Podcast: Quiet before the storm as commodity pressures mount
Saxo Market Call
Summary: Today we look at equities staging a rebound on the back of Friday's strong economic data in the US and Russian retreat across the entire Northern front line in the war in Ukraine setting the war up for the "battle of Donbass" over the next month. The unfolding food and energy crisis is becoming tough for frontier economies and Sri Lanka is right now the canary in the coal mine with food shortages and a collapsing equity market. We also talk about the risks to Europe's energy markets as Russia continues to demand to be paid in RUB for oil and gas breaching contracts with European importers. Today's pod features Peter Garnry on equities and Ole Hansen on commodities.
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Outrageous Predictions 2023: The War Economy
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A country agrees to ban all meat production by 2030In an effort to become one of the global leaders on the path to net-zero emissions, one country decides to not only put a heavy tax on meat, but to ban domestic production entirely.
UK holds UnBrexit referendumFollowing a recession and domestic pressure, the United Kingdom is thrown into political turmoil that will end with a vote to wind back Brexit.
Widespread price controls are introduced to cap official inflationHistory tells us that with the war economy comes rationing and price controls. And this time is no different, as policymakers introduce strict price controls that lead to a range of unintended consequences.
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