Rounding up the usual suspects as a new era at the Fed dawns next week.
About this episode
The episode discusses market reactions to recent events, commodity strategies, and insights into macroeconomic trends.
Today, the usual suspects knee-jerked higher Thursday on Trump's latest peace declaration as crude oil dropped, while the other usual suspects (software as a service) were some of the worst performers ahead of Adobe's earnings release after the close. Also, a strong discussion of the status for gold, copper, crude oil and El Niño with Saxo Head of Commodity Strategy Ole Hansen, a look at macro and FX and much more. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links FT suggests that the quantum computing revolution may be coming sooner than we think. Jesse Felder on the Thoughtful Money podcast, pointing out some concerning trends within the AI phenomenon and suggesting we are near a bubble top. A recent Matt Stoller substack post, mostly just encouragement to follow his work and to read his book Goliath and to point out his link to this old post from May of 2009 about Wall Street's capture of Washington - something that Treasury Secretary Bessent has promised to do something about. The new Kevin Warsh Fed will have a critical role to play if this is ever to amount to anything. About twice per week (in normal times, hopefully soon to resume), you will…
People in this episode
Host: John J. Hardy
Topics covered
- Federal Reserve
- market analysis
- commodity strategy
- AI trends
- macro and FX
- investing
Keywords
- Federal Reserve
- crude oil
- gold
- copper
- AI bubble
- market updates
- SaaS
- Adobe earnings
Mentioned in this episode
Organizations: Adobe, Saxo, FT
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