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“Clouds are not spheres, mountains are not cones, coastlines are not circles, and bark is not smooth, nor does lightning travel in a straight line.”

The following series of briefings aims to consolidate key developments on the relevant themes and topics we cover since our last update before the holidays.
Rosenberg (Finally) Capitulates, But Does It Mean Anything?
Most of the sell-side 2025 macro market outlooks were published...

 

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Part 1: Outlook 2025 | When Big Egos on Wall Street Capitulate

Catching up with recent developments