Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at a frothy US equity market as traders react to Elon Musk's move to acquire a significant portion of Twitter, Cathie Wood and the absurd idea of $12 oil, the irony of easing market conditions when key financial conditions are rapidly tightening and are set to tighten further in the months ahead. We also look at falling container rates, the latest on the crude oil and wheat outlook, what is moving FX, including the Australian dollar, nominal equity market returns versus real returns and more. Today's pod features Peter Garnry on equities, Ole Hansen on equities 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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