At first glance, U.S. equities seem to be riding a bullish wave. The S&P 500 is up more than 20% in 2019, and the steady stream of IPOs for high-profile “unicorns” throughout the year suggested there was still appetite for growth-story stocks. In actuality, stocks are sitting under a pall of pessimism, with the market little higher than it was…
Morgan Stanley Focus On Low Bar Set Up For 2020
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The Beginning of the End of Easy Money is Starting to Look Overpriced
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Cross-asset strategy: Higher rates was one of late 2020’s most-consensus views, but higher rate volatility was not. Hence,...
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It May Be Time To Back Up Before Next Leg Higher?
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In the week that was, the S&P 500 (SPX) found itself another leg higher, capturing new record-level highs and...
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J.P. Morgan Lay of the Land For Markets
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The J.P. Morgan View Booming markets, disturbing protests and a collapsing dollar Cross-asset strategy: Risky markets are booming and...
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The VIX Will Achieve Its Lowest Levels Ever…In Time
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You’ve heard me say it time and time again, read it maybe a couple dozen times and possibly benefited...
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Are You Ready For Q4 2024?
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“Good to know” does not mean what we know is altogether practical. Welcome back investors and traders, to more...
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Equity Markets Look For Balance Amidst Trade War And Reflation Fears
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This week is likely to prove a considerably important week as equity markets have gyrated back and forth throughout...
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Merrill Lynch: Volatile Times Ahead
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Macro Strategy—Volatile Times Ahead: Untethered money-supply fluctuations have created a new, more volatile environment for asset allocation. Until the...
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Summer Doldrums and Fool-Bearing Price Action
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The table has turned. In 2022, the S&P 500 (SPX) and peer indices finished the first half of the...
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