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: Today we look at yesterday's very ugly session in the US that took the S&P 500 index in particularly to a pivotal support area, talk Tesla's drop in the wake of "Battery Day" look at the USD spike and gold correction and sudden new volatility in EM currencies with key central bank decisions on tap in EM today. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX
Listen to today’s podcast and have a look at today’s slide deck.
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