Premium Market Update
Investors,
Yesterday’s edition of Cubic Analytics was dedicated exclusively to the nuance of inflation dynamics with the purpose of proving that disinflation is still intact. If you had a busy weekend and didn’t read the report yet, you’ll find it below:
Disinflation has been one of the strongest drivers of market returns in 2023, which is why I think it’s so important to properly diagnose inflationary trends.
If inflation does actually accelerate, equities will face headwinds.
If disinflation persists, as I believe, then equities can maintain momentum.
Asset prices are influenced by variety of factors, but it’s clear that the persistent rise of inflation in 2022 created headwinds and falling inflation in 2023 has been accretive.
While yesterday’s report was solely focused on macro & inflation, this report for premium members will focus specifically on stock market dynamics and factors that are influencing asset prices more broadly speaking. Specifically, I’ll be covering:
S&P 500 under-the-hood metrics reflect defensive market dynamics
New update on S&P 500 technical analysis & price structure
Heikin Ashi analysis for the S&P 500 and Bitcoin
Statistical indicators for Bitcoin
Reevaluating the core Bitcoin thesis for long-term investors.
Without further ado, let’s begin.