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
Head of Commodity Strategy
Summary: A late agreement from the Opec+ group has driven prices of Brent crude up by 5% while gold is rallying in response to a soft US jobs print.