Insights

‍1. Sector book-end: Healthcare vs. Inflation

2. Exploring "SellAmerica" in credit - US IG vs. EU Main

‍3. Geographical book-ends: VNM vs. KSA

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S&P500:
Chilli in those tacos

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Broadcom:
Expecting strong earnings, but macro friction is building

Defining Macro:
What are the 12 Macro Factors used by Qi

Watch our video #2 in partnership with Omega Point

US vs. RoW Equities YTD – Macro in Driver’s Seat, Not Idio Alpha

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1.  US-Europe decoupling
2. There's always a but…
3. Nifty already sniffing out a US-India trade deal

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Nvidia Return Attribution Reflects Micro Optimism

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Multiples, not Earnings, is the key driver.

Watch our video #1 in partnership with Omega Point

Winners vs Losers from Higher Real Rates

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1. Japan- End of an Era
2. US Industrials- Outperformance due a pause
3. XLP vs. XLY - which consumer bet does macro favour?
4. The Jamie Dimon trade

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EEM’s outperformance:
Finally more than just a story on the dollar & commodities?

US Homebuilders - TOL