Daily Note 25/05/2023 – Market View: Day Ahead, Macro, Stocks, Debt Markets

25.05.2023

  • A tough session for risk assets yesterday as sentiment turned cautious
  • We have issued a post-results note on Deere & Co this morning and in noting that, we believe it undervalued given recent price weakness, despite strong underlying growth, have added it back into the Analyst Conviction List
  • Core bonds ticked up yesterday after the UK posted higher than expected inflation numbers and the debt impasse continues in the US