Equity markets are down heavily - against commodities.

Slide deck: https://bit.ly/3JOz4NC   -

Today we remind equity traders to keep in mind that nominal equity prices are one thing as the Nasdaq 100 index in the US, for example, manages to hang on near pivotal levels, while equity levels versus something like a basket of commodities paint a very different picture. We also look at the latest moves in the key commodities, preview the earnings and macro calendar for the week ahead and more. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic