The View from 5th Avenue

The View from 5th Avenue – 20 February 2024

It is with a cautious tone that we approach the next coming weeks. With a combination of historical seasonality falling out of favor for markets, a rebound in US bond yields and a stronger USD, we believe that the waters may be choppy ahead through March before resuming their bullish trend in the warmer months. Like all good rebirth / rise again / Spring awakening stories, 2024 may be no different. And we saw exactly that in US markets today. Choppy, cooling sentiment left major indices in…

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