Macro Strategy
- Macro Minute Video
- Macro Minute Video
Video: Macro Minute: 5 reasons why we expect equities to rally post-June Core CPI and supporting a rotation into small-caps, Industrials and Financials
VIDEO: There are 5 reasons we expect stocks to rally post June Core CPI, even if the Core CPI is >+0.25% MoM. Please click below to view our Macro Minute (duration: 04:34). https://vimeo. com/982265105/5ee2b35a1d? share=copy _____________________________ 36 GRANNY SHOT IDEAS AND 44 SMID GRANNY SHOT IDEAS: We performed our quarterly rebalance on 4/16....
- First Word
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 Our base case remains that July is a positive month for...
Macro Minute Video
Video: Macro Minute: Incoming data this week points to weaker inflation in months ahead = positive. By contrast, Fed speak leans "hawkish" given (hard) data dependence
VIDEO: The incoming data this week – from Case-Shiller home prices, Target price announcements, McDonald's $5 value meal – all point to weakening inflation pressures,...
First Word
GRANNY SHOTS: June 2024 Super Granny update
TO DOWNLOAD THE SLIDE DECK FOR OUR GRANNY SHOTS WEBINAR, PLEASE CLICK HERE. SUPER GRANNIES: 5 SUPER AND 5 SLEEPER “Super Grannies” (most timely) and...
Macro Minute Video
Video: Macro Minute: Case-Shiller April price data (Tue 9am ET) likely to confirm home prices YoY set to roll over. Also, Bitcoin selloff from Mt Gox only temporary
VIDEO: The year ago Case-Shiller home prices were rising ~0.80% MoM April thru Sept, and the pace in 2024 is more like +0.30% MoM. This...
- First Word
Summer of Small-cap intact. The -4% correction mirrors the Oct-Dec 2023 -5% correction. There was none after that.
VIDEO: The current small-cap rally is tracking the Oct-Dec 2023 rally closely, including the timing of this pullback. So, we remain confident this is the Summer of Small caps. Please click below to view our Macro Minute (duration: 5:46). https://vimeo. com/986834961/cfd454f88f? share=copy As we stated earlier this week, we believe this is...
First Word
We expect markets to rally post-CPI and post-FOMC because consensus too "hawkish" into Wednesday.
VIDEO: Overall, we expect markets to rally post-CPI and post-FOMC given the anxiety ahead of the release. Please click below to view our Macro Minute (duration: 5:04)....
Macro Minute Video
Video: Macro Minute: We expect markets to rally post-CPI and post-FOMC because consensus too "hawkish" into Wednesday.
VIDEO: Overall, we expect markets to rally post-CPI and post-FOMC given the anxiety ahead of the release. Please click below to view our Macro Minute (duration: 5:04)....
Macro Minute Video
Video: Macro Minute: NY Fed consumer survey shows inflation expectations back to pre-pandemic levels, mirroring U Mich. More reason why probabilities favor higher stocks post-FOMC
VIDEO: We discuss how the soft data shows inflation expectations back to pre-pandemic levels, as seen in both U Mich/NY Fed consumer surveys and even...
First Word
May CPI and June FOMC (both Wed this week) likely viewed positively by equities. Equities positive 5D later 5 of last 6 FOMC meetings.
VIDEO: The key event this week is Wed with CPI and FOMC. While markets are generally anxious into these meetings, we discuss why history shows...
