Policy slows the run on capital markets and analysis of equity market downside risk
3
We are in recession, look to 1980 for guidance
Less liquidity, 60/40 model meltdown, The Fed's inflation process, more investment, nibbling at EM equities, stick with reflation sectors
2
Peak inflation, hawkishness & bearish sentiment
4
Inflation Politics, QT is not the same as QE, liquidity vs duration, CPI details
4
1
Upside down growth, goods supply curve shift, Treasury already did QT, cyclicals ready to rip
3
3
Fiscal, Monetary & Exchange Rate Policies in the '60s are back
2
QT, Mortgages Matter, Treasuries Don't, Not as Hawkish as '94, Housing, The Value Factor and Earnings Season
2
Policy remains accommodative, balance sheet in the background, growth is slowing but not slow
2
1
My First-Hand Account
4
1
Correction likely over, policy inflexibility, GDP gaps, S&P margins and capex
A blowout employment report, Republican success everywhere except the top of the ticket, TCJA is likely to survive and the '21 capex outlook.