- Economic data was strong last week and only furthers my bullish calls for risk assets.
- The lack of response from Israel to Iran’s prior attack plummeted oil and will likely be followed by rates and probably the dollar as well.
- Donald Trump’s lead on Polymarket has increased to a whopping 20%. At this time in 2016, he was down 10%. This could be a blowout election and therefore good for risk.
- As expected last week, mid- and small-cap equities are seeing positive rotation. I expect this to continue.
