The View from 5th Avenue

The View from 5th Avenue – 5 January 2024

This is it everyone. As per Larry David, the statute of limitations for wishing someone a ‘Happy New Year’ has passed. It gives me great pleasure to lift this burden from your shoulders; you’re off the hook. What’s been somewhat burdensome if not outright worrisome this week has been equity’s reaction to the flip of the calendar. An overbought market along with some selling of last year’s winners, interest rate cuts officially on the clock and some choppy earnings results this week have left in…

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