December Thoughts: Zig-zag our way to a "soft landing" = YE rally

We discuss: We discuss how upcoming macro data might give conflicting messages on inflation/growth and thus rates could be volatile in Dec, which causes equities to zig-zag.  But ultimately, YE rally intact.

Please click below to view our Macro Minute (Duration: 5:02).

It seems like retail sales Black Friday have come in +2% to +5% above last year's levels, or a new record. In real-terms, this is sort of flat, so I would not look at strong ...

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