The coming week is an important "fragility test" for markets as equities sit at 50dma. While de-risking is "knee jerk" response, this dip will likely be bought. In contrast to 2022 Ukraine-war eve, Fed is dovish.

VIDEO: The market faces an important fragility test this week, but to us, the key lies in the amount of required de-leveraging and also Fed stance.

Please click below to view our Macro Minute (duration: 5:29).

Over the weekend, Iran launched an attack on Israel, broadening the geopolitical risks in that region. This conflict emerges just as markets began to dial back the number of Fed cuts in 2024. In other...

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