The MacroTourist

The MacroTourist

FLAT IS A POSITION TOO

The 'tourist explains why he steering clear of US stock indexes

Kevin Muir's avatar
Kevin Muir
May 18, 2023
∙ Paid

It’s a strange time. The hard economic data refuses to roll over, confounding almost everyone. The soft data continues to deteriorate, encouraging bears who are “sure” the recession is right around the corner. Meanwhile, the pain from the Fed’s most aggressive rate hiking cycle in decades has neutered regional banks, but at the same time, investors are …

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2025 Kevin Muir · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture