Today's slide deck: https://bit.ly/361KHzf -
Today we look at the energy coming out of the inflationary narrative in the markets, particularly as commodities prices have calmed recently, but as also noted in patterns in the US yield curve and in FX. Also, a deeper look at the status of the antitrust threat for megacaps after a "reprieve" for Facebook on the dismissal of an antitrust case against that company. Tactically, we note that it is quarter end and that any upside shocks in US labor data could surprise recent market developments on the inflationary narrative noted above. On today's pod are Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.
Intro and outro music by AShamaluevMusic