Why today's Philly Fed report is not as strong as it seems
Today's figures from the Philadelphia Federal Reserve appear bullish at first glance, but a closer examination reveals some mixed signals amidst a decidedly end-of-cycle overall tone.
In this webcast, Saxo Bank global macro strategist Kay Van-Petersen, along with global sales traders James Kim and Andrew Bresler, examines the big issues facing markets in the week ahead.
The key event risk? Newly minted Federal Reserve chair Jerome Powell's question-and-answer session before the US House and Senate committee.
Kay Van-Petersen publishes his Macro Monday video at the start of every week.