Quarterly Outlook
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity
John J. Hardy
Global Head of Macro Strategy
Global Head of Macro Strategy
Summary: Risk sentiment soured again in Asian markets, knocking AUD and other risk-correlated currencies lower as the USD and especially the JPY firmed. This may mean the end of the bounce in risky assets from the panic lows of late December.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity