Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we note the interesting and remarkable divergences in market internals yesterday despite the nominally uneventful session, one that saw VIX volatility continuing its freefall back into the range. We highlight widening corporate bond spreads as a concern, run through the latest on grain prices and copper, talk Tesla's weak performance, stocks and earnings to watch today, FX themes and gold, and more. Today's pod features 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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