Asks if it's time to get into the market, if the bottom is in, and what the story is.
Host (Scott)
Scott Chronert
Short-term market looks positive due to alleviation of geopolitical risk, but intermediate-term outlook is uncertain and depends on oil prices, rates, currency, and Q1 fundamentals.
Asks if the market needs to go lower to reset after being down ~5%.
Host (Scott)
Scott Chronert
Market hasn't had a classic flush with high volatility/volume; being down 5-10% is a normal corrective range. Short-term is okay, but needs another month for conviction on a durable bottom.
Asks briefly if oil prices will stabilize or move lower.
Host (Scott)
Scott Chronert
Watching the oil futures curve more than ever because the broadening market thesis (away from megacap tech) was predicated on Goldilocks/soft-landing economics.