Today, a rundown of the market largely springing quickly back from a vicious semi-conductor sell-off ahead of critical potential incoming news as Jensen Huang is set to join Trump in Beijing as we await the outcome of the Trump-Xi summit. Is a deal afoot on semis and more? Also, Saxo Head of Commodity Strategy Ole Hansen on the outlook for oil, interesting signs of precious metals resilience given the backdrop, what is driving the big pop in wheat prices and more. Today's pod is hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Links

George (not Thomas) Friedmann talks geopolitical situation, particularly Russia, US-China summit.
Bloomberg exclusive on China's massive hidden debt piles.
A brief and brutal assessment of why the UK can't get its economy back to the way it used to be, because things simply aren't the way they used to be.
A hedge fund manager on why he steers clear of tech stocks.

About twice per week, 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.

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