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: The market has read the Fed chairman's latest remarks as dovish but the difference between this and earlier statements is marginal. Meanwhile, investors are eager to see whether Trump can master the art of making a deal with Xi.