Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at the wild swings in Nvidia shares ahead of that important company's earnings report after the close today, with much at stake as the company has a very high bar to clear in terms of results and guidance, given the share price. We take a look at some of the largest likely buyers of Nvidia and why their capital expenditures have not expanded in line with the expected surge in Nvidia revenues. Elsewhere, we continue to discuss what the Fed will hint at in this Friday's Jackson Hole speech from Fed Chair Powell. In commodities, we focus on copper and oil. This and more in today's pod, which 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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