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Daily Archives: April 22, 2022
Who’s got the Macro Story Right?
Good update on why bonds are deeply oversold and likely to rebound as economic growth and equities continue lower. The consumer cyclical segments of the stock market can see the recession, but all the bond market sees is endless inflation. … Continue reading
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Getting from bubbles through bust
A not-so-stealth bear market continues globally even as a handful of late-cycle holdouts prop up broad indices and mask the breadth of constituent carnage. As our cycle analysis suggested would happen, individual companies and sectors are giving back their rebound … Continue reading
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