Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Cross Asset Strategy

<ul>
<li>How should investors interpret the recent risk-on episode? We call it the Fed Whisperer rally.</li>
<li>The S&amp;P 500 continues to be inversely correlated to the USD Index, which is mainly driven by the expectations of a less hawkish Fed.</li>
<li>Tactically, the S&amp;P 500 may have more upside as it regained its 50 dma, which gives it a shot at its inverse head and shoulders measured objective of about 4120.</li>
</ul>


How should investors interpret the recent risk-on episode? We call it the Fed Whisperer rally.
The S&amp;P 500 continues to be inversely correlated to the USD Index, which is mainly driven by the expectations of a less hawkish Fed.
Tactically, the S&amp;P 500 may have more upside as it regained its 50 dma, which gives it a shot at its inverse head and shoulders measured objective of about 4120.


How to Trade the Fed Whisperer Rally