forward-notes · Feb 2, 2025

Forward Note - 2025/02/02

Out of 52 weeks in a year, our selective memory only keeps a few: when it comes time to recap 2025, this one will undoubtedly be in the top five.

forward-notes · Jan 26, 2025

Forward Note - 2025/01/26

Equity markets rose steadily this week as President Trump took office on Monday, riding the wave of relief generated by last week’s CPI numbers. The US economy might not

forward-notes · Jan 19, 2025

Forward Note - 2025/01/19

All the pent-up tension from the past six weeks unraveled in… one morning. On Wednesday, we learned that inflation came in slightly lower than expected, triggering a powerful rally that

forward-notes · Jan 12, 2025

Forward Note - 2025/01/12

Another week under the chopping machine. Equity markets shed about 2% last week despite a shortened trading schedule due to Thursday’s state funeral for President Carter. Most of the

forward-notes · Jan 5, 2025

Forward Note - 2025/01/05

A business week straddling two calendar years, with market action mirroring the symmetry. Monday started quietly, only to give way to a distressed Tuesday. At that point, many chalked it

forward-notes · Dec 22, 2024

Forward Note - 2024/12/22

We will take a break and come back in early January. Happy holidays to everyone. If you are not subscribed yet, here is a 46% discount until the end of

forward-notes · Dec 15, 2024

Forward Note - 2024/12/15

If you are not subscribed yet, here is a 46% discount until the end of the year and the story to justify it. We were on course for three weeks

forward-notes · Dec 8, 2024

Forward Note - 2024/12/08

If you are not subscribed yet, here is a 46% discount until the end of the year. Last week was so quiet that we might have sworn it was still

forward-notes · Nov 24, 2024

Forward Note - 2024/11/24

Last week brought relief to US equities, wiping away most of the previous week's losses. The S&P 500 jumped 1.65%, pushing back toward the 6000