The Weekly Edge

Machinehead: A Cyclical Recovery in the Age of AI

Got a machinehead, it’s better than the restGreen to red, machineheadGot a machinehead, it’s better than the restGreen to red “Machinehead”, Bush The U.S. equity market has “got a machinehead” and, based on this week’s price action, “it’s better than the rest”. NVDA...

No Rain: Implications of Resilient Data on Markets

And I don’t understand why I sleep all dayAnd I start to complain that there’s no rainAnd all I can do is read a book to stay awakeAnd it rips my life away, but it’s a great escape “No Rain”- Blind Melon For much of the past two years, the bond market has been...

Separate Ways

Here we stand, Worlds apart -Journey, “Separate Ways” The music video for Journey’s 1983 song “Separate Ways” is well known to be iconically cringe-worthy. It has everything you would expect from an early 80’s music video: dramatic closeups shot in profile, teased-out...

Highlights from the 2024 Outlook

Earlier this week, we released our 2024 macro and market outlook titled “Stranger in a Strange Landing.” It argues that instead of having a Hard, Soft, or No Landing, we could have a “Strange Landing” in 2024. This Strange Landing would be characterized by data that...

3 Libras: A Triple Top for Growth vs. Value?

Here I am expectingJust a little bit too much from the woundedbut I see, see through it allSee through, see you “3 Libras”, A Perfect Circle Before we begin, mark your calendars and please join us for our 2024 Outlook Webinar on January 17th at 4 PM ET. You can sign...

How’s it Going to Be: The Economy and Markets After the Pivot

How’s it going to be When you don’t know me anymore “How’s it Going to Be”, Third Eye Blind “How’s it going to be, when you don’t know me [the tightening cycle] anymore?” The mid-to-late 1990’s were a great time for two things: music and non-recessionary Fed pivots....