The View from 5th Avenue

The View from 5th Avenue – 30 March 2023

No news is good news? The calm before the storm? Traders seem to be waiting for the next shoe to drop, while simultaneously mining data to support the theory that we are in a bull market. And any perceived calm in the markets just gives The Fed more fodder to hike rates. Thus, we have been stuck in the same range between 3800 and 4200 since last May. Further, the S&P has crossed above 4000 13x since the start of 2022. Running to stand still is the accurate expression, I suppose. The Fed’s Colli…

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.