Today's slide deck: https://bit.ly/3lc2FHQ -
Today we look at the ongoing energy crisis, which is spreading more aggressively into oil prices now, scratch our heads at yesterday's attempt to piece together a rally in equities and then the negative sentiment shift overnight and into this morning, with no relief in sight as the USD pulls back stronger, driven in part by rising US treasury yields. A look at interesting policy signals from Prime Minister Boris Johnson in a speech today, inflationary signals from cotton and PepsiCo's guidance on price hikes, the RBNZ sell-the-fact rate hike overnight 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