Q1 Macro Review 🧐
Markets strongly rallied in Q1 on #AI euphoria despite delayed #RateCut expectations
New Year, New Market 2024 🎉
Overall, we’re optimistic for 2024. We still expect rate cut timing volatility near-term, but more confident we’ve entered the next bull market pending a mild recession this year.
Slowing Inflation 🐌
Markets extend rally as inflation slows ahead of expectations
Extended Oil Cuts 🛢️
“Goldilocks” optimism reverses on extended OPEC production cuts and stronger jobs data
Credit Crunch 🏦
Mixed week as markets digest potential bank rating cuts, slowing inflation and more China tension.
Tensions Rising 🌡
Mixed labor signals as investors continue to weigh rate hike and recession odds.
Playing Recession Chicken 🚘
Market rallies on Fed pivot optimism, but labor still too hot
Double-Edged Labor Market ⚔
The jobs report didn’t get the recession memo…
Risk ON 🚀
Growth leads markets higher as S&P 500 extends July gains
New Adventures of Old Auto 🚘
💸 Yields keep on rising. For 3rd straight week, #RisingYields continue tacking on another 9%. Surging energy prices, strong #COVIDRecovery data and incoming Fed action continues to drive #InflationFears and #Flight2Safety rotation. 🇨🇳 Biden/Xi virtual summit. White House reengaging Beijing holding a virtual summit later this year. Markets popped Thursday on #ChinaTension relief with S&P 500 finishing +1% for week. 🚙 Legacy auto in spotlight. General Motors Read More