The Weekly Edge

Second Quarter Outlook

This week, we shared our outlook for the economy and markets in the second quarter of 2023. Below you will find the link to the whole, detailed slide deck. For those who would like a quick summary, the deck includes the following key takeaways: • Economy: We expect...

Wayne’s World Markets: “Party on, Powell!”

As Federal Reserve Chairman Jerome Powell hosted the post-Federal Open Market Committee meeting press conference this week, he probably should have ditched the suit and worn a black t-shirt and ripped jeans instead, because he seemed to send one Wayne Campbell-like...

Linger

Do you have to, do you have to, do you have to let it linger?Oh, I thought the world of youI thought nothing could go wrongBut I was wrong, I was wrong “Linger”, The Cranberries Inflation is lingering around, meaning U.S. economic data continues to support our view...

Nothing Gold Can Stay?

Nature’s first green is gold,Her hardest hue to hold.Her early leaf’s a flower;But only so an hour.Then leaf subsides to leaf.So Eden sank to grief,So dawn goes down to day.Nothing gold can stay. Robert Frost, “Nothing Gold Can Stay” Today’s Weekly Edge is a “Choose...

Don’t You (Forget About Me): Sector Performance Trends

Slow change may pull us apartWhen the light gets into your heart, babyDon’t you, forget about meDon’t, don’t, don’t, don’tDon’t you, forget about me “Don’t You (Forget About Me)”- Simple Minds, from the soundtrack of The Breakfast Club John Hughes’ iconic 1986 film...

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...