Extreme divergence in equity market internals over last week

Link to slide deck: https://bit.ly/3ILNoZJ   -

Today, we note the extreme divergence in equity market themes over the last week that is a hidden development underneath the strong performance of the major US indices on Friday. We look at the moderate impact thus far of the debt ceiling agreement-in-principle reached at the weekend, discuss the strong earnings season and few interesting names set to report this week. Energy and the European natural gas market are in focus in commodities while we also try to gauge where we are in terms of timing an eventual recession with US yield-curve and consumer confidence survey indicators. This and more in today's, which features Peter Garnry on equities, Ole Hansen on commodities, with John J. Hardy hosting and on FX.

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Intro and outro music by AShamaluevMusic