Daily Note 18/08/2022 – Market View: Day Ahead, Macro, Stocks, Debt Markets

18.08.2022

  • A weak session for risk assets yesterday with Europe, the UK, and US markets all down.
  • We are removing Apple from our Analyst Conviction List this morning, with last night’s closing price representing a 15% profit from our entry price. However, we continue to have a Buy recommendation on Apple with a $186 price target currently offering around 7% upside.
  • Core bond yields moved higher yesterday.