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Suddenly almost nowhere to run and hide amidst historic meltdown.
Summary: Today, a look at yesterday's historic meltdown in US equities, which broadened out to the almost all sectors in addition to the ground zero of the AI trade. We look at new developments in intermarket dynamics on this move as well, especially in currencies as the US dollar finally came alive as a safe haven as in the days of yore. This and much more on post-election thoughts from the pod host, Global Head of Macro Strategy at Saxo Bank John J. Hardy.
Listen to the full episode now or follow the Saxo Market Call on your favourite podcast app.
Links
- This is hilarious - all of the hyperbillionaires set to sing "We were always blue"? Warning - obvious deepfake, if only for entertainment purposes.
- John's The FX Trader from today.
- What might Trump be up to over the last two years of his presidency after the drubbing he got in the mid-terms? Let's hope he won't behave like this.
- Hedge fund manager Harris Kupperman on how to find outlier investment ideas.
- Could ChatGPT have been decisive in this election? An intriguing possibility with profound implications for the politics if so!