Today's slide deck: https://bit.ly/3wqnHIJ -
Today we look at whether the markets and the Fed are engaged in a "dangerous game" as the Fed continues to ratchet its rhetoric in the direction of ever more hawkishness and yet somehow remains behind the curve as the market continues to climb. Eventually, the Fed must catch up to recapture the credibility that continues to elude it. We drill down into specific equity stories like Adobe and NVidia, look at the historical market performance under varying financial conditions and assess the latest on crude oil and food commodities at risk from the war in Ukraine. 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