bearish
TPW Advisory Friday Musings: No Need To Chase
SUMMARY
- We have written extensively about cross asset market dynamics going back to Things I Don’t Understand last October to Stocks & Bonds - Only One Can Be Right to last week’s Two Steps Forward, One Step Back.
- It seems fitting to unite these thoughts this week when the US narrative flipped from recession and rate cuts to no landing, solid growth and no rate cuts but rather more rate hikes.
- We covered this dynamic in our most recent Monthly: Narrative Speed where we discussed how narratives are flipping faster than ever and the avalanche effect of small changes leading to one big cumulative moment when the script is flipped.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
TPW Advisory
Independent Investment Advisory Boutique
- TPW Advisory Friday Musings: No Need To Chase18 Feb 2023
x