We see the risk outlook as extraordinarily binary at this juncture. Either the cyclical green shoots continue to get the upper hand or else we are likely headed for a recessionary type of asset environment.
Seasonality Watch: Four charts that will make you go hmm…
Our working hypothesis continues to center around the current inflation pick-up resembling the September report from 2022 (released in October). Here are four charts that will make you go hmm…
To read the full article, sign up for a 14-day FREE trial of the Premium plan.
Already a member? Login here
