Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Summary: oday we look at the strong start to the new week and new month after Friday saw the most immediate cause of concern - spiking bond yields - easing back lower. Australia's RBA announced a doubling of longer term bond purchases and the ECB has railed against higher yields recently as well, and the US House just passed the $1.9 trillion stimulus, which now must pass the Senate. Is the market trying once again to celebrate central banks having the market's back - perhaps prematurely? A look at commodities and FX developments on the call as well. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Listen to today’s podcast and have a look at today’s slide deck.
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