2min chapter

The Macro Trading Floor cover image

There's No Bull Case For Risk Assets

The Macro Trading Floor

CHAPTER

Where Do You Land?

This is a goldy large scenario Exactly exactly that's what I mean. You just need say one report where Non-famperos print at 120 130 k 150 k something along this lines, you know like Decent this number softish number and then one inflation report that confirms Core services trending a little bit lower. Whoa the market is gonna rally again 100% No discussion...I'm just saying history does not suggest that this is a very likely base case to have or to imagine Once you have had such a tightening from a fiscal and monetary perspective it's very hard to engineerSoft landing especially if you were flying so much high in the sky with nominal GDP growth at 10%.

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