We turned our outlook to flat from positive. Even if all indicators are green, we expect a healthy correction for equity index. Commodities to be considered. Time to secure some P&L here.

CAC Index : Too fast, to furious : 8000/8200 is a key area to consolidate

SPX Index : 5200 now. What about 6000 EOY ?

You need to check your commodity investable universe. Gold ATH, Silver might follow, and the latest : COCOA just doubled/tripled. More on this for our partners.

So far, our Global Macro Model YTD ATH at +53.25%.

Stay tuned…