Friday Paper Charts
December 29, 2023
There we have it. The last chart pack of the year is shortly going to be unleashed. Remember to check out my latest post on the outcome of my 2023 forecasts and any changes to the long-term portfolio compositions as we go into 2024.
Thank you for your tremendous support this year. It’s been an amazing ride, and I have only just started. The New Year will also bring exciting additions to Paper Alfa’s offering. Stay tuned for those to be announced in the coming weeks.
As for 2024, sell-side equity strategists are somewhat boring, predicting only a small upside from here. I am pretty confident that this forecast, once again, will prove to be wrong.
The soft-landing scenario, while mostly priced, will continue to dominate returns into the election year. This hypothesis will undoubtedly be challenged as we progress through the year. New narratives will form, while many beliefs, as is usually the norm, will get squashed along the way. This is what financial markets are here for. Rest assured, Paper Alfa will be on the pulse and aim to provide thoughts and analysis straight into your inbox.
The models will assist us in our journey and will hopefully be able to provide similarly great inputs as they have during 2023.
I wish you and your family only the best for the coming year. May it be a year of prosperity, health and continuous adventure.
So, without much further ado, let’s dig straight into what 100+ charts tell us. There are a few reversals popping up. This could be just noise as we are trading in year-end markets but there are a few interesting developments in bonds you should be aware of. Bond bulls, take note. As a reminder to all new subscribers and those needing a refresher, check out a comprehensive full model guide here.