Podcast: Equities nearing pivotal resistance. US housing rolling over
Saxo Market Call
Summary: Today we break down the strong market session yesterday, with crypto-related names the star performer on a day that Bitcoin is still struggling to find separation from 30k, and with the market higher despite a fresh hawkish broadside from the Fed as Powell claimed the Fed won't hesitate to take the Fed Funds rate above neutral. Key short-term resistance is coming into view in US stocks and is already here in Europe. Elsewhere, we look at a worst in 35-year drop in Walmart on its profit forecast, discuss a misguided forecast on the housing market from Home Depot CEO after that company got a boost from its earnings report, look at evidence the from leading indicators showing that the US housing market is rolling over, the latest on crude oil and natural gas, earnings and macro data up today and more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
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Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: The End Game has arrived
- Shocks from covid and the war in Ukraine have forced the global financial and political world to change, but what will the end game be?
Productivity and innovation have never been more importantAs the world economy hits physical limits and central banks tighten their belts, could equities be facing a 10-15% downside?
The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
Australian investing: Six considerations amid triple Rs: rising rates, record inflation and likely recessionWhile global financial markets are struggling in an uncertain world, the commodity-heavy Australian ASX index is poised to keep a positive momentum.
Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.