January 25, 2025
Markets
Markets
We had another strong week with multiple record highs among the largest equity indices

We had another strong week with multiple record highs among the largest equity indices
Cool US inflation, strong earnings by the financials, and the official Trump memecoin
Donald Trump launched the most successful memecoin in history, three days before taking office
JPMorgan, Goldman Sachs, and Morgan Stanley all broke out to new record highs after blowout Q4 earnings
It was a strong week for most equity markets around the world, although a couple stood out as big underperformers
PPI and CPI for December came in cooler than expected and sent risk assets higher while bond yields plummeted