The Global Labor Supply Shock is Over
The next entry point, sticky wage growth, peak earnings momentum, capex rebound
Shorting a Dull Market
Before we get into the implications of the June employment report in terms of the timing of the FOMC reducing large-scale asset purchases we are compelled to make a crucial point. Most investors do not capitalize on the recession-related low in equities. We forecasted the timing of the 2009 low as Barclays’ head of US Equity Portfo…