Costco: Risks With The Momentum Trade Into Q2 Earnings

Group 1 - The momentum trade has shifted from large-cap technology and AI-focused companies to unexpected players such as Walmart and Costco, along with some major banks [1] Group 2 - The article emphasizes the importance of thematic investing and market events, highlighting the need for financial narratives that resonate with everyday investors [1] - It discusses the role of macro drivers in various asset classes, including stocks, bonds, commodities, currencies, and cryptocurrencies [1] - The use of empirical data and charts is noted as a method to effectively communicate financial information [1]