Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at markets posting an indifferent day yesterday after an initially negative reaction to the bump in global yields on the Bank of Japan's policy tweak. We also discuss precious metals jump yesterday, the lay of the land in natural gas markets in Europe and crude oil markets globally, the escalating risks for Tesla as it posted an especially ugly day yesterday despite Musk possibly moving away from Twitter distractions, earnings from Nike and FedEx and more. Today is the final regular daily Saxo Market Call podcast for 2022. Stay tuned in coming days for a string or recently recorded Special Edition podcasts that will keep listeners with their daily fix through to December 30. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast - slides are available via the link.
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