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Introducing The Bull Case
With the 10-year yield in retreat for now we have bonds moving up and equities moving up. Earnings season is almost upon us, and we expect this to provide further upside catalysts. Inflation, remember, is a good thing for earnings, particularly in the price-setting companies that lead the S&P500 and Nasdaq.
Today we start tracking our bull case for the Nasdaq. We'll include both charts going forward, because we think there's a not-insignificant chance that the Nasdaq may be gearing up for a real move higher. As in, higher-higher. And if it does, so too will the S&P500.
Paying members, scroll right down for our latest take on markets including the new bull case Nasdaq outlook.