Market Strategy by Strategas
Whether from their regular interviews on national news outlets or their research delivered directly to advisors, Strategas cuts through the noise and provides insights that are highly valuable to our clients over the short and long term.
Market Strategy Weekly
March 22, 2024
Strategas Washington Research Analyst Jeannette Lowe discusses the tax bill being debated in Congress before explaining how President Biden’s fiscal 2025 budget proposal intersects with the budget deficit and expiring 2017 tax cuts.
Market Gauge
Market Gauge still negative, but shifts higher to -4
3 factors moved to the "Favorable" column...
Inflation: Inflation has moderated and the Fed is likely to cut rates in 2024.
Liquidity: We are now in a flush liquidity environment.
Technical Picture: Market technicals look strong.
... and 1 factor moved to "Unfavorable"
Sentiment: Investor bullishness seems untethered from market fundamentals.
See the report for more information about the Market Gauge and how it works. (last published February 20).
Additional Insights from Strategas
Global Asset Allocation
No changes to asset allocations this month as the team watches what could break them out of their allocation holding pattern. Mar. 21
Sector Allocation
Strategas adjusts its U.S. equity allocation to reflect a shift to a more pro-cyclical market position. Dec. 18
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