The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Summary: Today we looked at yesterday's positive equity market session in the US after a key support zone has been established and tested for the major indices. We also drill down to discuss key earnings reports, especially the high-flying Adobe set to report today. In FX, a focus on the US dollar and especially the massive new surge in Chinese yuan strength. In commodities, we highlight platinum. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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