Macro Dragon: Make Time for Europe...
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.
Market Quick Take - June 4, 2020
Stocks trade softer after the Nasdaq 100 briefly broke the February closing record while bank gains led the S&P 500 Index to a fresh three-month high yesterday. Bond yields and the dollar both rose after U.S. private payrolls showed fewer job losses than expected.
Market Quick Take - June 3, 2020
The global rally in stocks continues with the market increasingly pricing in a V-shaped recovery as policymakers unwavering support for asset markets and pledge to do more has succeeded in detaching markets from reality, for now. The dollar declined for a fifth day against its peers while the JPY dropped to the lowest since January against the euro.