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Market Strategy by Strategas

Whether from their regular interviews on national news outlets or their research delivered directly to advisors, Strategas cuts through the noise and provides insights that are highly valuable to our clients over the short and long term. 


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Market Strategy Weekly
May 17, 2024

Strategas Head of Fixed Income Research Tom Tzitzouris discusses the recent inflation data and the bond market’s response before diving into how the market is handling new Treasury supply and what “higher for longer” actually implies for bonds.



 



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Market Gauge

Market Gauge still negative, but shifts higher to -4 


3 factors moved to the "Favorable" column...

Inflation: Inflation has moderated and the Fed is likely to cut rates in 2024.

Liquidity: We are now in a flush liquidity environment.

Technical Picture: Market technicals look strong.


... and 1 factor moved to "Unfavorable"

Sentiment: Investor bullishness seems untethered from market fundamentals.


See the report for more information about the Market Gauge and how it works.  (last published February 20). 

Read the Report

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Asset Allocation

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Key Takeaways

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