“Buy my bonds or I tank your stocks”. [Week #7]

Turning Point: Where Monetary, Fiscal, and Politics Collide

Probably my most important weekly update so far, we have a LOT to cover.

Macro dashboard update

Growth

• S&P 500 Forward Operating Earnings: As mentioned last week, 2024 EPS has been revised upward, while 2025 EPS has been revised downward. Overall, the one-year forward EPS continues to trend upward nicely.