DC Lite #137

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1. Recession probability. "The consensus probability of a recession has declined significantly in recent months and now stands at 30% for the US, Europe, and UK."

2. Household net worth. Household net worth increased by $5.1tn to a record $160.8tn in Q1 driven by rising values in equities (+$3.83tn) and real estate (+$907bn) holdings.

3. Utilities fund flows. Utilities funds saw the largest inflow (+$1.0bn) since January 2022.

4. R2K streak. "Third longest consecutive day count without a new all-time high... during its fourth biggest drawdown dating back to 2000."

See:

5. Stocks vs. first cut. "Historically, Small Caps tend to outperform in the 6-12 months after the 1st rate cut (83% prob in Sep)."

See: Marlin Capital