We are on borrowed time, the storm of the tariff war approaches. [Week #12 ]
Stagflation vibes
Macro dashboard update
Growth
S&P 500 Forward Operating Earnings: we raised a red flag two weeks ago after a continuing downtrend in forecasted earnings from Q1 all the way up to Q4 2025. This downward revision momentum is still at play. Q1 Earning season is starting now, and we are already seeing the typical Hockey Stick recovery pattern. Is it bullish? …
