Doll’s Deliberations

Crosscurrents continue to be confusing

Growth anxieties have begun to creep into the market following some mildly disappointing U.S. economic data in the past few weeks.

06/10/2024 5 min read

Doll’s Deliberations

Rates out the curve are key to the equity outlook

The risk-on phase has turned choppy as bond yields have edged higher.

06/03/2024 5 min read

Doll’s Deliberations

The beat (profits feeding self-reinforcing expansion) goes on …

Risk asset markets remain well bid as investors have patiently waited for the promised rate cuts from the Fed.

05/28/2024 5 min read

Doll’s Deliberations

Relatively easy monetary policy fuels risk-on capital markets

Global financial markets remain dominated by swings in Fed rate expectations.

05/20/2024 5 min read

Doll’s Deliberations

Is the U.S. weakening as the rest of the world improves?

The global economic expansion is slowly improving, led by the resilience of the still-strong U.S. economy, an improving trade backdrop, and the ongoing positive performance of global corporate profits.

05/13/2024 5 min read

Doll’s Deliberations

Cross currents abound – expect choppy markets

Swings in expected interest rate cuts by the Federal Reserve continue to drive global capital market performance.

05/06/2024 5 min read

Doll’s Deliberations

Volatility to continue in both directions

The recent rise in bond yields and further unwinding of U.S. rate cut expectations have been sufficient to halt the post-October risk rally.

04/29/2024 5 min read

Doll’s Deliberations

Stocks turn sloppy and are likely to continue to consolidate/correct

Equity markets have stumbled modestly because of yet another pivot by Fed Chair Powell.

04/22/2024 5 min read

Doll’s Deliberations

20 Key Points

With much to highlight, we decided to expand our key points from 10 to 20 this week and forgo the essay.

04/15/2024 5 min read

Doll’s Deliberations

No Recession So Far

Why has recession not happened?

04/01/2024 5 min read

Commentary

Growth anxieties have begun to creep into the market following some mildly disappointing U.S. economic data in the past few weeks.

The risk-on phase has turned choppy as bond yields have edged higher.

Risk asset markets remain well bid as investors have patiently waited for the promised rate cuts from the Fed.

Global financial markets remain dominated by swings in Fed rate expectations.

The global economic expansion is slowly improving, led by the resilience of the still-strong U.S. economy, an improving trade backdrop, and the ongoing positive performance of global corporate profits.

Swings in expected interest rate cuts by the Federal Reserve continue to drive global capital market performance.

The recent rise in bond yields and further unwinding of U.S. rate cut expectations have been sufficient to halt the post-October risk rally.

Equity markets have stumbled modestly because of yet another pivot by Fed Chair Powell.

With much to highlight, we decided to expand our key points from 10 to 20 this week and forgo the essay.

Why has recession not happened?

Subscribe to Doll’s Deliberations Weekly Commentary Below!