The View from 5th Avenue

The View from 5th Avenue – 21 February 2023

A retreat in US markets today after returning from a long holiday weekend. To be honest, this downdraft feels like a welcomed moment of sanity- and perhaps the extra rest allowing further time/space for markets to digest and react to the current landscape we are navigating. As the shorter-term trend is now pointing, we took another break from fighting the Fed and surrendered to a higher-for-longer reality as markets fell lower. PMIs hitting the tape this morning and showing a robust global e…

The content on this site is available to all Redburn clients as part of Redburn Execution’s standard service. It is not considered substantive research and there are no commercial implications to viewing these pages.

Please enter your email address below to view this page. If you are still unable to access the page, please speak to your account manager.