Housekeeping: Good Afternoon. Hartnett’s Weekly report is presented 3 ways: 1) Video walk-through with analytical comments transcribed, 2) Hartnett’s main points broken out below, 3) and original format at bottom. Enjoy.
Intro:
A thorough report tying together his past 2 months of biases on Bonds, Stocks, and how the Hard landing may come, including using Gold as an indicator of Fed cuts.
Also Hartnett is getting actionable on Bonds. The report is largely devoted to what will benefit from the expected rate cuts with a focus on what benefits most form a rallying bond market, which he thinks will be the most obvious beneficiary of Fed easing.
There are 4 main takeaways
He believes the ABB trade described for the past several months is going to unwind affecting global markets driving flows substantively.
