Is the unwind of the blow-off top complete in this US-only meltdown?
Saxo Market Call

Is the unwind of the blow-off top complete in this US-only meltdown?

2020-09-09

Today's slide deck: bit.ly/35khoJ2 -
Today we look at another ugly slide in US stocks as the bubble stocks there were in for another drubbing, with the broader market seeing less damage. We also wonder if a key support zone in Nasdaq 100 will hold, as well as whether this will remain a US-only phenomenon. Thoughts on sterling's slide, crude oil, volatility structure and much more on the call. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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