The View from 5th Avenue

The View from 5th Avenue – 2 April 2024

With all hands-on deck post the extended Easter holiday (for some – ahem), today was far from sweet, in contrast to what’s been an ongoing sugar rush for equities the first quarter of the year. In a perfect case of damned if you do / damned if you don’t, a 2nd day of positive economic data caused both stocks and bonds to fall, the prospect of higher for longer growing ever more possible with each passing day. The question remains whether that’s such a bad thing, corporate earnings and by exten…

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