Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Chief Macro Strategist
Summary: Today features Saxo CIO Steen Jakobsen as we discuss the break higher in commodities that will likely eventually challenge the assumption of ongoing disinflation. We also ponder what today's FOMC meeting will bring relative to market expectations, and more importantly what the Fed is trying to accomplish as this cycle plays out into an eventual recession. We also look at the woes Europe faces here and the impossible task for the ECB. This and more on today's pod, which is hosted by John J. Hardy.
Listen to today’s podcast - slides are available via the link.
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Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
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