Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: Today we look at the strong close to last week, month and quarter as US indices surged, especially driven by a megacap surge and hype in names linked to the generative artificial intelligence phenomenon. The party was partly spoiled at the weekend on OPEC announcing a surprise cut in production, which triggered a several dollar jolt higher in crude oil prices. Elsewhere, we look at the week ahead on the macro calendar, with the RBA set to meet Tuesday, and look at Tesla's delivery numbers for Q1, grains and much 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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