Today's slide deck: https://bit.ly/3ri64Xh -
Today, we look at a weak session in the equity market yesterday, but one that continues to show violent cross-currents as performance levels for various themes continue to diverge significantly and where there may be a considerable contrast in where institutional investors are focusing their buying versus a possibly more straightforward buy-the-dip mentality from retail traders. We also look at the US treasury auctions this week as the yield curve remains stubbornly flattish, note the ongoing JPY resurgence, the USD failing to serve as a safe haven yesterday and what we are looking for on the increasingly busy earnings calendar. Today's pod features Peter Garnry on equities, Althea Spinozzi on fixed income, and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic