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
There is a 1:4 chance Fed cuts 50bps. Despite Powell being loathe to cut, he has already signaled Fed will cut. The shock would be if they don’t. The shock and awe would be if they cut 50bps. I think they go for it: 50 bps. And here’s why: They need to jump-start reflation. Also, […]