Macro Strategy
- Macro Minute Video
- Macro Minute Video
Video: Macro Minute: As we enter final week of June, global economy strengthened while inflation weakened = stocks up for "right" reasons and well setup for July
VIDEO: As we enter final week of June, the global economy's fundamentals strengthened this month, while inflation weakened = stocks up for the right reasons Please click below to view our Macro Minute (duration: 3:37). https://vimeo. com/966242402/2f50341fb4? share=copy _____________________________ 36 GRANNY SHOT IDEAS AND 44 SMID GRANNY SHOT IDEAS: We performed our quarterly...
- First Word
The surge in new car inventory points to further goods deflation ahead = inflation falling like a rock = supportive of higher P/E
VIDEO: The important macro news this week is the piling up of new car inventory and this will put downward pressure on car prices and CPI Please click below to view our Macro Minute (duration: 3:58). https://vimeo. com/963877484/ab7d7d31c5? share=copy The S&P 500 has gained +0.75% in this shortened week and is tracking...
Macro Minute Video
Video: Macro Minute: JOLTS misses by -2.8 std dev as job market cools sharply = "bad news is good news." Rally at close in each of last 3 days is sign of institutional accumulation.
VIDEO: Stocks are inching higher in this first week of June. Notably, buying has taken place at the end of the day, which is historically...
Macro Minute Video
Video: Macro Minute: 6 reasons we see S&P 500 rising in June and possibly touching 5,500
VIDEO: We see a high probability that June is a positive month for stocks, supported by favorable economic and inflation data, as well as really...
First Word
Important macro week ahead and generally "bad news is good news" = markets prefer softer economic readings. But overall outlook for June positive
VIDEO: An important macro week ahead with the highlight being May jobs report on Friday. We overall remain dip buyers in June Please click below...
- Intraday Word
INTRADAY ALERT: June Core CPI +0.06% MoM, way below consensus +0.21%. Inflation FALLING LIKE A ROCK
THIS INTRADAY ALERT IS SENT SOLELY TO CLIENTS OF FUNDSTRAT GLOBAL ADVISORS June Core CPI released this am and came in at +0.06% MoM, versus consensus of +0.21%. Whoa. Inflation is falling like a rock. This is now the third "lower than expected" Core CPI and each of these is...
First Word
April CPI (next week) could increase market expectation of Fed cuts back to 2-2.5 (from 1.8). S&P 500 +1.7% week to date, a reminder "never short a dull market"
VIDEO: We discuss how next week's April CPI could increase market expectations for more Fed cuts. Please click below to view our Macro Minute (duration: 4:53). https://vimeo....
Macro Minute Video
Video: Macro Minute: April CPI (next week) could increase market expectation of Fed cuts back to 2-2.5 (from 1.8). S&P 500 +1.7% week to date, a reminder "never short a dull market"
VIDEO: We discuss how next week's April CPI could increase market expectations for more Fed cuts. Please click below to view our Macro Minute (duration: 4:53). https://vimeo....
First Word
5 takeaways from earnings season and why muted reaction to beats is not "late cycle" signal.
VIDEO: The muted reaction to positive EPS, in our view, reflects the cautious macro views (uncertainty) given the stubborn inflation reports. 1Q24 EPS seems more...
Macro Minute Video
Video: Macro Minute: 5 takeaways from earnings season and why muted reaction to beats is not "late cycle" signal.
VIDEO: The muted reaction to positive EPS, in our view, reflects the cautious macro views (uncertainty) given the stubborn inflation reports. 1Q24 EPS seems more...
