Macro Watch Update

Buying Exhaustion, Weakening Breadth, and a Rotation Away From High Beta

Contents:

1. Growth Momentum is Starting to Weaken

2. High Beta vs. Low Volatility

3. S&P 500 Buying Exhaustion

4. Macro Screen Results

5. ARTAIS AI Universe Screen Results

Macro Update

The S&P 500 index continues to rise despite the warning signs (rising yields) coming from the bond market:

US 30 Year Treasury Yields Continue to Rise

However, the broad market is starting to rotate, and I think this is worth paying attention to.