Poor Amazon (AMZN)? Apple's (APPL) Production Endangered? Fed Is Incoming! A Lot To Discuss! - Saxo Market Call

Inflation remains hot, stocks rebound as peak inflation appears to be in place, bitcoin breached USD 30k

Summary:  Today we look at whiplash for US equity traders as sentiment rallied strongly yesterday from depressed levels, only to have a ton of bricks dropped on the market by a very weak Amazon report, all while hopes for Chinese stimulus in the background drove strong sentiment in Asia. We also discuss Apple's supply chain concerns, the outlook for energy given the ongoing lack of investment, fresh spikes in fuel prices, financial conditions, a big week ahead for macro as the FOMC announcement is up next Wednesday, with today's US PCE inflation data for March one of the last big macro data points ahead of that meeting. Today's pod features Peter Garnry on equities, Ole Hansen on commodities and John J. Hardy hosting and on FX.


Listen to today’s podcast and have a look at today’s slide deck.

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Inflation remains hot, stocks rebound as peak inflation appears to be in place, bitcoin breached USD 30k

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