Lingering concerns below the surface

Today's slide deck: https://bit.ly/3kMLTMe    - Today we look at the apparently positive mood markets are showing after a solid close on Friday that carried over into the Asian session to start this week. We continue to highlight areas of concern, including the still-strong US dollar, EM weakness and especially the woeful state  of European banks, where we are at multi-decade lows. Today with Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.