Many value investors call themselves bottom-up investors. This means they don't pay attention to macroeconomic conditions when making investment decisions. They argue that they cannot predict the ...

Short-Term (less than one month): Our market signaling process is pointing to a continuation of the challenging environment for risk assets. While a downside surprise in the U.S. April CPI data ...

The purpose of this article is to discuss the current macro-environment of the market right now, with a specific focus on the implications for tax-exempt municipal (muni) bonds. This is top of mind ...

The scorecard remains tight and, in my view, tilted to a more neutral setting. I see nine pros and nine cons, with six segments classified as "neutral". The Administration's budget includes plans to ...

Risk assets continue to face a challenging environment as Federal Reserve officials take incremental actions to tighten financial conditions. Darius Dale is the Founder and CEO of 42 Macro, ...