Heart of earnings season this week. Debt ceiling next steps.
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Link to slide deck: https://bit.ly/3LoIaEG - Today we look at global markets in very different places as slumping commodities are a huge question mark on the quality of the recovery and the China re-opening story, while Europe has gunned to within reach of all time (non-inflation adjusted) highs. Meanwhile, the debt ceiling concern level continues to intensify while we try to identify the next steps this week that will determine whether the odds for a mishap are rising or falling. For equities, this week brings the heart of earnings season, with a long list of megacaps and bellwether names reporting. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Click here to open an account with Saxo - Intro and outro music by AShamaluevMusic