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Podcast: Podcast: Podcast:

Podcast: Market indulges in risk-on after weak Powell pushback.

Podcast 20 minutes to read
Saxo Market Call

Summary:  Today features Saxo CIO Steen Jakobsen as we look at last night's FOMC meeting and Fed Chair Powell's unwillingness to push back strongly against market expectations for the path of Fed policy and really unwillingness to provide any guidance beyond data dependence. This sparked a strong risk-on rally as the market indulged in a complacent forecast for the path of inflation and the path for the Fed - something we would push back against strongly. Upcoming earnings, US-China relations and more on the pod. John J. Hardy hosts.

Listen to today’s podcast - slides are found via the link.

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Questions and comments, please!
We invite you to send any questions and comments you might have for the podcast team. Whether feedback on the show's content, questions about specific topics, or requests for more focus on a given market area in an upcoming podcast, please get in touch at marketcall@saxobank.com.

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