Dear Mr. Investor,
US stocks continued to hit new all-time highs, with the S&P 500 closing above 5,800 for the first time. Consumer prices for September came in hotter than expected, and the market is now pricing in an 89% probability of a 25 basis point reduction in November. In corporate news, Tesla’s stock fell over 8% amid disappointment regarding its robotaxi rollout, while JPMorgan Chase reported strong net interest income, investment and trading revenue.
Please find enclosed our weekly newsletter.
Regards,
Asas Capital Team
- October 15, 2024
Weekly Newsletter – 11th October , 2024
- August 4, 2026
Weekly Newsletter – 31st July, 2026
Oil’s spike proved short-lived as Trump signaled a truce with Iran over the Hormuz corridor, sending Brent tumbling…
- July 28, 2026
Weekly Newsletter – 24th July, 2026
Markets closed a volatile week lower as oil, inflation fears, and mega-cap tech earnings collided. Brent crude swung…
- July 20, 2026
Weekly Newsletter – 17th July, 2026
Oil spiked 10-14% as US-Iran strikes intensified Hormuz tensions, while soft CPI/PPI data eased Treasury yields but left…