Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at a very complacent market as Russia dangles the sword of Damocles over the Eurozone in the form of threats to further sever the supply of natural gas deliveries. Other risks this week include the blitz of earnings reports set to pick up sharply today as Microsoft and Alphabet will report after Walmart stunned the market after hours yesterday with a weak forecast that gutted that stock and other large retailer names. We also discuss the risk that the market is expecting too significant a downward shift in Fed rate guidance even if it does deliver the 75 basis points . Guiding us through the technical situation across a number of assets in today's pod is technical analysis strategist Kim Cramer Larsson, with John J. Hardy hosting.
Listen to today’s podcast - slides are found via the link.
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