Saxo Market Call

Fed Chair Warsh impact washes over markets


Listen Later

Today, we note the huge change in vibe and substance as new Fed Chair Kevin Warsh took charge at the Fed at his first meeting. He is a great communicator and put his stamp on how this Fed will be a very different one with far fewer hints on its intentions - i.e. no forward guidance to the degree possible. The initial market read was clearly hawkish, but while short rates jumped as a possible FOMC rate hike was pulled forward, the longest treasury yields fell. We look at the reaction function across markets, including in currencies and more as the market will have to find its sea legs with this new Fed. This and more on today's pod, which is hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Link

  • As discussed on today's pod, interesting to note the GM-Lockheed Martin partnership announcement. It wasn't specified what GM might produce, but the Iran war made clear that the US needs a new approach to mass producing military tech.
  • About twice per week (in normal times, hopefully soon to resume), you will find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack.

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

    Please reach out to us at [email protected] for feedback and questions.

    Click here to open an account with Saxo.

    Intro music by AShamaluevMusic

    DISCLAIMER

    This 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 to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.

    ...more
    View all episodesView all episodes
    Download on the App Store

    Saxo Market CallBy SaxoStrats

    • 4.9
    • 4.9
    • 4.9
    • 4.9
    • 4.9

    4.9

    122 ratings


    More shows like Saxo Market Call

    View all
    Macro Voices by Hedge Fund Manager Erik Townsend

    Macro Voices

    3,073 Listeners

    Top Traders Unplugged by Niels Kaastrup-Larsen

    Top Traders Unplugged

    590 Listeners

    Odd Lots by Bloomberg

    Odd Lots

    1,983 Listeners

    The Meb Faber Show - Better Investing by The Idea Farm

    The Meb Faber Show - Better Investing

    948 Listeners

    Hidden Forces by Demetri Kofinas

    Hidden Forces

    1,441 Listeners

    Real Vision: Finance & Investing by Real Vision Podcast Network

    Real Vision: Finance & Investing

    901 Listeners

    The Market Huddle by Patrick Ceresna & Kevin Muir

    The Market Huddle

    357 Listeners

    Eurodollar University by Jeff Snider

    Eurodollar University

    463 Listeners

    The Grant Williams Podcast by Grant Williams

    The Grant Williams Podcast

    1,346 Listeners

    Wealthion - Be Financially Resilient by Wealthion

    Wealthion - Be Financially Resilient

    367 Listeners

    Forward Guidance by Blockworks

    Forward Guidance

    271 Listeners

    The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

    The Macro Trading Floor

    214 Listeners

    Thoughtful Money with Adam Taggart by Adam Taggart | Thoughtful Money

    Thoughtful Money with Adam Taggart

    421 Listeners

    The Julia La Roche Show by Julia La Roche

    The Julia La Roche Show

    80 Listeners

    Monetary Matters with Jack Farley by Jack Farley

    Monetary Matters with Jack Farley

    151 Listeners