Chart Wizards – Actual Alpha Report #49 – March 11, 2024

My assumptions on markets:

  • Interest Rates rule the world
  • The Fed has completed its rate hike cycle; the next move is a cut
  • The US labor market and spending economy are strong, but deteriorating
  • Low growth + loosening monetary policy = bullish most risk assets
  • Stock market ≠ the economy
  • When rates start falling and unemployment starts rising, I am short
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