Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at the latest downbeat action in the equity market as we still await a more determined directional move after the multi-sigma upside explosion in the wake of the November 10 US CPI release. But it is interesting to note that the speculative nexus around crypto and Tesla are under intense pressure here and could prove a broader catalyst. We also look at the latest impact of rising Covid cases on commodities, the zany dump and pump yesterday in crude oil, the earnings and macro calendar ahead and more. 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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