
Correction not yet a calamity.
From Saxo Market Call by SaxoStrats
June 8, 2026 · 22 min · Episode 1414
About this episode
The episode discusses the recent market sell-off and its implications amidst various economic factors.
Today, putting Friday's big market sell-off in perspective as an overdue development after the huge recent ramp in high momentum stocks. Broader risk sentiment remains fairly calm, though there is a bit of stress from geopolitics and higher oil prices, as well as on crypto and from a stronger US dollar and higher US treasury yields. Lots to focus on this week and next with the incoming earnings of note and the first Fed meeting led by Fed Chair Warsh next week. This and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links discussed on today's podcast and our Chart of the Day can be found on the John J. Hardy substack (within two to four hours from the time of the podcast release). Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMERThis content is marketing material.Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement…
People in this episode
Host: John J. Hardy
Topics covered
- market sell-off
- high momentum stocks
- geopolitics
- oil prices
- crypto
- US dollar
- US treasury yields
Keywords
- market correction
- investing
- earnings
- Fed meeting
- financial risks
- trading
- market updates
Mentioned in this episode
Organizations: Saxo Bank A/S, Saxo Market Call, Saxo Strategy Team, Fed
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