Podcast: Houston, we have a bubble

Podcast: Houston, we have a bubble by Michael McKenna
Yesterday’s acceleration in the US megacap stocks on top of an already torrid rally underlined the thesis that we have entered into bubble territory there. Today’s Powell speech is possibly important for the narrative driving this historic market. Elsewhere a look at the reaction potential of other markets over the Powell speech and why energy prices are shrugging off a vicious hurricane strike in the US, golds focus on yields and more

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

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