Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at the ongoing strength in risk sentiment in the US, especially in the interest rate sensitive and "bubble" stocks as market seems to be buying into the transitory inflation narrative, although we do note that different conditions for the treasury market could prevail over the next month, starting with quarter-end tomorrow. Elsewhere, we have a look at the EU sovereign bonds, including the next EU bonds on offer, note weather impacts on specific key commodity markets and more. On today's pod are Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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