Cross-asset strategy: This week’s Fed reiteration that it won’t hike for about three years despite extraordinary fiscal stimulus is extending the repricing of risk premia across financial markets. For us, the direction of risk premia is unambiguously higher in Bonds (high breakevens, steeper curves), but lower in Equities, HY Credit and Commodities (less earnings, default and inventory risk) and…
J.P. Morgan: The other sting in the tail from fiscal policy; higher taxes and the Value rotation
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The Recession Resistance
Seth Golden, , Research Reports, 0
By Jim Paulsen of The Leuthold Group Inflation has been slowing for the last several months and finally appeared...
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Merrill Lynch: Capital Market Outlook (CMO)
Seth Golden, , Research Reports, 0
Macro Strategy—Time to End Quantitative Tightening Fast Approaching: Quantitative tightening (QT) has reached its limits in the regional banking...
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Retail Reporting Season Begins With Monthly Retail Sales Ahead
Seth Golden, , Research Reports, 0
“The retailers are reporting, the retailers are reporting”! Some of the biggest names in the retail sector have started...
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Be Careful With A Long VIX Strategy
Seth Golden, , Research Reports, 0
Three trading weeks have been logged in the New Year and with that… still no signs of increasing volatility...
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Will Markets Give Investors Another Dip to Buy?
Seth Golden, , Research Reports, 0
Over the last 2-3 weeks, Finom Group has outlined our market outlook during the bear market saga, by forecasting...
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Recovering, Not Yet Recovered
Seth Golden, , Research Reports, 0
Welcome back ladies and gentlemen! This weekend’s Research Report will be abbreviated, as we maintain our outlook for 2024,...
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Markets Are On Knife’s Edge
Seth Golden, , Research Reports, 0
Welcome back Finom Group members! As we kick-off the monthly reporting cycle, we are recognizing gains for the first...
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J.P. Morgan: Market Update, Earnings, Reopening Theme
Seth Golden, , Research Reports, 0
We remain constructive on equities and see the latest round of growth and slowdown fears premature and overblown. Even...