Saxo Market Call

US stocks buoyant ahead of Fed signals and despite stimulus concerns

August 19, 2020

Today's slide deck: bit.ly/317g75A -
Today we have a look at the ongoing strength in US equities as the S&P 500 cash index finally closed at an all time high, discuss the US stimulus concerns that could be sustained through the election, and look at possible incoming Fed signals and their implication. Peter Garnry looks at interesting single stock stories, particularly Walmart results and Sea Ltd,, and John Hardy looks at the latest dip in the USD and surge in sterling.

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