Macro Outlook - 2 December 2024
You will come across specific terms in these notes (FLD, VTL, and so on). Rather than explain them each time, you will find definitions here: guidance notes for Hurst cycles terminology.
The key question around a macro rotation this week is whether the US Dollar finds support here and conversely whether US government bonds falter. This is being suggested by the analysis, but we await confirmation. Elsewhere, S&P500 futures remain positive as does Bitcoin. Commodities are involved in a dialogue around the Dollar's trajectory and a little opaque for now.
