POPA ReconMacro Memo: Spin Cycle
Macro Memo: Spin Cycle Despite short-term volatility and recent concerns over inflation and potential rate hikes under the new Fed, the broader outlook remains medium-term bullish on US equities and the economy due to stable core inflation, a non-tight labor market, and a likely easing of geopolitical energy pressures Expecting the AI-driven market rally to continue melting up into late summer, the recommended macro strategy is to fade the market's over-hawkish rate expectations https://www.citriniresearch.com/p/macro-memo-spin-cycle
The excerpt is quoted from a public Telegram channel, which owns its text.