US market closing in on capitulation levels

Saxo's 2022 Outrageous Predictions: Here comes a revolution!

Slide deck for today's episode: https://bit.ly/3rsrp1W   -

Today we discuss a very ugly day for US equities yesterday, with the mega-caps finally joining in with a weak session as focus remains on the Fed's hawkish pivot and the ongoing virus unease. We also dive into contagion risk for credit if leverage loan prices continue to come under pressure, whether OPEC+ can dig the oil market out of its current rut, key equities to focus on for the day ahead after concerning news from Apple on the demand side and more. Today's pod features Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic