QI TAKEAWAY —  Volatility looks to be heightened into year end and beyond. Play your best defense by moving in the opposite direction of the DIY retail mob. U.S. nonfinancial corporations saw profits rise 37%…

QI TAKEAWAY —  Trade and fade any steepening that may accompany today’s jobs market report. CFO Optimism, per Duke University and the Richmond and Atlanta Feds, is back to moving in lockstep with the S&P…

QI TAKEAWAY —  With China at its center, EM funds stand at risk of further outflows. The expected trajectory of a depreciating Chinese yuan flags a deflationary impulse. Global yield curves should flatten in bullish…

QI TAKEAWAY —  A more hawkish Fed risks traders prematurely tightening financial conditions at a time when buying plans are historically depressed. Flattening on steroids suggests your hedges be on and tight. November’s Chicago PMI…

QI TAKEAWAY —  As the inflation narrative has become overcrowded, favored inflation trades will follow into overly rich terrain. With contrarian nuances evident in the critical state of Texas’ supply chain, now might be a…

QI TAKEAWAY —  Our eyebrows rose when we saw Dealertrack’s data on a same-store basis for unique applications to buy cars were down 12% YoY and 30% lower than the same week in 2019. We…

QI TAKEAWAY —   Inflation has eaten into disposable income and personal savings alongside a broad-based 90th percentile decline in consumer sentiment. These developments flag challenged consumer spending as the U.S. economy segues from Winter to Spring. …

QI TAKEAWAY —   Markit’s productivity proxies favor U.S. stocks over the Euro Area and the U.K. and help explain year-to-date relative outperformance of the S&P 500 over its counterparts. The moderation off the spring 2021…

QI TAKEAWAY —   Realtors have been raking in the higher earnings vis-à-vis those across the U.S. workforce. The record inversion between home buying and selling conditions which continues to flag a sellers’ market remains in…