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
The Federal Reserve has a new boss, and according to Saxo Bank head of forex strategy John Hardy, he's not the same as the old boss.
Jerome Powell brings a candid, frank style to the position, which is proving a sharp contrast to the tone struck by the Bernanke/Yellen Fed. In Hardy's latest webinar, he explains what this could mean for the dollar, the Fed's 'third mandate', volatility, and markets as a whole.
He also takes a closer look at the state of play following the early-February volatility smash-up, including the VIX and risk parity, among other topics.
For more Saxo webinars, see the webinar calendar and archive here.