Chris Weston

England

TV and Movies Writer at HITC

TV and Movies Writer at Celebrity Tidbit

Articles

Tariff noise ramps up once more

6 days ago | thearmchairtrader.com | Chris Weston

By Michael Brown, Senior Research Strategist, Pepperstone I regret to inform you that I must yet again start one of these notes on the subject of tariffs. We can all hope that, one day, there might be something more interesting to talk about!Anyway, it’s safe to say that President Trump wasn’t exactly pleased when he was informed by a journalist of the TACO – Trump Always Chickens Out – trade in the Oval Office last week.
US policy continues to support S&P 500 volatility

1 week ago | thearmchairtrader.com | Chris Weston

By Michael Brown, Senior Research Strategist, PepperstoneGuess who’s back, back again? Tariffs are back, tell a friend. Oh, yes, far from it being a calm Friday to ease us into a long weekend, and long weekend itself, President Trump had other ideas. Firstly, it was Apple NASDAQ:AAPL that found themselves in the President’s firing line, with Trump once again expressing his displeasure with iPhones being manufactured overseas, and not in the US.
The prospect of new all-time highs in global equity indices?

2 weeks ago | thearmchairtrader.com | Chris Weston

As we roll into the new trading week the US fiscal position continues to get increasing attention, with the House Budget Committee having a second attempt today at passing Trump’s reconciliation bill. We also look any further fallout from the Moody’s downgrading the US sovereign rating, although in reality this is semantics at play and the ratings change should have minimal lasting impact on the US Treasury market or swap spreads.
Oil dives, equities rally, Fed cautious

1 month ago | thearmchairtrader.com | Chris Weston

We start the new trading week with the oil markets getting increased attention with the OPEC+ alliance clearly fractured, with the Saudis pulling the threat of further output increases if there isn’t complete adherence to the set output limits – Brent crude futures open -4.2% as a result.
The market is trading on hope - not reality

1 month ago | thearmchairtrader.com | Chris Weston

By Michael Brown, Senior Research Strategist, PepperstoneAnother day of nonsense on the trade/tariff front on Friday; and yes, you’d be correct in thinking that all this is getting as tiresome as my tone suggests. In fact, it wasn’t just on the trade front that there were a deluge of headlines as the week wrapped up, but on almost every front imaginable, courtesy of a wide-ranging TIME interview with President Trump.
No let-up in capital fleeing the US

1 month ago | thearmchairtrader.com | Chris Weston

The Easter break is over, back to the grindstone we go. By Michael Brown, Senior Research Strategist, PepperstoneBack we go, though, to a market that is trading on the back of almost entirely the same themes that it was prior to the long weekend. Namely, a distinct lack of desire to take on risk, and notable concerns over the investability of the United States.
Tariff to-and-fro sparks run from US assets

1 month ago | thearmchairtrader.com | Chris Weston |Michael Brown

Surely this week can’t be quite as crazy as last. Surely?! No, I’m not going to take my chances on that one either, given how choppy things have been of late. By Michael Brown, Senior Research Strategist, PepperstoneAnyway, Friday. Another day, another tariff. At least that was the main macro theme, with China upping their levy on US goods imports to 125%, in retaliation to the retaliatory tariffs that were retaliation for retaliatory tariffs imposed earlier last week.
Everything looks ugly; everything will probably get uglier

2 months ago | thearmchairtrader.com | Chris Weston

There is no good news. The financial markets are getting ugly. Things will probably get uglier still. By Michael Brown, Senior Research Strategist, PepperstoneYep, this morning’s note is going to be a depressing one. At this point, I’m quickly running out of adjectives to describe how gloomy sentiment is becoming, and how grim the economic outlook now appears. Plus, both of those are likely to get considerably worse, before improving.
De-risking rolls on as tariff noise ramps up

2 months ago | thearmchairtrader.com | Chris Weston |Michael Brown

We saw a risk-averse end to the week on Friday, with haven demand notable across the board, as participants once more trimmed exposures into the weekend, cognisant of potential gapping risks. By Michael Brown, Senior Research Strategist, PepperstoneFriday, on the whole, was a day that lacked significant catalysts, at least those that materially moved the needle in terms of the broader outlook.
Tariff Turbulence: Trading the Market Countdown to “Liberation Day”

2 months ago | thearmchairtrader.com | Chris Weston

Anticipation and pre-positioning ahead of Trump’s “Liberation Day” on 2 April and the impending deluge of tariff-related announcements that will follow in the days/weeks after will be a growing factor that drives price action, sentiment and liquidity in markets this week.