Macro: Sandcastle economics
Invest wisely in Q3 2024: Discover SaxoStrats' insights on navigating a stable yet fragile global economy.
John Hardy
Chief Macro Strategist
Summary: In this monthly FX update, John refreshes the outlook on sterling after the UK election and revisits ongoing themes like the wait for a switch to a fiscal focus from policymakers, the ongoing historic extremes in low volatility, and what is needed to open a path to a weaker US dollar in 2020 after 2019 largely proved a bust for USD bears. Recorded on December 17, 2019.