Daily Note 09/02/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets


  • A mixed session for risk assets yesterday with the US finishing in the red while the UK and European markets traded higher.
  • We are issuing an updated research note on Alphabet following last week’s Q4 results. Following yesterday’s 7% sell-off on a poor reception for its new chatbot, Bard, there is 25% upside to our unchanged price target of $125. Alphabet remains on our Analyst Conviction List.
  • Core bond yields continued to move higher yesterday.