The current market consensus sees equities higher, led by continued strength in the tech sector, interest rates staying at current, high levels or even rising further, and a stronger US dollar. But many of these views are already crowded and valuation challenges abound. On this week’s episode, host Tim Graf looks at where the behavioral and fundamental realities available from our proprietary indicators offer divergences from these views for stocks, bonds and FX, and where consensus thinking might fall short.

See omnystudio.com/listener for privacy information.

Just before Christmas, it is tradition for us to publish recommendations of the best things we've read, listened to or watched over the previous year. Common patterns often emerge and it is often the case that our choices are informed by our work analyzing macroeconomics and markets. But as you're about to hear, many of the choices have nothing to do with our day jobs. This year, we published our 11th edition of that list, available now on our Insights platform. This week's podcast is an audio summary of the document and a chance to bid you a very festive and happy holiday season, and wish you a Happy New Year!

See omnystudio.com/listener for privacy information.

This week, we recap the year just gone in macro markets, and get a preview of what’s to come in 2025, in a conversation with traders from the FX desk of State Street Global Markets in Boston. Bill Walsh, head of trading for the Americas, returns to Street Signals with thoughts on the developed, G10 markets, and we welcome Chris Wise, a senior Emerging Markets trader focused on Latin America, who brings his insights on developing economies and the challenges posed to them by Trump, tariffs and inflation.

See omnystudio.com/listener for privacy information.