August 06, 2025

And the next Fed Chair is...

20 minutes

Today, we await the imminent announcement of the identity of the next Fed Chair as Trump has two empty Fed board seats to play with and could fill one of them with his next Fed Chair nominee. We also talk earnings yesterday (AMD, Supermicro and Novo Nordisk) and upcoming earnings today, whether the USD bears are set to get the upper hand again here, key resistance that is still in place for US equities, some great links and more. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links discussed on the podcast can be found on the John J. Hardy substack (with a one or two hour delay from the time of the podcast release).

Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here.

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Intro and outro music by AShamaluevMusic

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