Emily Henderson

While Rory McIlroy was busy securing his second consecutive Green Jacket in a masterclass of Sunday composure, Wall Street woke up today trying to avoid its own geopolitical triple-bogey of Hormuz havoc. Markets initially recoiled as failed U.S.-Iran negotiations and a looming blockade sent oil prices gushing back above $100 per barrel, reigniting the specter of 4% headline inflation. However, the afternoon session saw a sharp reversal after President Trump suggested Tehran might be ready to de…

It feels sobering to write but for the first time in a long time I am starting to feel genuinely bearish. With my luck I may well be calling the bottom, but the wheels are turning and I think it’s fair to say that investors are grappling with more questions than answers, this market is not for the faint of heart, and Trump’s TACO with Iran can only hold on for so long. Today’s session began singing a very similar tune to last Monday with an early Trump tweet flipping the script to progress with…

I have to say watching Nvidia’s GTC Keynote today did feel like an otherworldly experience. It wasn’t the “at least 1 trillion in revenue by 2027” line from CEO Jensen Huang that sent me spiraling but rather that at a certain point, we stopped speaking the same language. Between Vera Rubin, flops, second-generation-quantum-InifiBand-NV-linked-72s, and terabytes per second I eventually had to cry Uncle and resign myself playing catch up. I did wake up from my mind-mess, however, when Huang menti…

Fed days are normally my favorite days but with the committee voting to press pause on rate cuts in a widely expected move, there was little left up for debate and investors hit the snooze button. Despite journalist’s best efforts Chair Powell closed out his third to last Fed Day with class, offering advice to his successor to stay out of elected politics while refraining from commenting on the current turmoil. For the nerdiest of Fed watchers out there, today’s meeting shone a fresh light on t…

Equities were off to the races early today. Taiwan Semiconductor’s earnings report breathed fresh life into tech names as bulls found comfort in TSMC’s outlined $56 billion in capex for 2026. The rising tide did lift peers with other semiconductor stocks rallying premarket, including ASML and NVDA, both of which TSMC is a key manufacturer. Some economic data also helped lift sentiment as jobless claims hit the lowest level since November, further evidence of a resilient labor market. However, t…

There’s been a lot of talk about resolutions over the past few days but personally I’m not one for the whole “new year, new me” mantra. I thought there might be some room for equities to at least try to shake it up but today did feel a bit like picking up right where we left off in 2025. All-time highs, a few Nvidia partnership announcements, and AI commentary rocking the boat. The contrarian in me can’t help but pause and wonder if anecdotes like the Bank of America fund managers’ survey showi…

Equities took a breather today with headline indices posting modest losses amid a torrent of merger Monday headlines. On Friday we heard that Netflix (-3.4%) had announced the acquisition of Warner Brother’s Discovery (+4.4%), and while the deal was always going to be under scrutiny for antitrust concerns, one supposed reason Warner chose Netflix was certainty of execution and potential regulatory favor. Paramount Skydance (+9%) mounted a response today, taking their bid for WBD directly to sha…

It does feel a bit like the ground is shifting under our feet. The Fed was playing a high stakes game of will they/won’t they when it comes to a December rate cut. The CME group FedWatch tool has seen odds shift in dramatic swings of >20%, but it does now feel like a cut is the comfortable conclusion. This morning when I attempted to check however, the website had crashed and frankly I think that says a lot about how investors are growing weary of the stark divisions in the Fed. Secondly but by…

A risk-off day never feels good, but it did feel overdue. The past few weeks have seen echoes of un-comfortability around AI and a dearth of economic data – leading equities to wobble. While economic data is now back insight the jury is still out on whether we are starting to stare down an AI bubble and today saw investors take chips off the table. Semis weighed on price action like an anchor with the likes of Intel (-5.2%), Lam Research (-5%), and Advanced Micro Devices (-4.2%) deep in the red…

The Super Bowl for stock pickers awaits! Roughly 44% of the S&P 500’s market cap is set to report this week, with about 25% coming from just five names: Microsoft (+1.5%), Alphabet(+3.6%), Meta Platforms (+1.7%), Amazon (+1.2%), and Apple (+2.3%). The heavy hitters will share the spotlight on Wednesday and Thursday, while Wednesday’s FOMC meeting feels more like a side note—especially with a 25bp rate cut all but guaranteed. The more nuanced discussion will likely center around the potential ha…