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For the aspirational trader and financial markets professional. Coming at you two to three times a week, the Saxo Market Call is the high frequency podcast for real-time analysis of the financial markets across asset classes, from forex and rates to equities and commodities.
Episodes

Friday May 27, 2022
Friday May 27, 2022
Slide deck: https://bit.ly/3wLrXkI -
This Special Edition podcast features Peter Garnry, Saxo's head of Quant and Equity Strategy who offers his perspective on the status of the current US equity market drawdown and what makes it unlike any other market drawdown, relative to the current economic backdrop, since at least the 1980's and even the early 1970's. That's because we have nearly reached classic bear market status (a -20% drop from the top) even with a US economy that has yet to roll over and a Fed that is still bent on tightening policy further. We also look at why this drawdown is likely to achieve "top"-five status among bear markets of the last century as inflation is likely to continue even on any softening growth, preventing the kind of QE and rate cut response that has driven the levering up and serial asset price bubbles since the mid-late 1990's. This episode was recorded on Wednesday, May 25, with John J. Hardy hosting.
Intro and outro music by AShamaluevMusic