2Q21 Outlook: Room to Run

Rising inflation compensation, tailwinds at max velocity and sector allocation

I am scheduled to appear on CNBC Squawk Box’s Monday March 15th, 6:10am Eastern

Next week’s note is likely to be abbreviated. I am taking a break from the snow and traveling to Scottsdale, AZ for a golf member guest most of the week. Worst case, we will release a podcast summarizing my thoughts.

The Break (evens) is Over

Last week’s sharp reversal of the …