I am presenting at the Dallas CFA Society Friday morning. This is my presentation. The two key slides are below.
Bottom line: there are only a few things that need to go right and market breadth will expand in the next 12 months. Thus, continue to “buy the dip”
Please CLICK HERE to access the presentation in PDF format.
Key incoming data November11/01 9:45am ET S&P Global PMI October Final Tame 11/01 10am ET JOLTS Job Openings September Mixed 11/01 10am ET October ISM Manufacturing Tame 11/01 10am ET Treasury 4Q23 Quarterly Refunding Press Conference Tame 11/01 2pm ET FOMC Rate Decision Dovish 11/02 8:30am ET: 3Q23 Nonfarm Productivity Tame 11/03 8:30am ET October Jobs Report Tame 11/03 10am ET October ISM Services Mixed 11/07 9am ET Manheim Used Vehicle Index October Final Tame 11/10 10am ET U. Mich. November prelim Sentiment and Inflation Expectation 11/14 8:30am ET October CPI 11/15 8:30am ET October PPI 11/15 8:30am ET November Empire Manufacturing Survey 11/15 8:30am ET October Retail Sales Data 11/16 8:30am ET November New York Fed Business Activity Survey 11/16 8:30am ET November Philly Fed Business Outlook Survey 11/16 10am...