Early Morning with Dave

Early Morning with Dave

Share this post

Early Morning with Dave
Early Morning with Dave
Tech Mega Caps Post Solid Results
Copy link
Facebook
Email
Notes
More

Tech Mega Caps Post Solid Results

But Not Without Flaws

David Rosenberg's avatar
David Rosenberg
Oct 31, 2024
∙ Paid

Share this post

Early Morning with Dave
Early Morning with Dave
Tech Mega Caps Post Solid Results
Copy link
Facebook
Email
Notes
More
Share

Highlights

  • U.S. equity futures tumble amid concerns over Tech mega cap earnings

  • Gilts yields jump post-Reeves budget — but good news for sterling

  • Even with yesterday’s solid GDP number, excess supply continues to build in the economy

  • New data show labor market loosening and wages cooling

Key Takeaways

Risk-Off Sentiment Returns Amid Tech Mega-Cap Weakness

  • The risk-off trade is back in vogue. U.S. equity futures are deep in the red in the early going, undercut by some unfavorable news from the Tech mega caps.

Keep reading with a 7-day free trial

Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Rosenberg Research
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More