TPW Advisory Friday Musings: Two Steps Forward, One Step Back
Trees don’t grow straight to the sky do they? So why would one expect stocks to just keep soaring after one of the more aggressive 3 month moves in...
448 Views
Biden's Legislative Wins Provide a Boost to Growth, but Recession Still Inevitable
RGDP growth of 2%YoY in H1CY22 & 53yr low of 3.5% unemployment affirm the US isn't in recession. But Fed Funds will reach 3.5% by end-year,...
328 Views
Major Fed Policy Error Ahead!?
Fed’s upcoming Jackson Hole may ignore the bigger threat to financial stability from persistent and potentially accelerating QT. We remain risk-off...
1k Views
On The Art Of Macro Portfolio Construction
Global macro and markets are a gigantic puzzle that will always fascinate investors and lure most to believe that in the end we can put all the...
432 Views
Earnings: are positive surprises over?
The rebound in the second half of March it has already been forgotten by the market. The principal equity indices are going down again, and the...
540 Views