Macro Strategy
- First Word
- Macro Minute Video
Video: Macro Minute: We continue to see the steep drop from Wed (-3%) as a "buy the dip" moment. Fundamentals remain strong.
VIDEO: We discuss how the Fed remains dovish and fundamentals remain strong, thus, we are buying this deep dip. Please click below to view our Macro Minute (duration: 6:46) https://vimeo. com/1040995224/86644af959? share=copy _____________________________ 44 SMID GRANNY SHOT IDEAS: We performed our quarterly rebalance on 11/25. Full stock list here -> Click here ______________________________ PS: if...
- First Word
VIX surges 74%. 4 reasons probabilities argue this panic dip will be bought.
Equity markets fell sharply post-Dec FOMC rate decision, with losses of 3% to 5% across all major indices. The Fed is forecasting fewer cuts in 2025 (based upon their SEP, aka Summary Economic Projections) to 2 cuts compared to 3 cuts expected by markets (Fed Funds futures).There was an across...
Macro Minute Video
Video: Macro Minute: 2025 Year Ahead - Two “puts” make a right - After 20% back-to-back, Mid-year 7,000, Year-end 6,600
PLEASE JOIN US TOMORROW AT 1PM ET FOR OUR 2025 YEAR AHEAD OUTLOOK. Register HERE. Please click below to view our Macro Minute (duration: 5:29). https://vimeo. com/1038001660/7ba01aaa43?...
Macro Minute Video
Video: Macro Minute: NY Fed consumer survey shows improvement, but could be political bias. Markets now entering "zone of uncertainty
VIDEO: The risk/reward is challenged near term due to the key incoming macro data, but we still see a YE rally Please click below to view...
First Word
Trump plans to keep Powell = near-term positive. Nov CPI released on Thu. Syria toppling over weekend barely moves Bitcoin (proxy for risk-assets).
VIDEO: There were several notable headlines over the weekend, including the toppling of Syria and President Trump interview on NBC's Meet the Press Please click below...
- First Word
Santa rally faltering, but fundamentals remain solid. Weakness into YE arguably positive for gains in early 2025.
VIDEO: We view the weakness in equities since Dec 24th as largely due to profit taking and arguably the drop in market breadth is somewhat constructive for early 2025 Please click below to view our Macro Minute (duration: 5:00) https://vimeo. com/1042838367/722406ccfa? share=copy Equities are down -1.2% over the past week (since Dec 24)...
First Word
4 reasons we see December rally to S&P 500 6,300. But with risk of "zone of hesitation" in next 2 weeks. Buy the dips
VIDEO: We see 4 reasons stock rally in December with S&P 500 reaching 6,300. But we discuss the possible reasons for a "zone of hestiation"...
Macro Minute Video
Video: Macro Minute: 4 reasons we see December rally to S&P 500 6,300. But with risk of "zone of hesitation" in next 2 weeks. Buy the dips
VIDEO: We see 4 reasons stock rally in December with S&P 500 reaching 6,300. But we discuss the possible reasons for a "zone of hestiation"...
Intraday Alert
Oct Core PCE +0.27% MoM is +0.23% ex-magazines. Affirms inflation "falling like a rock" and Fed stays dovish
Today's Oct Core PCE came in at +0.27% MoM, slightly better than consensus of +0.28%. The YoY came in at +2.80% YoY. The details of...
Macro Minute Video
Video: Macro Minute: Our Oct survey of institutional investors shows far fewer see MAG7 leading in 2025
VIDEO: Our monthly survey of clients shows that only 48% of institutions see MAG7 leading in 2025 (64% FS insight) and instead tilting towards pure...