Premium"The Macro Playbook Has Officially Flipped" - Goldman Trader Warns 'Bad News Is Now Bad News'
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
This morning we suffered a triumvirate of terribleness in macro-data:
A worse-than-expected surge in jobless claims,
combined with some seriously ugly US Manufacturing survey data,
and a big miss for construction spending.
That 'bad news' prompted a dovish response in STIRs markets, sending rate-cut expectations soaring...