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Saxo Market Call

Business:Investing

Are we reaching peak Musk?

2021-02-09

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Today's slide deck: https://bit.ly/3jvbA4y -

Today, a look at new record high for equities and an open question on whether we are reaching peak Elon Musk after the Tesla CEO touted his company's investment in Bitcoin, triggering a 20% rally in the cryptocurrency. Also, a breakdown of the developments in US treasuries ahead of key auctions this week, thoughts on credit as junk bond spreads reach new extremes, the latest boost to commodities prices and commodity-linked equities and much more. Today's call with Peter Garnry on equities, Althea Spinozzi on fixed income, and John J. Hardy hosting and on FX.