Today's slide deck: https://bit.ly/3JcoXmj -
Today we look at "everything down" as bonds, stocks and commodities are all generally selling off, a remarkable backdrop as we barrel into tomorrow's FOMC meeting with yields near or at cycle highs along the entire US yield curve. We also discuss crude oil and related products amidst signs of demand destruction, equity sectors that have perhaps yet to absorb the full impact of the war in Ukraine, Volkswagen's results and outlook, Russia heading toward a debt default, currencies and more. Today's pod features Peter Garnry on equities, Althea Spinozzi on fixed income, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic