Sitemap - 2024 - Midday Macro

2025 Costanza Trades – LAST MIDDAY MACRO

The Melt Up Continues: Falling Volatility Keeps Equities and Rates Well Bid

The Trump Trade Resumes as Markets Navigate Increased Headline Volatility

You Reap What You Sow: Is Trump 2.0 Stagflationary?

The Unlikely Resilience of Risk Appetite

Election vs. Earnings: Market’s Coming Dilemma

Labor Market Sentiment Is Too Negative Given Where Growth Is

Beijing Goes Big, But Is It Enough?

Policy Error No More? Powell Gets His Way and Potentially Saves the Day

Sequential 25bps Cuts Still Modal Outcome Until Q2 2025, but Deteriorating Labor Markets Will Keep Fed Officials “Open Minded”

Historical Equity Rally Pauses as Markets Weigh a Mixed Macro Backdrop

Calmer Markets in “Wait and See” Mode Ahead of Next Week’s Heavy Data Deluge

Growth Scare Sell-Off Seems Overdone with Consumer Spending Momentum Still Solid, Buy This Dip in Equities

The Policy Error Trap: Has the Fed’s “Transitory” Mistake Created a “Too High for Too Long” Bias?

Fed Likely To Dial It Back With Disinflation Back On Track and Labor Markets Loosening

Renewed Disinflationary Progress Keeps Equities and Rates Supported Despite More Hawkish Fed Dots and EZ Politics

A Strong Jobs Report Pushes Back on Increasing Weaker Growth Worries – Midday Macro – 6/7/2024 *NEW FORMAT*

Weaker Hard and Soft Data Bringing into Question Consumer Resilience in Q2

Less Optimistic Consumer Opens Door For Further Dovish Fed Pivot - Midday Macro – 5/10/2024

No Stag, No Flation, No Worries: Fed’s Playbook Stays the Same as Labor Markets Loosen – Midday Macro – 5/3/2024

Tactical Pause or Ready to Burst: Has the Reflation Trade Gone Too Far? - Midday Macro – 4/17/2024

Stronger Productivity and a Growing Workforce Challenge Traditional Policy Views – Midday Macro

The Dot Plot Thickens: Powell’s Dovish Message Increases Dual Mandate Focus with Higher Growth Expectations – Midday Macro – 3/22/2024

Fed Likely Maintains Three Cuts Forecast in 2024 Due to Softer "Supercore" PCE and Looser Labor Market Readings - Midday Macro – 3/15/2024

China Vows To Stimulate Economy on “All Fronts,” Will It Be Enough? - Midday Macro – 3/8/2024

Deep Doubts, Deep Wisdom: Are Chinese Equities Finding Footing Due to Policy Support? - Midday Macro – 3/1/2024

Inflation Picks Up and Growth Cools Keeping Fed Uncertain and Patient - Midday Macro – 2/16/2024

No March Cut? No Worries: Markets Focus on Stronger Growth and Earnings Over a Patient Fed - Midday Macro – 2/2/2024

Resilient to Robust Growth: The Fed's Path Forward Gets Trickier Despite Disinflationary Progress - Midday Macro – 1/26/2024

Have Your Cake and Eat It Too? How The Fed May Orchestrate an Immaculate Disinflation - Midday Macro – 1/19/2024

Stalled Disinflation Progress? Slower Rate of Decline Raises Second Wave Fears – Midday Macro – 1/12/2024