What shoe is this market waiting for to drop?

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Link to today's slide deck: https://bit.ly/3NN4uK1   -

In today's podcast, we note that the market is scratching around for catalysts as we await US CPI data tomorrow and wonder whether it will even prove a catalyst. The most interesting news overnight was the surprising plunge in China's imports in April, further challenging the "re-opening" narrative. We also look at gold, stocks to watch today, the challenges for Sweden's financial system, earnings to watch and much more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

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Intro and outro music by AShamaluevMusic