The Market Call

Cake Box celebrates success In today's macroeconomic news: UK employment and payroll data - stronger than expected ...and UK company news we discuss: 0RHE Orsted (Danish wind power developer) - who have sacked its CFO and COO and CBOX, DPP   Read the accompanying blog: https://progressive-research.com/insights/cake-box-celebrates-success/

Deflationary recession or soft landing? In macro and market news today: US inflation data tomorrow & UK data Wed - YoY inflation expected to decline and fears of deflationary recession US oil inventory data, US Housing stats, China manufacturing data, US retail sales numbers and UK unemployment figures all out later this week - should paint a clearer picture by the weekend. Read more in the ac...

All a bit deflationary   In macro and market news today: China's reported annual inflation rate for Oct negative 0.2%, there are mixed messages from the Bank of England, Bitcoin price is now up 155% YTD and speculation of a Bitcoin ETF, Fed Powell's speech and the fear of recession for investors. Read more in the accompanying blog: https://progressive-research.com/insights/all-a-bit-deflationary/

Why are oil prices so weak? Macro thoughts for the day: Sustained recent weakness in oil prices, the deflationary effect, Jay Powell's speech later today and China inflation data tomorrow In UK Company news a look at JDW J D Wetherspoon: - Cost of debt fixed & greater forecast visibility - Tim Martin counteracts urban myths - Wetherspoon's hotel rooms score higher in customer service satisfact...

Cracking the US market isn't easy In Macro News: US - Risk assets couldn't retain recovery Bond investors - focus on Federal Reserve (Powell's speech tomorrow) October house prices - rise Kings Speech today - new legislative agenda In UK Company News: FOUR - upgraded FY profit guidance and    WINE - who've replaced their CEO and are finding the US market tough to crack Read the accompanying blog:...

No real change The Prognosticator's daily musings suggest no real change in Macro News from last week: Bond yields lower Risk assets recovered Weakening $ and strengthening £ Speeches from Jay Powell and Christine Lagarde later this week UK GDP data - presumably some revisions and a quiet day in terms of UK Company News...

Jobs, who needs one when the market is going up! It's relatively quiet in Macro and UK Company News this Friday: Bank of England - pauses rates for a second month Stock markets - a welcome bounce REITS and housebuilders - top-performing UK sectors Read the accompanying blog: https://progressive-research.com/insights/jobs-who-needs-one-when-the-market-is-going-up/

Risk on! In Macro News The Fed paused rates for a second month and the Bank of England will follow suit today. Company News from: HWDN, MGNS and TRN and the Prognosticator considers why Trainline is a killer app. Read the accompanying blog: https://progressive-research.com/insights/risk-on /

How to do fashion retail Updates: ASC, ASOS and NXT Macro News: The EuroZone - reported GDP and inflation rates lower than expected BP - wrote off over $500m from its US onshore wind assets yesterday Read the accompanying blog: https://progressive-research.com/insights/how-to-do-fashion-retail/

Zegona SPACtastic! In today's Macro and UK Equities news: JGB yields pushed towards the 1% level SXS Spectris updates on solid sales growth in Q3 YCA Yellow Cake said that uranium price increased 31.3% to $73.5/lb in the Q to Sept Read the accompanying blog: https://progressive-research.com/insights/zegona-spactastic/

Ascential demonstrates hidden value in UK equities: In Macro News: Oil prices, Bond Yields and the Gold Price have all stabilised at elevated levels German Inflation and GDP data out today Japanese interest rate decision and EU GDP and inflation data tomorrow In UK Company News: CHRY Chrysalis announced its quarterly NAV and trading update ASCL Ascential has announced the proposed sale of Digital...

Soft landing? In Macro News: US GDP and durable goods demand continue to indicate a strong US economy Quarterly PCE data showed that inflationary pressures are being contained Global bond yields continue to edge higher  and oil prices firmed Read the accompanying blog: https://progressive-research.com/insights/soft-landing/

Pivot back to fossil fuels In Global Market and Macro News: World bond market yields rising, gold price higher plus Meta reported today - hinting at global advertising headwinds ......and in UK Company News: RSW Renishaw manufacturing bell weather stock updated - subdued demand but seeing some positive investment trends SFE Safestyle - entering sale process HTG Hunting - in line with recovery traj...

AI, friend or foe? In today's MacroNews: Oil and gas prices and bond yields continue to weaken and equity markets mostly steady with gains in Asia ...and in UK Company News: IGR and OMG - issue positive updates Bell weather IT stock Bytes - capitalising on AI opportunities RWS revenue decline slowed - think AI developments positive but markets sceptical FRAN update - 7 franchise brands in 10 count...

In Macro News: Major oil M&A as Chevron buys Hess Oil prices and bond yields Bitcoin - will the SEC sanction Bitcoin ETF? and in UK Company News: SCS receive recommended cash offer and recently IPO'd CABP face challenges in the FX provider space

In Macro News today: oil price, bond yields and the US dollar stabilising but tensions remain high in Israel The week ahead: Tomorrow - UK unemployment numbers and US PMI manufacturing data Wednesday - Powell talks plus oil inventory data Thursday - ECB European Central Bank interest rate decision plus US GDPR data Friday - US PCE price index (FED inflation data) For the accompanying summary read...

In MacroNews today: oil and gold rising again as Israel conflict continues. Powell talks and a look at US bond yields, inflation, debt and why investors are not buying Treasuries? In UK Company News we take a look at Impact Healthcare REIT IHR - currently yielding 8% but will this still look attractive with government bonds offering ever rising 'risk free' returns? For the accompanying summary rea...

In UK company news the Prognosticator looks at SHOE Shoe Zone plc. Like CardFactory, Wetherspoons, and Greggs in their verticals, ShoeZone is a business benefitting from a strategy of scale economies shared. In Macro News we look at diplomatic developments in Israel prior to Biden's visit, the US' diplomatic efforts in Venezuela which seem to be stabilising crude prices and China's new measures to...

Today in macro news oil, gas and bond yields and in UK company news the Prognosticator looks at CER Cerillion plc which continues to defy the telco gloom. For the accompanying summary read the day's Market Prognosis.  

Today in Macro news - oil, gas prices plus bod yields and in UK company news the Prognosticator looks at CER Cerillion plc which continues to defy the telco gloom. For the accompanying summary read the day's Market Prognosis.  

Inflation porridge - the state of a fracturing global economy. Today the Prognosticator discusses CPI data and takes a look at AVON Avon Protection's results. For the accompanying summary read the day's Market Prognosis.  

In macro news: the IMF economic forecasts published yesterday painted a challenging outlook for the UK, and in UK market news the Prognosticator looks at Telecom Plus who are displaying staying power. For the accompanying summary read the day's Market Prognosis.  

YouGov, lost ground to makeup - today the Prognosticator shares his thoughts on YouGov's results in his UK market news update. While in macro news: US bonds bounced and two-year treasuries fell bellow 5%. For the accompanying summary read the day's Market Prognosis.  

What does MBS do next? Today the Prognosticator discusses US oil market data and the impact of the atrocities in Israel over the weekend. In UK market news: Impax Asset Management, Croda, Mind Gym & Metro Bank. For the accompanying summary read the day's Market Prognosis.  

"The 5% Bond Market Means Pain Is Heading Everyone’s Way" Following a cheery start, the Prognosticator waxes lyrical in his UK company news update about 40 years of Wetherspoons JDW - Tim Martin's views on lockdown policy, corporate governance, and the tax burdens of the pub trade. For the accompanying summary read the day's Market Prognosis.