Market rips higher on, well, what exactly?
Today's slide deck: https://bit.ly/3B5iwgd -
Today we look at the steep market comeback yesterday, in part stoked by a sharp recovery in sentiment in China, but the sources of the sharp upside in the US are a bit murky and may have been aggravated by thin liquidity. Today we delve into the treasury market outlook around Jackson Hole, thoughts on whether German Bunds are near their absolute low potential, the massive crude oil bounce from an important support level, gold, long term perspective on EM valuations, earnings round-up for this week 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
