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Tom Essaye Quoted in Barron’s on April 21st, 2023

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Stocks Gain on Signs of Economic Distress

“Since April 3, we’ve seen the yield on the 1-month Treasury bill fall from 4.7% to 3.9%, as investors have shunned near-term Treasury bills that might get caught up in the debt ceiling fight. Conversely, the 3-month Treasury bill yield has risen from 4.9% to 5.2% since April 3, as investors have sold that debt as it will be subject to potential increased volatility as the debt ceiling fight comes to a head,” Tom Essaye, founder of the Sevens Report, wrote Friday. Click here to read the full article.

 

Tom Essaye Quoted in Barron’s on April 19th, 2023

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The Dow Slips as Earnings Ramp Up

“If earnings news is not encouraging today, and yields continue to move higher over the course of the session, the selling pressure on equities is likely to continue and liable to accelerate,” wrote Tom Essaye, founder of the Sevens Report. Click here to read the full article.

Tom Essaye Quoted in Barron’s on March 29th, 2023

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Markets Pop as Banking Fears Ease, Tech Stocks Rally

“The UBS move is easing some of the angst surrounding the recent turmoil in the banking sector,” wrote Tom Essaye, founder of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in Barron’s on March 24th, 2023

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Stocks Gain as Volatile Week Ends

“Bottom line, banks have reemerged as the primary influence on markets in the back half of the week and if the weakness in the sector continues today, stocks will have a very hard time extending yesterday’s modest bounce,” says Tom Essaye, the founder of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in Barron’s on February 10th, 2023

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Dow Rises, but Higher Bond Yields Weigh on Tech Stocks

“Global bond yields moved higher after Nikkei reported Kazuo Ueda will become the next BOJ governor, and not the ultra-dove Masayoshi Amamiya (who was expected),” wrote Sevens Report’s Tom Essaye. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 21st, 2022

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Dow Soars 500 Points as Consumer Data Adds Some Cheer

“Stocks are digesting the declines of the past two weeks and while there are some notable employment and inflation numbers looming on Thursday and Friday, the bottom line is the calendar into year-end should be mostly quiet, again barring any material surprises,” Tom Essaye, the founder of Sevens Report Research, wrote Wednesday. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 29th, 2022

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The Nasdaq Jumped Over 2% as Markets Staged a Relief Rally

“In China, Covid-19 cases continue to explode higher and there were reports of overwhelmed hospitals, but officials are proceeding with a full economic reopening.” said Tom Essaye, the founder of Sevens Report Research. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 21, 2022

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Dow Soars 500 Points as Consumer Data Adds Some Cheer

“Stocks are digesting the declines of the past two weeks and while there are some notable employment and inflation numbers looming on Thursday and Friday, the bottom line is the calendar into year-end should be mostly quiet, again barring any material surprises,” Tom Essaye, the founder of Sevens Report Research, wrote Wednesday. Click here to read the full article.

Tom Essaye Quoted in Barron’s on December 19th, 2022

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Stocks Fall to Start the Week as Recession Worries Linger

“A lot of people are throwing in the towel on the year, for lack of a better word, and you’re seeing people sort of remove some of those hopeful year-end bullish bets,” Tom Essaye, founder of Sevens Research, told Barron’s on Monday. Click here to read the full article.

Tom Essaye Quoted in Barron’s on November 11th, 2022

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Stocks Gain After Their Best Day Since 2020

“Renewed hopes for peak Fed hawkishness on the back of cooler-than-expected domestic inflation data unleashed a historic rally in equities,” writes Sevens Report’s Tom Essaye. Click here to read the full article.