Steen's Chronicle: Macro Q1

Dear All,

 

Although I did sent you a macro presentation yesterday, I now have the "finished" product of our medium to long-term macro narrative ready….

 

2018 was for us: The Four Horsemen, now… 2019 will be The Global Policy Panic

 

There is also main conclusions, plus my present asset allocation and we are entering "full risk on" mode as we navigate January, trade wars, Brexit and the likes.

 

For those who read yday's presentation there is many new charts and a new structure/flow..

 

We will shortly also publish our Q1 Macro Outlook  - please follow on Home.SAXO

 

Enjoy the weekend and as always "safe travels"….

 

 

Med venlig hilsen  |  Best regards
Steen Jakobsen  |  Chief Investment Officer

 

Saxo Bank A/S  |  Philip Heymans Allé 15  |  DK-2900 Hellerup
Phone: +45 39 77 40 00  |  Direct: +45 39 77 62 23  |  Mobile: +45 51 54 50 00

 

Research: http://www.tradingfloor.com/traders/steen-jakobsen

Please visit our website at www.saxobank.com

 

 

This email may contain confidential and/or privileged information. If you are not the intended recipient - or have received this email by mistake - please notify the sender immediately and destroy the email. Any unauthorised copying, disclosure and/or distribution of the contents and/or attachments in this email is strictly prohibited.

Email transmission security and error-free delivery cannot be guaranteed as information could be intercepted, corrupted, destroyed, delayed, incomplete and/or contain malware (virus). The sender of this email, therefore, does not accept liability for any errors and/or omissions in the contents of this message, which may arise as a result of email transmission.