Does Halloween have other plans for Santa?
The Blind Squirrel's Monday Morning Notes, October 30th, 2023.
After a rocky week, with a week ahead containing multiple macro ‘banana skins’, the 🐿️ contemplates the broader markets.
The world has undoubtedly become a more dangerous place in the past month, and notwithstanding weak sentiment indicators, it is not clear that risk assets have ‘got the memo’ yet when it comes to price.
Equities are weaker and even large cap tech stocks are starting to show some fragility. We have a big week in macro to get through.
Is the ‘yella fella’ about to really shine? [Disclaimer: the 🐿️ is NOT a gold bug!]
This week’s Acorn review covers #Energy #Offshore #AgCommodities #PrivateEquity #Mercedes #Doordash #ChIndia #Coinbase and #Uranium.
The audio companion to this week’s note will be uploaded to Substack on Tuesday to allow me to incorporate comments and feedback from this note. It will also be available as a podcast on Apple, Spotify and the other major podcast apps.