Today's slide deck: bit.ly/3s84MOK -
Yesterday's US CPI report for July failed to be the big market event although in the subcomponents of the CPI report there were clues about elevated rent prices which could be the next catalyst for higher inflation than what many market participants expect. We talk about technology stocks underperforming the rest of the market over the past week and comment on strong Q2 earnings from Foxconn and NIO's earnings from yesterday. On commodities we touch on the situation in oil markets with the latest comment from the White House asking OPEC+ to raise production to ease US gasoline prices. Finally, we round off with today's important macro releases and the earnings to watch. On today's podcast are Ole S. Hansen on commodities and hosting Peter Garnry on equities.
Intro and outro music by AShamaluevMusic