Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: In this special edition of the podcast, Ole Hansen, Saxo Head of Commodities Strategy, takes us through the remarkable year of 2020 for commodities and what we can look forward to in 2021, where we see significant further risk of a pickup in commodity prices, especially driven by a weaker US dollar and a new policy environment accelerated by the Covid-19 pandemic. Ole also takes us through how investors can gain exposure to commodities in what has become a very different landscape relative to recent years, with commodities in aggregate in backwardation. Hosting the podcast is Saxo Head of FX Strategy John J. Hardy.
Listen to this special edition podcast and have a look at slide deck.
Follow Saxo Market Call on your favorite podcast app: