Equities
Macro Digest: The Coming Stagflation Light
Steen Jakobsen
Chief Economist & CIO
Steen Jakobsen first joined Saxo Bank in 2000 and has served as both Chief Economist and Chief Investment Officer since 2009. He focuses on delivering asset allocation strategies and analysis of the overall macroeconomic and political landscape as defined by fundamentals, market sentiment and technical developments in the charts.
With more than 25 years of experience within the fields of trading and investment, Jakobsen is a highly renowned and respected Chief Economist, who regularly appears as a guest host on CNBC and Bloomberg News. Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan and UBS. He also served as Global Head of Trading, FX and Options at Christiania (now Nordea).
John Hardy joined Saxo Bank in 2002 and has been Head of FX Strategy since October 2007. He focuses on delivering strategies and analyses in the currency market as defined by fundamentals, changes in macroeconomic themes, and technical developments.
Hardy has won several accolades for his work and was named the most successful 12-month forecaster for 2015 among over 30 of FX Week’s regular contributors. His forex market column is often quoted and he is a regular guest and commentator on television, including CNBC and Bloomberg.
Ole Hansen joined Saxo Bank in 2008 and has been Head of Commodity Strategy since 2010. He focuses on delivering strategies and analyses of the global commodity markets defined by fundamentals, market sentiment and technical developments.
Hansen is the author of the Weekly Commodity Update, which sets out the moves in commodities, and also provides clients with commodity related trade views under the #SaxoStrats brand. He is a regular contributor to both broadcast and print media including CNBC, Bloomberg, Reuters, Wall Street Journal, Financial Times and the Telegraph.
Peter Garnry joined Saxo Bank in 2010 and is Head of Equity Strategy. In 2016, he became responsible for the quantitative strategies team, which focuses on how to apply computer models to financial markets. He develops trading strategies and analyses of the equity markets as well as individual company stocks applying statistics and models.
Garnry developed Saxo Bank’s Alpha Picks which is a monthly publication selecting the most attractive stocks across the US, Europe and Asia. He also contributes to the Saxo Bank Quarterly Outlooks and the annual Outrageous Predictions and is a regular commentator on television, including CNBC and Bloomberg TV.
Althea Spinozzi is a Manager with Saxo Bank’s Global Sales Trading team. Spinozzi maintains working knowledge of investment banking as well as international economic organisations and has professional experience in Denmark, the US, the UK, Switzerland, and Mexico.
She is a regular contributor of fixed income analysis to Saxo bank’s News & Research hub where she outlined her view of bond market trends across the developed and emerging market spaces, as well as in investment grade and high-yield bonds.
Christopher Dembik joined Saxo Bank in 2014 and serves as Head of Macro Analysis. He is a skilled analyst, who is frequently quoted by international news media. Dembik focuses on delivering analyses of monetary policies and global macroeconomic trends as defined by fundamentals, market sentiment, and technical analysis.
Redmond Wong is a Market Strategist based in Hong Kong. As a member of the Strategist Team, Wong is responsible for communicating Saxo’s global investment strategy, generating Hong Kong and mainland China-focused research, and delivering actionable insights across different asset classes and tradable instruments.
Charu Chanana joined Saxo in 2022 and is a Market Strategist based in Singapore. She focuses on delivering investment strategies based on global macroeconomic fundamentals and monetary policy analysis, and understanding the impact on a broad range of asset classes. She is also responsible for Asia ex-China coverage at Saxo, particularly looking at Japan and India markets. Charu comes with over 12 years of experience in financial markets, having been in equity research and economist roles previously.
Charu is regularly quoted by the media and appears frequently on Bloomberg TV, CNBC, BBC, Channel News Asia and across Singapore and Hong Kong's business radio channels.
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