly comes out vaguely close to our target time of 1hr 30mins, mainly because I will be spinning out the segment on oil into a separate podcast, but good news nonetheless. In this week’s episode we mainly concentrate on last week’s US inflation data. We have all the week’s macro and markets data, plus SimonW’s latest Technical Analysis of the S&P 500 and Nasdaq, and special sections on the Office for Budget Responsibility’s forecast for the long term UK fiscal debt outlook, Donald Trump’s proposed import tariffs, and, related, the Smoot-Hawley tariffs of 1930
The next weekly will be on Friday 27th September (i.e. Friday week) when Richard will return as co-host. Thereafter I will be aiming to return to a Friday recording schedule.
Chapters
00:00:38 This week’s news
00:10:16 UK economic data
00:14:43 EU economic data
00:19:50 US economic data
00:33:24 China economic data
00:37:35 One Chart
00:39:32 SimonW’s Technical Analysis
00:41:21 OBR UK fiscal outlook
00:52:20 Donald Trump’s proposed import tariffs
00:55:58 The Smoot-Hawley tariffs of 1930
01:00:52 Inflation watch
01:04:52 Recession watch
01:06:13 Other charts
01:09:44 Good news
01:10:30 Equity market checklist
01:17:20 Energy commodities
01:20:53 Industrial metals checklist
01:22:35 Precious metals
01:24:27 Bond yield and interest rates checklist
01:26:50 Concluding comments
01:27:39 Stuart’s portfolio update
01:29:48 Keith’s portfolio update
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[@informer-365]

Great deep dive, not sure world trade tariff charts relevant this time because this time around USA doing it from a position of strength and targeted mostly at China this time

[@portfoliomatters2473]

Hi Informer, I have received an alert that you have posted another question about Chinese EV's but the text of your comment has not appeared on KZbin. Please can you repost your question?

[@informer-365]

@@portfoliomatters2473 hi I was just asking if Chinese EVs were worth a punt because of experts have been saying China is uninvestable, turns out they have now completely flipped their opinion to buy any China haha