There's No Bull Case For Risk Assets
The Macro Trading Floor
The Outlier Filter in the Seasonal Adjustment Method
This week's PMIs showed a rebound in services, but not in manufacturing which is an odd cocktail since from a beta perspective you would actually rather like the opposite. I have to say there's a lot of noise going around in macro data so Let's talk about this macro data releases in the US and then let's move to the discussion on markets for a second. We've got some initial green shoots in the housing market apparently in December January, but People are not applying for mortgages and there is an 84% of purchases in the US housing market are backed by a mortgage No mortgage applications no new buyers. It's pretty simple how do you make sense of the housing market? How do you
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
