Peter Garnry
Head of Equity Strategy
- @petergarnry
@AndreasSteno @bondstrategist @Tatiana_Evd @chigrl @PriapusIQ Thanks Andreas 🙏 have an awesome weekend! 🍾
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RT @johnjhardy: Today's Market Call podcast - talking ongoing virus fallout, ECB wrap, sterling prospects, equity earnings and valuations a…
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Why the White House is getting nervous about the economy. Not the recipe for re-election... https://t.co/2dTny7NmL6
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@Stevephenni @Steen_Jakobsen @SaxoStrats Thanks! Most of them are not pure plays such as Sandvik. It is a criteria… https://t.co/ZzwSrUrnH4
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The much talked about new VC barometer from Bloomberg vs S&P 500. If anything the S&P 500 leads VC...but in general… https://t.co/7S36sBVESL
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@Market_Predator @johnjhardy @Ole_S_Hansen There were no mentioning of this during the live presentation. Our techn… https://t.co/q5qJuThD8Y
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@C_Barraud Good observation. But never extrapolate from four observations. Creates blindness to risk.
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RT @Ole_S_Hansen: Our Q1 Outlook is out now and the strategy team has chosen climate and inflation as the two major themes. It's called "Th…
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@jsd148 They were profitable in terms of cash flows but not on accounting earnings due to many accounting factors t… https://t.co/hztRk87HWc
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@HayekAndKeynes Couldn’t lower return expectations overall also entice HFs to use more leverage to generate sufficient returns?
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@MT__Bigsky Producing 10,000,000 ICE cars in 2020 that politically, in two of the largest car markets in the world,… https://t.co/T9oUKyGtoN
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@laszlo71 No no...what has happened since last summer? Australia on fire. The climate agenda is shifting into a tot… https://t.co/2DBDfPeI3S
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But can the equity market be horrible wrong? Yes of course, but sometimes it prices the future correct. Amazon is a… https://t.co/uILum3bEwe
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I’m so tired of all the Tesla 400,000 cars vs VW 10,000,000 cars per year comparisons in relation to valuation. It’… https://t.co/J02ICdun14
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RT @profgalloway: Sunshine hours map. California gets almost twice the sunshine hours of Italy, NYC & Chicago. https://t.co/4ph8aOxdoI
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RT @johnjhardy: The US 2020 election will be decided on voter turnout - and on that account, while so many seem to believe Trump a shoo-in…
- @petergarnry
@Schuldensuehner You forget an important point here when comparing the US with the EZ. Debt growth has been far hig… https://t.co/DRaWnbXfap
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Great thread on the Korean Structured Products threat to financial markets - clear hidden risk that will bite durin… https://t.co/5ggrC6hKuL
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RT @johnjhardy: Today's Market Call podcast, talking commodities, 2020 high for USD, Bank of Canada and much more -> https://t.co/eeMIZin7m…
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Netflix didn't demonstrate any good cash flow management in Q4 with cash flow generation deteriorating due to conti… https://t.co/AxsIBsVERV
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Investors are breathing a sigh of relief as Netflix's international user growth offset weakness in the US. But the… https://t.co/WWwlr5v0tE
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@kelnagdy Yes - would probably call it a quasi monopoly - but competition is fortunately heating up in that industry...
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@TaviCosta We looked at it today. It’s a poor predictor for equities and the economy. If anything equities lead VC… https://t.co/F4ZJcO2WyS
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@paalf86 Yes. In January 2000 the US 10Y yield was 6.7% which pushed the equity risk premium to the lowest level ev… https://t.co/fumkWvnZuO
- @petergarnry
Funny how lower rates don't lead to more investments and lending. The world is not linear after all. When will ECB… https://t.co/paaWWWqbll
- @petergarnry
Here is a question. Microsoft's current free cash flow yield is around 3.5% with revenue growing 12% y/y. US 10-yea… https://t.co/bVjmYQuFCQ
- @petergarnry
For everyone that still doesn't get this 10-year equity rally. Major equity indices are comprised of technology mon… https://t.co/CFwYhHqSOG
- @petergarnry
RT @Ole_S_Hansen: Mission Impossible: China can't meet its commitments on U.S. #crudeoil, #LNG and #coal buying according to @ClydeCommods…
- @petergarnry
RT @johnjhardy: What about the hedging... -> The Nordic real estate market attracted more investor cash than ever before last year, and it…
- @petergarnry
@RobertMacMinn @Ole_S_Hansen WeWork desperately needed an IPO and then rescue financing...sometimes markets are about acute needs
- @petergarnry
RT @michaellebowitz: BOEING IS TALKING TO BANKS ABOUT BORROWING $10B OR MORE: CNBC Imagine if they hadn’t bought back stock and focused on…
- @petergarnry
@Mintgecko Fair point! Our analysis looks at the global sector but we have noted the high quality among Canadian producers!
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RT @Ole_S_Hansen: Exchange-traded funds and notes tracking food #commodities continue to climb after hitting a decade low last September. E…
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@trevornoren @jessefelder At these low rates it should probably be much higher with all the risk that obviously com… https://t.co/Ji6oMT9GGd
- @petergarnry
@BittelJulien The model undershot by almost the spread in 2003 as it is now overshooting. I would that this just wi… https://t.co/o3KFhxt5ax
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RT @tracyalloway: Two records of note for the corporate bond market in 2019, via BAML: - BBB-rated bonds now account for a record 50% of i…
- @petergarnry
This is getting more serious. Have this on your radar...the virus is developing more seriously than initially commu… https://t.co/z9HW9RXHkG
- @petergarnry
Our equity note on the oil and gas industry as natgas went below $2 today and restructurings are on the rise...… https://t.co/LoGverigEt
- @petergarnry
RT @ole_b_peters: @mikeandallie @EricRWeinstein ...and that has a lot to do with our failure to understand #ergodicity: we're constantly tr…
- @petergarnry
@Bigeberg @Ole_S_Hansen We don't have an index to isolate specifically the American shale producers, but we have a… https://t.co/fWx9jWGCK8
- @petergarnry
Today's Market Call podcast discussing potential major oil supply disruption from Libya as the conflict worsens. We… https://t.co/2xizGufLqA
- @petergarnry
@NelleKnows87 @mi_prisco It’s in the platform under SaxoSelect. You need to take a suitability test. The backtest y… https://t.co/3JXJ1sVa6c
- @petergarnry
@TaviCosta Scale job openings with size of labour market. Creates better stationary time series. Will show same change but less severe.
The Swedish rate experiment; miners are not buying the “rebound” trade
Peter Garnry
Head of Equity Strategy
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