Cross-Asset Strategy: While growth risks are elevated, our base case looks for an acceleration in global growth in the second half of the year, led by China, and a moderation in inflationary forces that should allow central banks to pivot. Last week’s strong US jobs print should allay concerns that the economy has already slipped into recession, though cements the…
With only a week of trading under our belts in 2017, maintaining a core short position in ProShares Ultra...
Good weekend investors/traders and happy holidays. As I embark upon my December vacation, please stay connected to our weekly...
The ECI is the best measure of wage growth, but you still need to look under the hood, not...
When momentum develops, it can become a driving force greater than fundamentals and rational considerations. Such was the case...
Like many a retailer before Target (TGT), the big-box department store chain announced a dismal sales performance for the...
There are now at least 4 key ingredients drawing upon investor fears and which have resulted in a May,...
Our discussions with clients are narrowing to two primary topics: Earnings and Inflation. On the former, we hear many...
Macro Strategy—Businesses have responded to unprecedented U.S. consumer-demand strength and rising capacity utilization rates by bringing real equipment investment...
