The View from 5th Avenue – 28 March 2023
Posted onThere are a few axioms in this business that can at least help contribute to a long and fruitful career. One is, don’t go out on a Monday night. Sure it may sound great in theory (it doesn’t) but it sets a pretty arduous tone for the rest of the week. (I’ll give you one guess as to what I was up to last night.) Another one is don’t fight the Fed. And yet the market seems to be fixing for a showdown as it remains steadfast in its belief rate cuts are coming as soon as June. The only issue is Pow…