Saxo Market Call

Worst day for equities yet. (Un?)stable coins on the radar.

May 10, 2022

Slide deck: https://bit.ly/3MXQZTY   -

Today we look at the worst single day for global equity markets since 2020 as the major US average broke below key support.  Signs of poor liquidity abound, as the cryptocurrency space was in for a drubbing and one of the stable coins lost its grip on parity with the US dollar. We look at the US treasury yields, commodity developments from metals to energy and agriculture, key stocks to watch, especially Tesla as a bellwether, earnings head and more. Today's pod features Peter Garnry on equities, Ole Hansen on  commodities and John J. Hardy hosting and on FX.

Intro and outro music by AShamaluevMusic

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