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Recession-Hard/Soft Landing

US Equal Weighted Equities Have Given Up YTD Gains…
What The US Banks See What…

Europe’s weak patch is not about the ECB’s policy tightening, at least not yet. 2024 is another story, and the ECB’s policy will prompt a Eurozone’s recession around the summer.

A Phase Transition Is Coming…
Proceeding Carefully…
Keep a Neutral Global Duration Stance…
Inflation Remains A Big Headache For The Bank Of England…
Resilient US Retail Sales Growth In September…
ZEW: Better Days Ahead?…
New York Factory Activity Weakened in October…