Lots More With Skanda Amarnath on This Moment in Macro – Odd Lots — Transcript

Lots More With Skanda Amarnath on This Moment in Macro – Odd Lots — Transcript

Market views

Bullish

UTIL— Utilities are becoming more economical due to capacity shortages in electricity generation, as thermal sources have been retired. This shift in market dynamics could benefit utility companies.
DATACTR— Data centers are expected to experience a 'super cycle' of demand driven by AI investments, potentially leading to significant growth in the sector.

Bearish

TREAS— Political pressure for rate cuts could lead to higher long-term yields as investors demand more compensation for policy instability risk.
MANUF— Manufacturing, along with other trade-sensitive sectors like construction, retail trade, wholesale trade, and warehousing, is showing weakness in job growth, indicating potential bearish signals for these industries.

Not investment advice.