My mantra is simple and what drives my Macro-To-Micro trading style: Policies lead economy. Credit leads equities. And Volatility reprices everything.
My Gone Fishing Newsletter is divided into basically three parts:
- Reflections and Inflections
- Sector Watch
- Macro Considerations
Tech is Overbought. Value is Oversold. Check out these charts to see what I mean: Value stocks haven’t traded this cheap to growth since the DOJ went after Microsoft in the late 1990s. Today the DOJ went after Facebook, Google and Amazon. Lawrence McDonald A measure of value vs growth stocks across developed markets just […]