Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The kids are home from school today and the markets have been pretty volotile so getting off to a bit of a late start. Let me know if
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Two things happened this week that look contradictory and aren't: the AI trade cracked, and the bond market rallied hard. Both carry the same
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Friday's selloff in chipmakers and AI-linked stocks was the worst session since July, and it got worse into the close. This morning those
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Oil is back above $106 a barrel, a two-week high, after strikes on Riyadh's airport put Gulf supply and Red Sea shipping back
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Consumer sentiment fell more than expected this morning, and the detail underneath it is the real story: how Americans feel about their finances right now dropped
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. Note: I had some technical difficulties with ppublication yesterday, so I have done my best to update the letter to Tuesday's info, but I apologize if
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup The September jobs report came in badly short: 29,000 jobs added, against roughly 85,000 expected. July and August were revised down by a combined
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Talks between Washington and Tehran stalled over the weekend, and oil is up about 4% because of it. That's this morning's headline,
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup The 10-year Treasury yield touched roughly 5.16% yesterday, its highest since 2007. That number, not the stock tape, is the story of this week,
Your premarket read — what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup Oil is falling for a fourth straight session and Treasury yields are easing back from their post-Fed highs. Cheaper energy and slightly cheaper money is
Your premarket read, what moved overnight, and what it means for long-term investors. A 3-minute brief from Kodiak Capital Advisors. The Setup August inflation landed at 8:30 this morning: consumer prices rose 0.4% in the month, putting the annual rate at 3.4%. Gasoline did most