Markets

Weekly notes on equities, rates, and what moved them.

Oil at $125, Powell's Swan Song, and the AI Trade Under Pressure

The Fed held rates in a dramatic split vote. Oil surged past $125 on Hormuz fears. Big Tech delivered, but not all of it was rewarded. Here is what this week is telling us.

May 3, 20269 min read

Markets

Ceasefire, Compute Wars, and the Week That Tests the AI Trade

A ceasefire extension and AI-driven earnings pushed markets higher even as Brent surged 15%. With the Fed, Big Tech earnings, and GDP all due this week, the rally is about to be tested.

Apr 26, 20266 min read