Equities marching higher on AI and mega caps focus

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

In today's podcast we talk about the improved momentum in equities driven by technology stocks and especially with yesterday's best performing theme being semiconductors driven by AI focus, strong EV demand, and improving demand for memory chips in data centers. We also talk Sweden as a showcase of the impact from tighter credit conditions and the new financial year in Japan. On commodities we cover oil with a focus on recent changes to the Brent crude contract and the slowing production in the US due to cost pressures, lastly on commodities we highlight recent developments in the grain markets. Finally, we cover better than expected earnings from H&M and talk about US non-financial corporate profit margins reached the highest levels in 2022 since the end of WWII. Today's podcast features Peter Garnry on equities, Ole S. Hansen on commodities, and John J. Hardy on FX.

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Intro and outro music by AShamaluevMusic