Mike Zaccardi, CFA, CMT 🍖 Profile picture
Financial writer. Markets, charts, investments, some weather. Open to work - freelance or full-time. Subscribe for direct engagement and a follow-back.

Apr 4, 2023, 14 tweets

Financial Conditions ease, led by higher stock prices

Goldman: We boosted our Q1 GDP tracking estimate to +2.6% (qoq ar),

reflecting better-than-expected consumption and construction data

Economic Surprises continue to be decent. This will change on Good Friday! #NFP

Are we in a recession? Mfg data says so.

Goldman's Twitter Sentiment jumps into positive territory.

US real GDP seen at +1% this year. Ho Hum.

Goldman sees +6% in China.. is that enough to help $SLX steel stocks? I say so.
seekingalpha.com/article/459215…

Following the emergence of banking stresses, deposits at US banks declined...

internet searches for withdrawal related words have declined, suggesting bank deposit outflows have diminished

Crisis averted?

Goldman: European banks are in a healthy position from a liquidity perspective

Credit Crunch ahead for SMB?
Small and medium-sized banks account for ~55% of total loans

a 45-50 ISM Mfg is pretty bullish for stocks. @SoberLook
dailyshotbrief.com

Tech shares are trading at a substantial premium to the S&P 500.

The Eurozone: Core inflation continues to surge.

Weak natural gas prices have been pressuring coal.

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