Saxo Market Call

Squeeze on shorts continues to dominate headlines on FOMC day.

January 27, 2021

Today's slide deck: Today's slide deck:   -

Today, another look at the short squeeze developments and as the intense GameStop squeeze continued yesterday and even after hours despite Monday's pump and dump in the stock. We underline the danger of engaging in the zany action here while at a loss to understand how long the phenomenon can continue, though the time frame is likely to prove relatively short. Elsewhere, we look into the US treasury and BTP market, preview the FOMC meeting tonight, note signs of strong demand for risky UAL debt and more. Today's call with Peter Garnry on equities, Althea Spinozzi on fixed income, and John J. Hardy hosting and on FX.

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