It’s summertime and volatility in the financial market has been relatively muted compared to what we saw earlier this year. Indeed, summertime has historically been a period of relative quiet in the market before volatility started to pick up in September and October (Chart 1). For macro strategists, this is the perfect time to reflectContinueContinue reading “Twelve Questions on Top of Mind”
Tag Archives: sector valuation
All The Data in the World: Potential Recovery in Industrial Sector Amid Slowdown in Consumer Spending
One of the common problems being a macro strategist is being accused of cherry-picking data to fit whatever narrative one is conveying at the time. Over the past two years, those with more negative view of the U.S. economy pointed to the depressing figures out of the industrial and cyclical sectors, while those with moreContinueContinue reading “All The Data in the World: Potential Recovery in Industrial Sector Amid Slowdown in Consumer Spending”
The Unlikely Duo: Greenback Supremacy and Upturn for Base Metal Prices
“At the 1971 G10 Rome meetings, during the Nixon administration, then-Treasury Secretary John Connally said to a group of European finance ministers, “The dollar is our currency, but it’s your problem.” Following a 25%+ rally since the low in October 2023, U.S. and global equity market finally saw the return of volatility and correction amongContinueContinue reading “The Unlikely Duo: Greenback Supremacy and Upturn for Base Metal Prices”
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