Current trends are contradictory
Today's slide deck: https://bit.ly/3pT4jxM -
Today a look at the new record highs for the major US indices, where the epicenter of the next market correction is likely to be, how the current trends of rising USD, rising US yields, and rising risk sentiment are eventually incompatible, what spiked gold yesterday, a look at oil, e-commerce theme stocks, whether sterling may be able to sustain a solid move higher after the BoE and more. Today's call with Peter Garnry on equities, Ole Hansen on commodities, and John J. Hardy hosting and on FX.
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