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 Macro Analysis
Summary: Financial markets have dropped in low gear as we approach Easter week. But do keep an eye out for a consumer sentiment update from the US and, of course, earnings releases from JPMorgan Chase and Wells Fargo.