Macro Matters

Satyakam Gautam is a finance professional with trading experience of around 19 years across global & local fixed income. He has keen interest in following both local & global macros. He is a keen observer of medium term trends in fx, commodities & fixed income. He has also written a book called “The Other Side” in 2016 which was a collection of 7 short stories.He has an interest in Poetries, Still Photography & Hindi Literature.

Time to Play Contrarian

Time to Play Contrarian

At the peak of US regional bank crisis around 1st May, had written in my last post that US economic data was proving to be stronger than estimates & sooner or later, US rates will pick up as rate cut expectations get faded away. In the past 2 weeks, US 10yr rates have moved up […]

US recession talk lacks the support of US economic data points

US recession talk lacks the support of US economic data points

To understand the strength of US economy, we have to look at US Q1CY23 GDP. The personal consumption expenditures price index, an inflation measure that the Federal Reserve follows closely, had come at 4.2%, ahead of the 3.7% estimate. Beyond the weak headline number due to inventory effect, real final sales to private domestic purchasers […]