Inquiring minds are tuned into the Saxo Bank's 4th Trading Debate on Volatility and Performance.
Another "Shock Drop" in Markets
Saxo Bank CIO Steen Jakobsen says Another 'Shock Drop' is Coming and it's Coming Soon
Steen takes the view that central bank policy is creating a 'fantasy land' for investors and he points out that the recent 'day dive' in markets was a closer reflection of reality.
Steen outlines his suggestions for trading ahead of another dip in mid November with targets for the S&P 500 around 1810 and the Dax at 8000 - 7800.
China Replicates West's Mistakes Says Trading Panel
Martin O'Rourke, Managing Editor of Saxo's TradingFloor.Com says China 'Replicates' West's Mistakes.
"China's lesson from the Asia crisis of the 1990s was never to be beholden to the West for debt," Director at Fathom Consulting Danny Gabay said. "Our concern is China will mismanage what increasingly looks like a hard landing."