Stunning market complacency as oil still not flowing through Hormuz
Summary: Today we discuss a sense of unease that the market remains as complacent as it does given the magnitude of the disruption of oil and gas supplies through the Hormuz Strait. We also discuss Adobe's huge stumble despite strong earnings, FX and gold and much more. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy.
Listen to the full episode now or follow the Saxo Market Call on your favorite podcast app.
Links:
- Anas Alhajji discussing important current state of affairs with the war and oil/gas supply situation.
- A discussion group on the "US Dollar Endgame" with Michael Every, Brent Johnson, Izabella Kaminska and others.
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