Peter Garnry
Head of Equity Strategy
- @petergarnry
Second, most of these charts show five cases or flat yield leading a recession in the US. So we have five independe… https://t.co/JqXGIrR0ph
- @petergarnry
The number of times I see an analysis pointing to the yield curve flattening as a clear sign of recession ahead is… https://t.co/iz59jFFmSr
- @petergarnry
The pursuit of self-driving technology (level 5) will most likely be the direct cause of the next AI winter. The pr… https://t.co/4NoiLZeGf4
- @petergarnry
Finally some sanity in the overhyped AI technology and all its derivatives. Driverless cars are much longer into th… https://t.co/4dZ768xszf
- @petergarnry
Our recent update to the upcoming Farfetch IPO. Another "platform" company and another attempt at elevated valuatio… https://t.co/jt057ENxqS
- @petergarnry
@BrehmAlexander and more importantly energy, utilities and materials are a large component in the high yield bond s… https://t.co/6qG1Ak29k2
- @petergarnry
@BrehmAlexander I apologise for not being more precise on companies' debt service. If you look at Russell 1000 the… https://t.co/xSBjiPIFHI
- @petergarnry
@Market_Predator Great question. We don't have access to numbers that can answer that question. But outstanding stu… https://t.co/uz8wW24NVH
- @petergarnry
RT @bopinion: How China went from No. 1 business opportunity to Public Enemy No. 1. https://t.co/h1RMV9pYsw
- @petergarnry
Eight session with CSI 300 Index futures printing a close below the open. Not an indicator of strength but merely t… https://t.co/kNFbIl20Lc
- @petergarnry
RT @JMPSimor: Here it comes: London loses top spot in global financial centre rankings https://t.co/g1GYj7KzCV
- @petergarnry
When Ray Dalio yesterday talked about deleveraging and better US households he was likely referring to the US debt… https://t.co/EtNhOuf43h
- @petergarnry
Great article in WSJ today on G5, but you spot the mistake? https://t.co/Z2sa09rtrh https://t.co/EKlGtSifhS
- @petergarnry
I have been following IEX from its early days. I have even routed personal trades to their exchange. My view is tha… https://t.co/KNEWyqQq5L
- @petergarnry
@NordicStock The geographical revenue breakdown is not detailed enough to verify that hypothesis. But online penetr… https://t.co/0Z1plThe20
- @petergarnry
If one believes in risk-on and stronger SEK sentiment over the next 3-month, then maybe Swedish equities (unhedged)… https://t.co/hz31n6OtjQ
- @petergarnry
NIO is now said to price the IPO in the low end of the price range. Pricing date and first day of trading is uncert… https://t.co/x0g7FEGHKF
- @petergarnry
Inditex H1 result shows the company is losing competitiveness due to weak online offering. How can a fashion giant… https://t.co/xYDDOKx4ab
- @petergarnry
@horgawi You are right. But we also said that our timing was probably too early. If we get another round of tariffs… https://t.co/4KBEt63vWB
- @petergarnry
Amazon is a powerful company and have been a great stock for shareholders. But ignoring the antitrust risk is dange… https://t.co/RzxSk4iSb2
- @petergarnry
Key story with potential negative implications for European macro. While high taxes on electricity prices reduce pr… https://t.co/lilvzJGKwg
- @petergarnry
Chinese equities are looking very heavy. If the recent lows are broken it will pose a serious test of market sentim… https://t.co/CtfAnw5BnI
- @petergarnry
@J_Meyer1 Tilray's IPO was extremely frothy but the market has so far supported the stock. It does have resemblance… https://t.co/hlVPMkpbv3
- @petergarnry
Are semiconductors signalling a coming crash in technology? The short answer is no. Read our long answer here...… https://t.co/uXHvNVJt5f
- @petergarnry
because of their global supply chain. The same goes for the car industry. Software dominates technology and will dr… https://t.co/0GXS5eW0TD
- @petergarnry
Is KLA-Tencor comments yesterday an argument for selling technology sector? Technology consists of three groups: so… https://t.co/PAnLQ50y1f
- @petergarnry
There are actually good structural economic reasons for why growth stocks could outperform value stocks for another… https://t.co/jzvcc80IMm
- @petergarnry
Additional statistical analysis may show that this series is trend stationary and hence it may mean revert around t… https://t.co/7LwFjVpn7m
- @petergarnry
If you actually carry out unit root tests on the Growth / Value ratio you will find out that the null hypothesis (u… https://t.co/lcQ4Drtz2h
- @petergarnry
The day's last rant. The MSCI USA Growth / Value ratio is showing everywhere in commentaries as an opportunity to s… https://t.co/vxnO6avgry
- @petergarnry
In fact an increase in shares outstanding in an ETF could be driven by a small period during the session for whatev… https://t.co/N10ZYNPwMW
- @petergarnry
It then shows up as an inflow. But it's driven supply/demand imbalance in the ETF's exchange liquidity. It's showin… https://t.co/BLaYZIh9lS
- @petergarnry
absorb then the ETF price will move above the underlying NAV for the ETF creation unit (basket). This creates an ar… https://t.co/CbgxOSu5ov
- @petergarnry
"Inflow/outflow" is basically changes in shares outstanding in the ETF. This takes place through the create/redeem… https://t.co/hNQ3Q85wvz
- @petergarnry
Why is it that 99% of market participants don't sit down and understand the ETF market properly? The number of anal… https://t.co/Z27aWEHMS5
- @petergarnry
@TeisKnuthsen But it's the new currency of our world ;) where are the companies engaged in blockchain technology re… https://t.co/EdOavtUbIV
- @petergarnry
We are slowly building our 'High Conviction Equities' product. Today we are adding Spotify with a buy recommendatio… https://t.co/PqqwGKNYdc
- @petergarnry
@TeisKnuthsen That can only be true if EM (Asia) does not transform into domestically driven economies such as the… https://t.co/fX8PI9HxYA
- @petergarnry
@TeisKnuthsen trading EM's hiccups the last 10 years (short-term thinking) with where the world is moving. But I th… https://t.co/7gFzJNXlPI
- @petergarnry
@TeisKnuthsen ...work. China and India will protect and grow their own industries. Hence you need local exposure to… https://t.co/pvCorPUxPK
- @petergarnry
@TeisKnuthsen Estimates suggest that in 2050 six out of the seven largest economies will be what are today EM count… https://t.co/J3Nihg2tN7
- @petergarnry
@TeisKnuthsen But EM has had two periods of outperformance. Both came after massive Chinese stimulus. The exact sam… https://t.co/OG2k33V17x
- @petergarnry
@TeisKnuthsen I was not clear. The period I was referring to was 2009-2018. In USD terms (global investor) EM has s… https://t.co/uvRyAXcGOT
- @petergarnry
Our latest Equity Monthly again focusing on emerging markets as this market segment has taken center stage lately... https://t.co/RwrgrwfGLw
- @petergarnry
Europe and EM are linked both economically and also financially. The trailing correlation in financial market is hi… https://t.co/u2XvwNdBhz
- @petergarnry
@TeisKnuthsen EM equities have outperformed MSCI World in 5 out of 10 calendar years (09, 10, 12, 16, 17). 68% of E… https://t.co/GM5wykwiBA
- @petergarnry
@SteffenWM Chefen har allerede gjort det til obligatorisk læsning, så det bliver læst i aften...
- @petergarnry
Our IPO analysis on NIO expected to IPO next week. This IPO will be the ultimate test of market froth. Valuation pr… https://t.co/vTg2Ohh27z
About Peter Garnry
Peter Garnry joined Saxo Bank in 2010 and is Head of Equity Strategy. In 2016, he became responsible for the quantitative strategies team, which focuses on how to apply computer models to financial markets. He develops trading strategies and analyses of the equity markets as well as individual company stocks applying statistics and models.
Garnry developed Saxo Bank’s Alpha Picks which is a monthly publication selecting the most attractive stocks across the US, Europe and Asia. He also contributes to the Saxo Bank Quarterly Outlooks and the annual Outrageous Predictions and is a regular commentator on television, including CNBC and Bloomberg TV.
Peter Garnry joined Saxo Bank in 2010 and is Head of Equity Strategy. In 2016, he became responsible for the quantitative strategies team, which focuses on how to apply computer models to financial markets. He develops trading strategies and analyses of the equity markets as well as individual company stocks applying statistics and models.
Garnry developed Saxo Bank’s Alpha Picks which is a monthly publication selecting the most attractive stocks across the US, Europe and Asia. He also contributes to the Saxo Bank Quarterly Outlooks and the annual Outrageous Predictions and is a regular commentator on television, including CNBC and Bloomberg TV.
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