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 look at the weak risk sentiment in US markets as the major averages look wobbly below some key support levels, look at the political situation in the US potentially limiting further stimulus, discuss the Nikola bombshell, Tesla's upcoming battery day, the JPY on the move, oil and futures positioning and more. Today 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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