The View from 5th Avenue

The View from 5th Avenue – 12 March 2025

Futures painted an encouraging picture first thing this morning, but investors were reticent to give it any credence until they saw further proof. Reinforcements came in the form of gains for heavyweight momentum names and a softer than expected CPI reading (MoM .2% vs .3% est and .5% in Jan). The softer-than-expected release provided some relief after a tech-led sell-off earlier in the week, driven by tariff fears and uncertainty (they're on/they're off!) and economic slowdown concerns. Volat…

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