Friends – Activity – Ben Hoben

Seth Golden posted an update 3 years, 11 months ago

Jan Hatzius explains why Goldman is right and consensus is wrong: “Our global growth numbers remain well above consensus because we think too many forecasters are…

Screen Shot 2020-12-08 at 8.24.35 AM

[Read more]

Seth Golden posted an update 3 years, 11 months ago

BofA:

Seth Golden posted an update 3 years, 11 months ago

Goldman Sachs:

Seth Golden posted an update 3 years, 11 months ago

To start November, systematic strategies were running $240 billion worth of long exposure compared to a max long of $530 billion of exposure in February, so plenty of scope to add. During the middle of November, it was forecasted approximately $12B billion worth of systematic buying per day with the VIX ending November at 20.57, its lowest close…[Read more]

Seth Golden posted an update 3 years, 11 months ago

OUCH!! The JPM Chase sample of 30mm Chase debit and credit card holders saw a 19% YoY fall in their Black Friday spending. The data shows a shift to online spending,…

Screen Shot 2020-12-02 at 6.37.06 AM

[Read more]

Seth Golden posted an update 3 years, 11 months ago

This is an important development. Global stocks have been in a bear market since Jan 2018. When a breakout like this occurs… anticipate a retest before more upside,…

Screen Shot 2020-11-30 at 5.22.41 AM

[Read more]

Seth Golden posted an update 3 years, 11 months ago

According to Pay with GasBuddy data, gasoline demand last week (Sun-Sat) was down 7.3% from the prior week.

Screen Shot 2020-11-30 at 5.21.10 AM

Seth Golden posted an update 3 years, 11 months ago

Goldman Sachs Economic Outlook:

Screen Shot 2020-11-24 at 6.27.15 AM

Seth Golden posted an update 3 years, 11 months ago

J.P. Morgan:

Screen Shot 2020-11-27 at 6.24.58 AM

Seth Golden posted an update 3 years, 11 months ago

Seth Golden:

Screen Shot 2020-11-24 at 7.36.11 AM

Seth Golden posted an update 3 years, 11 months ago

Morgan STanley’s Mike Wilson

Seth Golden posted an update 3 years, 11 months ago

Goldman Sachs’ economic forecast

Screen Shot 2020-11-24 at 6.27.15 AM

Seth Golden posted an update 3 years, 11 months ago

From 2014-2018 Janet Yellen as Fed Chair, SPX up 58% over this time period.

Screen Shot 2020-11-23 at 3.24.41 PM

Seth Golden posted an update 3 years, 11 months ago

Roughly $62/points weekly expected move for S&P 500

Screen Shot 2020-11-22 at 8.19.48 AM

Seth Golden posted an update 3 years, 11 months ago

Goldman Sachs: “Additional fiscal support still looks likely but Congress has made virtually no progress since the election. With Congress now on Thanksgiving recess this further reduces the odds that Congress will pass major COVID relief legislation in December. Instead, it looks more likely that Congress will add provisions to the spending bill…[Read more]

Seth Golden posted an update 3 years, 12 months ago

Michael Cembalest of J.P. Morgan