Monday Macro – Broadcom reports, US labour data and Japanese equities storm ahead
Plus some thoughts on gold, stagflation, deflation and energy prices
This letter as a PDF:
The Week Ahead: watching Broadcom and US labour data
The S&P 500 hit another record high on Friday, closing at 7,580.05. Surging corporate earnings and lower oil prices helped. Brent crude settled at $92.05 a barrel, the lowest weekly close since April 17. The odds that the US blockade of the Strait of Hormuz will be lifted by June 3…
