Macro Strategy
- First Word
- Macro Minute Video
Video: Macro Minute: The CPI, PPI and NY Fed reports show so much disinflation, markets are skeptical. But this week reinforces our view inflation is falling like a rock = supportive of higher P/E into year-end
VIDEO: The key inflation reports this week CPI, PPI, NY Fed were dovish. And the magnitude of improvement so significant, markets are skeptical Please click below to view our Macro Minute (duration: 3:55). https://vimeo. com/957907386/37d139a945? share=copy _____________________________ 36 GRANNY SHOT IDEAS AND 44 SMID GRANNY SHOT IDEAS: We performed our quarterly rebalance on...
- Intraday First Word
INTRADAY ALERT: May core CPI downside of +0.16% mom affirms rationale to buy stocks this week and into month end
May Core CPI released this am and it was a huge downside reading at +0.16% mom versus +0.28% consensusThe driver of the downside read was several but the most important was auto insuranceThis was adding +0.06% to core last month and was zero this month (+0.0%)Huge difference and a major...
Macro Minute Video
Video: Macro Minute: Stocks weaken last 2 days as inflation concerns resurface. We see this as a "false flag" and want to buy the dip
VIDEO: We discuss how the resurfacing of inflation concerns is a bit of a false flag. We would buy this dip. Please click below to...
Macro Minute Video
Video: Macro Minute: We see NVDA results good enough to pull cash off sidelines for market broadly. When considering global labor shortage, seems early days for AI
VIDEO: We discuss several things tonight. NVDA likely pulls money off sidelines. Broader market multiples likely expand as well. Please click below to view our Macro Minute (duration: 04:17)....
First Word
We expect NVDA and broader rally post-NVDA results, pulling cash off sidelines. CDNS and SMCI attractive corollary plays.
VIDEO: We think cash moves off the sidelines post-NVDA results. We highlight 20 stocks most correlated to $NVDA. Please click below to view our Macro Minute (duration:...
- Macro Minute Video
Video: Macro Minute: If June Core CPI (7/11) below +0.25%, likely triggers rotations in small-caps, Industrials, Financials and "laggard" FAANGs
VIDEO: If June Core CPI is as soft as we expect, we think this triggers a rotation to small-caps, industrials and Financials as well as towards "laggard" FAANGS. Please click below to view our Macro Minute (duration: 4:38). https://vimeo. com/981666643/da10f0a56a? share=copy _____________________________ 36 GRANNY SHOT IDEAS AND 44 SMID GRANNY SHOT IDEAS: We...
First Word
Stocks survive "fragility test" of April. Roadmap for May more constructive = recovery towards S&P 5,200
VIDEO: Stocks likely fare better in May, after surviving the "fragility test" in April. Also, lots of important macro data this week Please click below...
Macro Minute Video
Video: Macro Minute: Stocks survive "fragility test" of April. Roadmap for May more constructive = recovery towards S&P 5,200
VIDEO: Stocks likely fare better in May, after surviving the "fragility test" in April. Also, lots of important macro data this week Please click below...
First Word
Two steps forward, one step back, yet equities still up 1% for the week. Friday's March PCE important.
VIDEO: This has been a challenging week for markets, but the overall message to us is companies are delivering strong earnings and investors are still...
Macro Minute Video
Video: Macro Minute: Two steps forward, one step back, yet equities still up 1% for the week. Friday's March PCE important.
VIDEO: This has been a challenging week for markets, but the overall message to us is companies are delivering strong earnings and investors are still...
