Corporate earnings growth and interest rate movements are likely to more directly impact equity prices.

The stock market fallout of shifting expectations for November’s election will likely be “very short term,” Sevens Report founder Tom Essaye wrote to clients, as more directly impactful developments like corporate earnings growth and interest rate movements are likely to more directly impact equity prices.

Tom Essaye Quoted in Barron’s on August 9th, 2023

The Italian government clarified that a windfall tax on bank profits would be capped, sparking a relief rally in European…Essaye writes.

Tom Essaye Quoted in Barron’s on August 9th, 2023

Consumer gasoline demand has collapsed at a record pace in recent weeks…wrote Sevens Report’s Tom Essaye.

Will Today’s CPI Report Extend the Pullback?

What’s in Today’s Report: Market Multiple Table chart (August update), CPI preview, EIA analysis and oil market update.

multiple

Market Multiple Table: August Update

What’s in Today’s Report: Market Multiple Table – August ipdate, Oil testing 2023 highs – Chart, and more…

What Is the Yen Carry Trade?

What’s in Today’s Report: What is the Yen Carry trade and why does it matter to markets? Manheim Used Car Index takeaways, and more…

Tom Essaye Quoted in Barron’s on August 3rd, 2023

The stronger-than-expected ADP jobs report pushed the dollar and long-dated Treasury yields higher on Wednesday, as the…Tom Essaye wrote.