Insights

Europe vs US:
Time to catch your breath
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1. Regime change for EURUSD?
2. If the US sneezes, will Europe catch a cold?
3. US HY vs. Itraxx Xover

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Be Careful What You Wish For:
Fed Rate Cuts a Drag for Cyclicals

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Navigating the Pullback:
Macro Impact on Styles

1. Credit spreads - the dog that’s yet to bark
2. Recession or positional flush?
3. Message from the US yield curve

Buy the Dip? Fade the Rip

• EURUSD - the rearmament laggard
• SOXX - Mean reversion potential
• Swissy - Choose the Franc, not the SMI

Turn in the Credit Cycle:
Spotlight Winners and Losers

1. SPY - amber warning from macro uncertainty
2. Pole Position Pricing
3. US - Europe

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Qi Macro Spotlight - The Inflation Narrative is Shifting

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1. Time to fade European equities
2. Time to fade 10y BUND yields
3. KWEB also vulnerable

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Qi Macro Spotlight: Aspirin for Your Macro Migraine

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