The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
Summary: Today we assess the US equity markets remarkable snapback that has now entirely erased the deleveraging move that unfolded last week on the short-squeeze phenomenon and also discuss whether this is necessarily a sign of market health. Also a look at key earnings report in equities, commodity stock under-performance, whether the stronger US dollar and/or rising US yields represent a headwind for risk sentiment, the reversal of silver prices and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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