The Week That Matters (6th-10th Nov, 2023)

"And by decent wages, I mean the wages of decent living." FDR Roosevelt

Be careful who you listen to.

This newsletter has argued that we should be more optimistic about US equity markets for the following reasons:

1. Seasonality effect - the third year of an election cycle tends to finish strong.

2. Real interest rates peaked a couple of weeks ago.

3. The US Dollar might have peaked too.

4. Inflation is in the rear-view mirror. 5 Year/5 Ye…