A couple of very useful weekly BarCap equity strat reports containing their equity recommendations and forecasts.
I hope to make these regulars
And here their monthly equity markets report with some good macro and sector internal work.
As i’m in a positional equity trade on the IBEX market here CS on the Spanish credit market.
In spite of the jaw boning it remains bullish to YE. The IBEX fell 2% through her support but this is a minimal move in the volatile and illiquid Spanish equity market. If markets are to resume the ye push the Spanish market could well provide the beta alongside the EM markets. Nik225 up 2% last night. Asia 50 slightly down as was the SSE but the lack of movement showing sustained price support for the recent breakout given the dm market’s close. Fed minutes somewhat at odds with the recent testimony from Yellen and Bernanke.
All the best
Rich