👀 THE long term investment ???

Another threat to equities ?

What sort of investments would typically work in a rates higher for longer and slowing growth world ?

Two forces do battle in the stock markets

The US economy has been surprisingly interest rate insensitive. That means rates need to go higher to achieve the desired effect finance.yahoo.com/video/fed-…

Not as stellar as Q1 results but still decent. Equities have a macro dimension. Not enough look at it though. This is where the inefficiency may be coming from.

Quick post from Poland. Timing is hard but worth keeping an eye on the Polish stock market

The world economy has shifted profoundly since 2019. But you need to take a step back to see how far you have travelled. 📉 US, EU and UK real GDP went down from 2.3% / 1.8% / 1.7% to 2.0%/1.1%/1.0% 📈 While core inflation went up from 2.3%/1.3%/1.6% to 5.5%/5.5%/6.8% Markets do not seem to have really grasped this yet.

Inspirational. Moving.

Things that make you go “hmmm…”

Was the equity market weakness yesterday more than just noise ?