Macro Strategy
- Macro Minute Video
- Macro Minute Video
Video: Macro Minute: Despite +8% rally in the Russell 2000, institutional short interest is near record levels
VIDEO: We continue to expect a sizable positive rise in small-caps in the next 10 weeks, and history shows the bulk of the move is after week 2. Institutions still near record short on small-caps. Please click below to view our Macro Minute (duration: 03:09). https://vimeo. com/984487614/9fa770a1bd? share=copy _____________________________ 36 GRANNY SHOT...
- First Word
5 reasons June CPI gave "green light" for small-caps to continue to rally. Failed assassination attempt against Trump positive for Bitcoin, Cyclicals.
VIDEO: The astonishingly low June CPI is giving the green light for small-caps to rally. We discuss how large a rally we could expect Please click below to view our Macro Minute (duration: 6:05). https://vimeo. com/984052617/55686e3787? share=copy The major event over the weekend is the failed assassination attempt against former President Trump. This...
First Word
INTRADAY ALERT: June jobs report incrementally dovish = incrementally positive for stocks
THIS INTRADAY ALERT IS SENT SOLELY TO SUBSCRIBERS OF FS INSIGHT Today's June job report was inline, despite a headline beat of jobs added at...
First Word
Powell today at Sintra confirms Fed acknowledging softer inflation, a contrast to FOMC meeting.
VIDEO: The key data release is Friday's June jobs report. If it is as weak as Goldman expects (50k below consensus), this should lead to...
Macro Minute Video
Video: Macro Minute: Powell today at Sintra confirms Fed acknowledging softer inflation, a contrast to FOMC meeting.
VIDEO: The key data release is Friday's June jobs report. If it is as weak as Goldman expects (50k below consensus), this should lead to...
- First Word
Important Earnings and macro week ahead. June PCE (Fri) likely to shift higher odds of both July and Sept cut. Supporting "summer of small cap" rally.
VIDEO: President Biden officially announced he is not seeking re-election. While there may not be major market implications, the odds of a Trump White House remain >60% and with June PCE this week, could act as a catalyst for small-caps. Please click below to view our Macro Minute (duration: 5:59). https://vimeo. com/988136546/6c60dbab91?...
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...
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...
Macro Minute Video
Video: Macro Minute: 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...
Macro Minute Video
Video: Macro Minute: Median P/E (2025) ~16X, same as start of year = stay constructive. Softer retail sales and Manheim pricing raises odds of sooner Fed cuts.
VIDEO: The median multiple of the S&P 500 stock is still 16X P/2025 EPS, very reasonable in our view. Softer incoming data this week points...
