The View from 5th Avenue

The View from 5th Avenue – 11 March 2024

Ahead of US CPI tomorrow, it seemed as if investors had “timid fingers” in today’s session with the implications of a June rate cut on the horizon (currently ~63% according to WIRP). Equities seemed gassed through and through, as Friday’s softness bled into the start of this week with a risk off approach in to tomorrow. Might I remind you, the weak seasonality period we’ve been calling for, has not yet filtered through, perhaps the US CPI print can be the catalyst we’ve had the watchful eye for…

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