Macro Dragon: WK #19 - New Week, same Themes...
Global Macro Strategist
Summary: Macro Dragon = Cross-Asset Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime.
Macro Dragon: WK #19 – New Week, Same Themes…
Top of Mind…
- Week 19 themes will be similar: When do the economies globally restart locally, then internationally. We also get Service PMIs & US Non-Mfg. ISM, US NFP & U/R
- US: ISM Non-Mfg, Final Serv. PMI, NFP (first pure one post C19), U/R, ADP, Inv.
- CH: Caixin Serv. PMI, Trade Balance
- EZ: Final PMIs Serv. & Mfg., GER Factory Orders, GER IP, PPI, Covid-19 Package
- JP: Hols (May 4-6), BoJ Mins, Monetary Base, Household Spending
- UK: Final Serv. PMI, House Prices, BoE, Fri Bank Hol
- AU: MI Inflation Gauge, Building Approvals, RBA, Retail Sales, Trade Balance
- NZ: Building Consents, Milk Auction, Employment Change, U/R, Inflation Exp.
- CA: Trade Balance, Ivey PMI, Housing Starts, Jobs Data, Building Permits
Recent SaxoStrats Must Read & Think Pieces…
Start-End with Gratitude+Integrity+Vision. Create Luck. Process > Outcome. Sizing > Idea. Repeat