Recession-Hard/Soft Landing
Re-Estimating Net Interest Expense…
US Homebuilder Sentiment Sours In September…
Inflation Is Still A Concern…
Singapore’s NODX: No Imminent Global Manufacturing Rebound…
While we are sympathetic to the view that the Fed could temporarily achieve a soft landing, we are skeptical that it could stick that landing for very long. Stocks could strengthen into year-end, with small caps potentially leading the charge. But the rally will fizzle out next year as the global economy begins to sink into recession.
In this report, we review our European fixed income strategy recommendations ahead of tomorrow’s critical ECB meeting
Chinese Credit Growth: At A Turning Point…
NY Fed Survey Results Warn About Consumption Outlook…
About Those Excess Pandemic Savings…
US Beige Book: Cooling Labor Market, Softening Inflationary Pressures…