Today we break down yesterday’s interesting US equity market session, as $140 billion leaked out of the Tesla market cap in a single day, helping drag the broader market lower. Plenty of single stock stories to focus on today, including the IPO today of (future) EV-maker Rivian, and as earnings season marches on. Elsewhere, a look at whether markets are making too much of a fuss about the possibility that US President Biden may nominate Lael Brainard to head the Fed, why crude oil rallied yesterday and gold poking at important resistance. Today’s pod 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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