POPULARITY
12 episodes with steen jakobsen
10 episodes with steen jakobsen
6 episodes with steen jakobsen
5 episodes with steen jakobsen
3 episodes with steen jakobsen
3 episodes with steen jakobsen
2 episodes with steen jakobsen
6 episodes with steen jakobsen
2 episodes with steen jakobsen
Investering handler for en stor dels vedkommende om at se ud i fremtiden, men hvordan griber man den opgave an, når intet er, som det plejer at være, og verden måske står over for store forandringer? Millionærklubben spørger "de tre tenorer" aka Ulrik Bie, Henrik Drusebjerg og Steen Jakobsen og undersøger, om der er steder, man kan søge ly eller muligheder, man bør benytte sig af. Vært: Bodil Johanne GantzelSee omnystudio.com/listener for privacy information.
Omkring 4 procent. Så meget er det toneangivende amerikanske aktieindeks S&P 500 nede i år, og blødningen under Trumps ledelse fortsatte i sidste uge. Vil tabene fortsætte? Lurer der en amerikansk recession lige under overfladen? I Europa har den kommende tyske kansler Friedrich Merz fået flertal for sin gigantiske økonomisk stimulipakke, og meget tyder på, at opturen i Europa fortsætter. Til sidst taler vi om det sprængfarlige Grønlands valg, og hvad det betyder for landets økonomi og Trumps tilnærmelser. I studiet: Steen Jakobsen, Sara Sjølin og Magnus Barsøe. See omnystudio.com/listener for privacy information.
De europæiske aktier har klaret sig markant bedre end de amerikanske i løbet af årets to første måneder, og mandag forsætter de europæiske forsvarsaktier med et buldre opad. Samtidig er den amerikanske præsident Donald Trump nu for alvor ved at koble USA af fra Europa. Men er Europa klar til økonomisk lederskab? Kan vi finansiere vores eget forsvar? Og kommer den europæiske aktieoptur til at fortsætte? Svaret til det sidste er et rungende ja, lyder vurderingen i studiet, hvor vi har selskab af Saxo Banks tidligere cheføkonom Steen Jakobsen og økonomisk kommentator Frank Hviid.See omnystudio.com/listener for privacy information.
Yin og yang, dag og nat, kold og varm. Der findes uendeligt mange modsætninger, og denne torsdag zoomer Millionærklubben ind på to modsatrettede spørgsmål. Dagens panel vil nemlig svare på hvad det absolut bedste, man kan gøre som investor lige nu, er. Og modsat: Hvad er det absolut værste, man kan give sig i kast med. Svarene på de spørgsmål kommer i udsendelsens anden halvdel, for vi skal også forbi FLSmidth, Zealand Pharma, ISS og alt det andet, der rør sig på finansmarkederne. Dagens panel er Lau Svenssen fra Svenssen&Tudborg samt Steen Jakobsen, investor og bestyrelsesmedlem. Vært: Signe TerpSee omnystudio.com/listener for privacy information.
Saxo Banks mangeårige cheføkonom i Steen Jakobsen er i studiet til en snak om Trumpisme, økonomi og aktier. I 2016 anbefalede han, at man skulle læse Karl Marx, hvis man ville forstå verdensøkonomien og den politisk vrede, der gav vind i sejlene til Donald Trump, Marine Le Pen og Brexit. I dag lyder hans anbefaling på at læse Alexander Dugins 'The Fourth Political Theory', hvis man vil forstå den drejebog, der i dag benyttes af alle de store politiske ledere. Det handler om at skabe et narrativ om en stærk national identitet og et stærkt militær, og om ikke at være bange for at ty til løgnen, når man er i tvivl. Men i modsætning til mange kommentatorer er han optimist på Europas vegne. Til sidst i programmet giver Steen konkrete råd til, hvilke virksomheder og brancher, man skal investere sine penge i en Trump-verden.See omnystudio.com/listener for privacy information.
Der skal tilføres yderligere 300 milliarder kroner til forsvaret, lyder det fra Venstre. Men har vi råd til det? Og har vi overhoved tillid til, at det skandaleramte forsvar kan styre det svimlende milliardbeløb? Vi har ekspert Peter Ernstved Rasmussen i studiet. Vi tager også en snak med Saxo Banks tidligere cheføkonom Steen Jakobsen om Trumps nye økonomiske og politiske verdensorden: 'Trump vil smadre det bestående og måske er det nødvendigt', lyder det kontroversielle budskab.See omnystudio.com/listener for privacy information.
Steen Jakobsen's career includes pivotal roles at institutions such as Chase Manhattan, UBS, Christiania Bank, and Saxo Bank where he is recognised for his expertise in markets and trading. Steen is renowned for his annual "Outrageous Predictions" report, which challenges conventional market wisdom and stimulates critical thinking about potential economic scenarios. Steen also serves at several boards including Flex LNG and Frontline. Christopher Vonheim is a Norwegian host focused on business, ocean industries, investing, and start-ups. I hope you enjoy this tailor made content, and help us make this channel the best way to consume ideas, models, and stories that can help fuel the next entrepreneurs, leaders and top performers.Disclaimer: All opinions expressed by Christopher Vonheim or his guests on this podcast are only their opinions and do not reflect the opinions of Vonheim. You should not treat any opinion expressed by Christopher Vonheim as a specific reason to invest or follow a particular strategy, but only as an expression of his opinion. This podcast is for informational purposes only. Hosted on Acast. See acast.com/privacy for more information.
Usikkerhed er pr. definition gift for finansmarkeder og usikkerhed er, hvad der - i hvert fald på den korte bane - præger det amerikanske præsidentvalg. Men hvordan tager markederne imod gårsdagens udmelding fra Biden om et snarligt farvel og tak? Millionærklubben ser på sagen og debatterer, om der overhovedet eksisterer realistiske metoder for vurdering af geopolitiske risici, når man investerer. Dagens panel består af chefanalytiker i Svenssen & Tudborg, Lau Svenssen, samt selvstændig finanskommentator og bestyrelsesmedlem Steen Jakobsen. Vært: Bodil Johanne Gantzel. See omnystudio.com/listener for privacy information.
Verden er ikke, som den har været. Det mener i hvert fald investor Steen Jakobsen, der ligefrem taler om et paradigmeskift for global økonomi. Hør ham udfolde, hvad der ligger bag den pointe i dagens udgave af Millionærklubben, hvor også Lau Svenssen tjekker dagens aktuelle regnskaber og finansnyheder. Vært: Bodil Johanne Gantzel. I dagens udgave kan du blandt andet høre om: Inwido BAE Systems FLSmidth Beyond Meat GomSpace Group See omnystudio.com/listener for privacy information.
Markets seem pretty convinced that 2024 is experiencing, in the words of US Treasury secretary Janet Yellen, a soft landing. But what if everyone is wrong? And if they are wrong, which assets are cheap right now and what will happen to the market? Steen Jacobsen, Chief Economist and Chief Investment Officer of Saxo Bank, has been pointedly asking these questions of late. And today, we're going to hear what he thinks the answers are. Follow Steen at analysis.saxo WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at https://www.thoughtfulmoney.com #marketcrash #election #interestrates
Saxo Bank has published the latest in its annual series of “outrageous predictions,” and among the bigger calls is that American capitalism is ending. As US debt spirals ever upwards, the federal government will have to make government bonds tax-free, according to Chief Investment Officer Steen Jakobsen, who joins this week's Merryn Talks Money to discuss the list. “The hand of government is just getting heavier and heavier,” he says.Other predictions include a global Champions League owned by Saudi Arabia, a health crisis triggered by obesity drugs and a two percent European Union wealth tax.See omnystudio.com/listener for privacy information.
Der bliver åbnet (for billig) libanesisk vin og lavet sandsynlige forudsigelser for markedets bevægelser, når investeringsdirektør i Saxo-kanonen Steen Jakobsen gæster studiet. For at være helt ærlig, så er det her et ret godt afsnit, som du bør høre.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
In this special edition of Market View, we're going to let our imagination run wild and look at a series of Outrageous Predictions for 2024. Done by online trading and investment firm Saxo annually, the predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across financial markets. The title for this year's predictions is called “The End of the Road” – for complacency that is. Entering 2024, Saxo sees a world at an inflection point, with the familiar road of the last decade coming to an end. What that means, according to Saxo's Chief Investment Officer, Steen Jakobsen, is that the smooth road the world has travelled on since the Great Financial Crisis, with stable geopolitics, low inflation,and low interest rates has now been disrupted, and that we now see a future filled with unpredictability ahead of us. Some of his out-of-the-box predictions include: oil prices at US$150, Saudi buying the Champions League franchise, the world hit by a major health crisis due to obesity drugs, Generative AI deepfakes triggering a national security crisis, and luxury shares plunging on an EU wealth tax. On Market View, The Evening Runway's finance presenter Chua Tian Tian unpacked the predictions with Steen Jakobsen, Chief Investment Officer at Saxo.See omnystudio.com/listener for privacy information.
In this episode we discuss what we have chosen to be the best outrageous prediction for 2024 sent to us by our clients at Saxo. The outrageous prediction is simply that government abandons the GDP measure as the yardstick for progress and how to steer the economy. Given that rising GDP has been the key policy objective by developed countries since the Great Depression this would truly be an outrageous prediction. We discuss this outrageous idea and the problems with GDP in a greater macroeconomic context, with Peter Garnry and Steen Jakobsen. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo
12 Dec 2023. As the text of a draft deal at COP28 has stopped short of calling on nations to gradually phase out fossil fuels, resulting in strong reactions from countries and delegates here, we hear from Christina Voigt. Christina has worked as a legal adviser and climate negotiator for the Government of Norway for more than 10 years. With COP28 drawing to a close, a draft text of the summit agreement has prompted widespread backlash from countries vulnerable to climate change. Tanzeed Alam, Managing Director, Earth Matters Consulting explains how fossil fuels and finance remain key hurdles in the negotiation text at the climate summit. We'll also hear from Steen Jakobsen, Chief Investment Officer, Saxo Bank on their annual Outrageous Predictions for 2024. The eight predictions focus on a series of unlikely but underappreciated events which, if they were to occur, would send shockwaves across the financial markets. Finally, we're talking all things tax with expert John Casey, General Manager - Virtuzone Accounting & Tax.See omnystudio.com/listener for privacy information.
Hvilket syn har finansbranchens svar på De Tre Tenorer på global økonomi, og hvad er deres udsigter for fremtiden? Det kan du høre i dette afsnit af Millionærklubben Eksklusiv. Debatten styres af Millionærklubbens faste vært, Bodil Johanne Gantzel, og med i panelet er: Steen Jakobsen, cheføkonom i Saxo Bank, Henrik Drusebjerg, chef for nordisk investeringsstrategi i investeringsbanken Quintet og Ulrik Bie, økonomisk redaktør på Berlingske. Du kan blandt andet høre, hvor de pt. ser størst mulighed for at få et rimeligt afkast. Alt sammen blandet med deres enorme bagkatalog af erfaringer og anekdoter fra finansbranchens ypperste hylder.See omnystudio.com/listener for privacy information.
Hvilket syn har finansbranchens svar på De Tre Tenorer på global økonomi, og hvad er deres udsigter for fremtiden? Det kan du høre i dette afsnit af Millionærklubben Eksklusiv. Debatten styres af Millionærklubbens faste vært, Bodil Johanne Gantzel, og med i panelet er: Steen Jakobsen, cheføkonom i Saxo Bank, Henrik Drusebjerg, chef for nordisk investeringsstrategi i investeringsbanken Quintet og Ulrik Bie, økonomisk redaktør på Berlingske. Du kan blandt andet høre, hvor de pt. ser størst mulighed for at få et rimeligt afkast. Alt sammen blandet med deres enorme bagkatalog af erfaringer og anekdoter fra finansbranchens ypperste hylder.See omnystudio.com/listener for privacy information.
Live from his vacation home in sunny Spain, Andreas hosts the great Steen Jakobsen of Saxo Bank to a talk on commodities, positioning and in particular "Inflation math". Why are we so slow to adjusting our thinking to a high interest and high inflation environment and how should we adapt? Hear a great analysis from Steen as well as an update on our very own portfolio and current research here at Steno Research.Host: Andreas Steno LarsenGuest: Steen Jakobsen, Saxo Bank
Link to slide deck: https://shorturl.at/inqJ8 - The AI rally with Nvidia at its center is showing cracks with our bubble stocks basket down 13% this month and Nvidia shares breaking down technically yesterday. In today's episode we have also invited our Chief Investment Officer Steen Jakobsen to talk in more details about his big call that the economy will enter a stagflation light environment. We also touch on today's US July CPI report and what it means for bonds, the big move yesterday in natural gas due potential Australian LNG supply risks and finally we talk earnings from Novo Nordisk, Siemens, and Disney. On today's podcast are Peter Garnry on equities, Steen Jakobsen on macro, and Althea Spinozzi on fixed-income. Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here. Click here to open an account with Saxo - Intro and outro music by AShamaluevMusic
Hvor er verden på vej hen? Hvilken effekt får de højere renter? Og hvornår kommer den længe frygtede recession egentlig? Millionærklubben har sat "De Tre Tenorer" aka Ulrik Bie, Henrik Drusebjerg og Steen Jakobsen stævne på Folkemødet på Bornholm til en snak om global økonomi, fremtiden i finans og aktuelle muligheder for investorerne. Vært: Bodil Johanne Gantzel. See omnystudio.com/listener for privacy information.
Link to slide deck: https://bit.ly/3Li0Ne9 - Markets got big jolt yesterday when Silvergate Capital announced a liquidation of the bank that has suffered from the implosion in cryptocurrencies. The event cascaded into SVB Financial (Silicon Valley Bank) plunging 60% in the main session and another 20% in extended trading as the bank has been forced to sell bonds at great losses. These moves cascaded further into other banking stocks and led equity futures lower in Asian and European trading. JD.com also announced a weaker than expected Q1 revenue outlook saying the Chinese consumer is weaker than estimated and that the extended lockdown has impacted behaviour. In today's podcast we go through the implications of the SVB Financial fallout and what it means for markets moves and especially with the large trading volumes in zero-day-to-expiry (0DTE) options. We also cover the JPY following the BoJ meeting and the moves in CHF on banking risk-off. Finally, we cover Fed Funds pricing, gold and other commodities, and next week's earnings releases which will focus on Volkswagen, BMW, Adobe, and Lennar. A warning shot has been fired yesterday. Be vigilant on risks today and stay safe. Today's pod features Steen Jakobsen, Peter Garnry, and Ole S. Hansen. Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Click here to open an account with Saxo - Intro and outro music by AShamaluevMusic
Året kulminerer i nytårsspecial, hvor Jakob, Oskar og Andrew ringer til Jens Larsson, Henrik Drusebjerg, Steen Jakobsen og Philip Jagd op for at få deres årets bets for 2023. Jakob og Andrew vælger på mærkværdigste vis at shorte det samme, mens Oskar har set mod Østrig-ungarske rige. Der indtages venstrebreds Bordeauxvin, mens Jakob bliver helt sentimental, når han ser tilbage på et smukt år 2022. Vært: Andrew Moyo. Medvirkende: Oskar Bernhardtsen og Jakob Garff.
This Special Edition of the podcast features an interview with Saxo CIO Steen Jakobsen on the outlook for 2023 after a remarkably brutal year for investors in 2022 on the double whammy of bear markets in both bonds and equities. In particular, the conversation looks at the misguided optimism for next year that is ironically based on a base case of disinflation, recession and an eventual return of central bank easing, the impact of China coming back online, and where investors should focus their efforts for achieving returns in coming years. John J. Hardy hosts. Click here to open an account with Saxo - Read daily in-depth market updates from the Saxo Market Call and Saxo Strategy Team here. Intro and outro music by AShamaluevMusic
Saxo Banks cheføkonom Steen Jakobsen er inviteret i studiet til Kapitalisternes sidste juleepisode. Steen har forudset fem af de sidste to recessioner, men ser sig selv mere som realist end pessimist, når han spår om et mindst lige så uforudsigeligt 2023, som 2022 med et fald i aktier på 15% og en oliepris i USD 100. Vært: Andrew Moyo. Medvirkende: Oskar Bernhardtsen og Jakob Garff. Gæst: Steen Jakobsen.
Steen Jakobsen, CIO of Saxo, discusses the latest on the markets. He spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.
MONEY FM 89.3 - Prime Time with Howie Lim, Bernard Lim & Finance Presenter JP Ong
As we head closer towards the end of the year - let's have a guess on what's to come for 2023. On that note, online trading and investment specialist Saxo has released its 10 Outrageous Predictions for 2023. Titled ‘The War Economy', predictions focus on a series of underappreciated events which, if they were to occur, would send shockwaves across the financial markets as well as political and popular cultures. Saxo said these predictions are a thought experiment in considering the full extent of what is possible. It's key to note that they do come true occasionally - take Saxo's prediction of the UK's exit from the European Union for example. So, in a world where central banks and governments are set to lose their battle with inflation, what are the risks of markets becoming as outrageous as ever in 2023 and beyond? On Market View, Prime Time's finance presenter Chua Tian Tian chatted with Steen Jakobsen, Chief Investment Officer at Saxo on a series of mind-blowing predictions including an Un-Brexit referendum and a billionaire coalition for energy.See omnystudio.com/listener for privacy information.
The UAE released details of the upcoming corporate tax - 9% on income above AED375,000. We understand what this means with Shiv Mahalingham, International Tax & Global Transfer Pricing, The Cragus Group Limited. Plus, we look at the outrageous predictions of Saxo Bank with Steen Jakobsen. And, the future of Air India after its private investment with Vinamra Longani of Sarin & Co. See omnystudio.com/listener for privacy information.
Hotter U.S. inflation numbers trigger a global sell off, Investsmart Chief Market Strategist Evan Lucas joins the program. PLUS Saxo Market's Steen Jakobsen on recession risks and CreditorWatch's Anneke Thompson on businesses going bust.See omnystudio.com/listener for privacy information.
Inflation may be starting to turn the corner, but will a pivot away from China's thirst for Australian resources set a whole new set of economic challenges in our path?See omnystudio.com/listener for privacy information.
Steen Jakobsen, CIO and Chief Economist at Saxo Bank, discusses the latest on the markets. He spoke with hosts Bryan Curtis and Paul Allen on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.
Hosts Guy Johnson and Alix Steel are joined by Bloomberg Chief Economist Tom Orlik to get a better understanding on what's going on in China's economy. Plus, they hear from Steen Jakobsen, CIO at Saxo Bank, Michelle Meyer, Chief US Economist at Mastercard, and talk with Bloomberg's Brendan Case to get a lookahead at Walmart earnings due tomorrow. Also featured Bloomberg's Siddharth Philip and Bloomberg's Sonali Basak.
Steen Jakobsen, CIO and Chief Economist, at Saxo Bank, discusses the latest on the markets. He spoke with hosts Doug Krizner and Juliette Saly on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.
On today's episode of "The Macro Trading Floor," Alfonso and Andreas are joined by Saxo Bank CIO Steen Jakobsen. With 30+ years investing through some of the most volatile periods in market history, Steen compares previous market cycles to today's stating, "November last year was the single biggest event in my life". As the Fed begins its most aggressive market tightening cycle in recent history, Steen expects a paradigm shift in investor preference towards commodities over financial assets. After walking us through his macro framework, Steen shares a trade he put on to maneuver these uncertain times. To hear that, you'll have to tune in! -- Follow Steen: https://twitter.com/Steen_Jakobsen Follow Andreas: https://twitter.com/AndreasSteno Follow Alfonso: https://twitter.com/MacroAlf Follow Blockworks: https://twitter.com/Blockworks_ Subscribe To The Macro Compass: https://themacrocompass.substack.com/ Subscribe To Stenos Signals: https://andreassteno.substack.com/ Subscribe To The Blockworks Newsletter: https://blockworks.co/newsletter/ -- Referenced In The Show: Rocky ride ahead for Norway's $1.2 trillion wealth fund. https://www.reuters.com/world/europe/norway-sovereign-wealth-fund-ceo-warns-rocky-ride-ahead-2022-05-03/ Treasury Cuts Quarterly Debt Sale, May Do So Again Even With Fed QT. https://www.bloomberg.com/news/articles/2022-05-04/u-s-cuts-quarterly-debt-sale-may-do-so-again-even-with-fed-qt WTO successfully concludes negotiations on China's entry. https://www.wto.org/english/news_e/pres01_e/pr243_e.htm -- Timestamps: (00:00) Introduction (00:43) Top Stories of The Week (10:56) Feature Interview With Steen Jakobsen (18:03) Is The Cure For High Prices, High Prices? (20:48) Lack of Energy CapEx (23:25) Energy Demand Destruction (28:25) The Fed's Terminal Rate (31:20) Steen's Actionable Trade Idea (38:21) Post Interview: Final Thoughts -- Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
Today's special edition podcast, recorded May 2, features an interview with Saxo Chief Economist and CIO Steen Jakobsen as we look at the current lay of the land across markets, discussing the funk equity investors find themselves in as they await this week's FOMC meeting, how far the Fed is ready to take policy tightening, USD liquidity challenges and therefore challenges for global liquidity, the ongoing impact from the war in Ukraine, the hapless Bank of England and headwinds for the UK economy, deglobalization and limits of the physical world, China and more. John J. Hardy hosts. Intro and outro music by AShamaluevMusic
What do top Money and Markets experts like Jim Rogers, Jim Rickards, John Hussman, Grant Williams, Michael Pento, George Gammon, Wolf Richter and Steen Jakobsen think about the state of the financial markets as we enter 2022? How worried are they about inflation, record high prices for stocks and real estate, Federal Reserve tapering and interest rate hikes, or a market crash? What steps do they recommend today's investors consider taking now? See the YouTube Video for the charts and graphics: https://youtu.be/PU7dZrT-laY
What do top Money and Markets experts like Jim Rogers, Jim Rickards, John Hussman, Grant Williams, Michael Pento, George Gammon, Wolf Richter and Steen Jakobsen think about the state of the financial markets as we enter 2022? How worried are they about inflation, record high prices for stocks and real estate, Federal Reserve tapering and interest rate hikes, or a market crash? What steps do they recommend today's investors consider taking now? See the YouTube Video for the charts and graphics: https://youtu.be/PU7dZrT-laY
Merryn talks to Steen Jakobsen of Saxo Bank about his annual "outrageous predictions" – and how reality is proving a match for anything he can come up with.
As 2021 draws to a close, futurists, political scientists, and economists are all competing in wild guesses about what the next year has in store for us. We talked to Steen Jakobsen, chief investment officer at Saxo Bank.
In Part 1 of this interview, Saxo Bank Chief Investment Office Steen Jakobsen explained why Fed Chair Jerome Powell announced this week that -- to fight the inflation it has played a central role in creating -- the Federal Reserve will accelerate its tapering program and likely hike interest rates three times in 2022. Because the Fed will suddenly now pursue a more hawkish course than the markets have been accustomed to for the past decade, Steen predicts 2022 will be a much more volatile year for stocks, bonds and other financial assets than investors are used to. Here in Part 2, Steen reveals that "diversification" will the be secret to surviving the market turmoil that is likely to ensue. He then generously breaks down how his portfolio at Saxo is allocated for the road ahead in 2022. See the YouTube Video for the charts and graphics: https://youtu.be/VDGiGFhp92Q
In Part 1 of this interview, Saxo Bank Chief Investment Office Steen Jakobsen explained why Fed Chair Jerome Powell announced this week that -- to fight the inflation it has played a central role in creating -- the Federal Reserve will accelerate its tapering program and likely hike interest rates three times in 2022. Because the Fed will suddenly now pursue a more hawkish course than the markets have been accustomed to for the past decade, Steen predicts 2022 will be a much more volatile year for stocks, bonds and other financial assets than investors are used to. Here in Part 2, Steen reveals that "diversification" will the be secret to surviving the market turmoil that is likely to ensue. He then generously breaks down how his portfolio at Saxo is allocated for the road ahead in 2022. See the YouTube Video for the charts and graphics: https://youtu.be/VDGiGFhp92Q
The Federal Reserve is finally declaring war on inflation. On Wednesday Dec 15, Fed Chair Jerome Powell announced that -- the fight the inflation it has played a central role in creating -- the Federal Reserve will accelerate its tapering program and likely hike interest rates 3x in 2022. That's a 180-degree reversal of the Fed's rampant bubble-blowing policies to date. While markets are reacting favorably so far, can they continue to do so? The key drivers of asset prices over the past decade - $trillions in stimulus, buybacks funded by dirt-cheap debt and low inflation -- are all coming to an end. Which is why Steen Jakobsen, manager of $billions in client assets at Saxo Bank, predicts 2022 will be a much more volatile year than investors are used to. And we should listen to him, as one year ago on this program he boldly predicted we'd see a surge in both inflation and commodity prices in 2021 -- and boy, was he ever right. In this new interview, Steen shares his macro outlook and top predictions for 2022 (spoiler alert: he expects inflation to run even hotter next year...) See the YouTube Video for the charts and graphics: https://youtu.be/ozu2LPQLVRE
The Federal Reserve is finally declaring war on inflation. On Wednesday Dec 15, Fed Chair Jerome Powell announced that -- the fight the inflation it has played a central role in creating -- the Federal Reserve will accelerate its tapering program and likely hike interest rates 3x in 2022. That's a 180-degree reversal of the Fed's rampant bubble-blowing policies to date. While markets are reacting favorably so far, can they continue to do so? The key drivers of asset prices over the past decade - $trillions in stimulus, buybacks funded by dirt-cheap debt and low inflation -- are all coming to an end. Which is why Steen Jakobsen, manager of $billions in client assets at Saxo Bank, predicts 2022 will be a much more volatile year than investors are used to. And we should listen to him, as one year ago on this program he boldly predicted we'd see a surge in both inflation and commodity prices in 2021 -- and boy, was he ever right. In this new interview, Steen shares his macro outlook and top predictions for 2022 (spoiler alert: he expects inflation to run even hotter next year...) See the YouTube Video for the charts and graphics: https://youtu.be/ozu2LPQLVRE
Steen Jakobsen joined #Saxo Bank in 2000 and serves as Chief Investment Officer. As #CIO he focuses on delivering asset allocation strategies and analysis of the macroeconomic and political landscape. Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan, UBS and served as Global Head of Trading, FX and Options at Christiania (now Nordea).In this episode we discuss the outrageous predictions Saxo has made for 2022, and we touch upon previous calls as well. We talk about: Inflation, energy prices, investment strategies, cryptocurrencies, the art of conversation, career advice and so much more.SponsorQuartr is the new way of doing company research. Their first mission is to enable access to conference calls, investor presentations, transcripts and earnings reports as frictionless as possible – straight to your pocket. Their second mission is to create a completely new way for companies to reach their investors, and vice versa - to change the way people look at Investor Relations. Our initial core product is now available for both iOS and Android, and stay tuned for additional features during the coming year. Quartr is 100% free, include companies from 12 markets today, and plan to add more during the year. Download the app here: https://quartr.se and follow them on twitter here.Support us on PatreonOver the last years we have tried to give our community the best possible content on business, investing and entrepreneurship. If you have enjoyed this free content over time and find it valuable, it would be amazing if you want to support us in making more in the future. See acast.com/privacy for privacy and opt-out information.
Steen Jakobsen joined #Saxo Bank in 2000 and serves as Chief Investment Officer. As #CIO he focuses on delivering asset allocation strategies and analysis of the macroeconomic and political landscape. Prior to joining Saxo Bank, he worked with Swiss Bank Corp, Citibank, Chase Manhattan, UBS and served as Global Head of Trading, FX and Options at Christiania (now Nordea).In this episode we discuss the outrageous predictions Saxo has made for 2022, and we touch upon previous calls as well. We talk about: Inflation, energy prices, investment strategies, cryptocurrencies, the art of conversation, career advice and so much more. SponsorQuartr is the new way of doing company research. Their first mission is to enable access to conference calls, investor presentations, transcripts and earnings reports as frictionless as possible – straight to your pocket. Their second mission is to create a completely new way for companies to reach their investors, and vice versa - to change the way people look at Investor Relations. Our initial core product is now available for both iOS and Android, and stay tuned for additional features during the coming year. Quartr is 100% free, include companies from 12 markets today, and plan to add more during the year. Download the app here: https://quartr.se and follow them on twitter here.Support us on PatreonOver the last years we have tried to give our community the best possible content on business, investing and entrepreneurship. If you have enjoyed this free content over time and find it valuable, it would be amazing if you want to support us in making more in the future. See acast.com/privacy for privacy and opt-out information.
This special edition of the Saxo Market Call podcast is a long-form chat with Steen Jakobsen, Saxo's Chief Economist and CIO, who takes us through what makes him uneasy about the market today and where it is trading and current narratives relative to what likely awaits in terms of inflation and real growth outcomes down the road. The Fed's policy mistake, FX themes, dysfunction in Europe and more are addressed in the conversation with Steen and host John J. Hardy. Intro and outro music by AShamaluevMusic
In this Part 2 of our interview with investment manager Steen Jakobsen, Steen explains why he sees gold -- and especially silver -- as well-positioned to appreciate in price in the near future. And in an extremely generous move, he then shares a detailed breakdown (with percentages!) of how the portfolio he manages at Saxo Bank is currently positioned for the trends he sees coming head. See the YouTube Video for the charts and graphics: https://youtu.be/0szKRMCoOpc
Back in December, Saxo Bank's Steen Jakobsen predicted a massive boom in commodity prices was dead ahead. Not many others shared that view back then. But, boy, was he ever right. Commodity prices have exploded in the five months since that interview was recorded. And more important, in his eyes we ain't seen nothin' yet. He predicts commodity prices are going to continue heading higher, a LOT higher, from here. See the YouTube Video for the charts and graphics: https://youtu.be/wVa5YI81B1c
In this Part 2 of our interview with investment manager Steen Jakobsen, Steen explains why he sees gold -- and especially silver -- as well-positioned to appreciate in price in the near future. And in an extremely generous move, he then shares a detailed breakdown (with percentages!) of how the portfolio he manages at Saxo Bank is currently positioned for the trends he sees coming head. See the YouTube Video for the charts and graphics: https://youtu.be/0szKRMCoOpc
Back in December, Saxo Bank's Steen Jakobsen predicted a massive boom in commodity prices was dead ahead. Not many others shared that view back then. But, boy, was he ever right. Commodity prices have exploded in the five months since that interview was recorded. And more important, in his eyes we ain't seen nothin' yet. He predicts commodity prices are going to continue heading higher, a LOT higher, from here. See the YouTube Video for the charts and graphics: https://youtu.be/wVa5YI81B1c
Rebecca interviews Saxo Bank CIO Steen Jakobsen about the global economic outlook; underlying challenges of the Green New Deal; and why the boomer generation had it easy. This is a longer, unedited version of the interview that ran on Thursday, April 22. See acast.com/privacy for privacy and opt-out information.
Here are the news items:More than half of American healthcare workers said in a recent poll they felt "burned out," and 3 out of 10 are considering leaving their professions.New research shows male dolphins recognize their “friends'” signature whistles.A catastrophic second wave of COVID-19 is sweeping across India. The mega LBO (or leveraged buyout) might be making a comeback as the private equity world sits on a record $1.6 trillion in cash.Mexico will likely legalize marijuana this year, and that could have major implications for marijuana policies in the US.PLUS: Rebecca interviews Steen Jakobsen, the CIO of Saxo Bank and creator of its famous yearly “Outrageous Predictions,” about inflation and inequality. See acast.com/privacy for privacy and opt-out information.
Today's slide deck: https://bit.ly/2Pm32SX - Today features our Chief Investment Officer Steen Jakobsen, who offers an executive summary of our Q2 outlook and weighs in on many topics, including the outlines of Biden's infrastructure stimulus set to be officially announced later today, as well as whether its scale is sufficient to make a mark. Also on the agenda, the implications of tax increases accompanying a new Biden stimulus, the implications of the rise in real rates and why gold is under pressure, the need for a "geopolitical" premium and much more. Today's call hosted by John J. Hardy.
Steen Jakobsen, Saxo Bank CIO, explains the "social revolution" underway as the battle between retail investors and hedge funds continues. Shannon Cross, Cross Research Analyst, says big tech results show the consumer has been extremely resilient. Andrew Sheets, Morgan Stanley Chief Cross-Asset Strategist, says broader fundamental trends remain intact and important. James Angel, Georgetown University Professor, discusses how regulators may address the volatility in the markets. Frederic Mishkin, Former Federal Reserve Governor & Columbia University Professor, discusses the debate over whether central bank stimulus has created asset bubbles. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Steen Jakobsen, Saxo Bank CIO, explains the "social revolution" underway as the battle between retail investors and hedge funds continues. Shannon Cross, Cross Research Analyst, says big tech results show the consumer has been extremely resilient. Andrew Sheets, Morgan Stanley Chief Cross-Asset Strategist, says broader fundamental trends remain intact and important. James Angel, Georgetown University Professor, discusses how regulators may address the volatility in the markets. Frederic Mishkin, Former Federal Reserve Governor & Columbia University Professor, discusses the debate over whether central bank stimulus has created asset bubbles.
Stocks To Crash 65-80% This Year, Predicts Veteran Analyst David Hunter https://youtu.be/OGKuc3CZnLI Peak Prosperity A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash. Well, he's certainly been right so far on the melt-up prediction. All major stock indices are trading at record highs. And valuations have never been more stretched. Market Cap to GDP (the famed "Buffet Indicator") has never been higher. Nor has the market's price-to-sales ratio. As analyst Sven Henrick puts it "everything has gone vertical". So, having correctly called the current melt-up, will Hunter's prediction of a 65-80% crash in prices this year also come true? Time will tell. But as extreme as that kind of drop may seem, history is on David's side. Whenever excessive debt has enabled market multiples to distort to unsustainably excessive heights -- which is what's happening now on an unprecedented level -- a painful correction to clear out the bad debt and malinvestment has always occurred. But despite his dire forecast, Hunter is more sanguine about what will follow. He predicts that those who preserve their capital through the coming crash will have the opportunity to deploy it at very advantageous terms as the next recovery begins. And like previous guests Jim Rogers and Steen Jakobsen, he sees a very bright future ahead for commodities and the companies that source, refine and deliver them to market. Which is why now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate. Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here: https://www.greylockpeak.com/ And if you're one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations. We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you've already got one, great. But if not, consider talking to the team at New Harbor. We've set up this 'free consultation' relationship with them to help folks exactly like you. https://www.greylockpeak.com/ SCHEDULE YOUR FREE PORTFOLIO REVIEW with Mike & John and the New Harbor Financial team here: https://www.greylockpeak.com/
Stocks To Crash 65-80% This Year, Predicts Veteran Analyst David Hunterhttps://youtu.be/OGKuc3CZnLI Peak Prosperity A year ago, macro strategist David Hunter predicted a massive melt-up in financial assets, to be followed by an equally tremendous market crash. Well, he's certainly been right so far on the melt-up prediction. All major stock indices are trading at record highs. And valuations have never been more stretched. Market Cap to GDP (the famed "Buffet Indicator") has never been higher. Nor has the market's price-to-sales ratio. As analyst Sven Henrick puts it "everything has gone vertical". So, having correctly called the current melt-up, will Hunter's prediction of a 65-80% crash in prices this year also come true? Time will tell. But as extreme as that kind of drop may seem, history is on David's side. Whenever excessive debt has enabled market multiples to distort to unsustainably excessive heights -- which is what's happening now on an unprecedented level -- a painful correction to clear out the bad debt and malinvestment has always occurred. But despite his dire forecast, Hunter is more sanguine about what will follow. He predicts that those who preserve their capital through the coming crash will have the opportunity to deploy it at very advantageous terms as the next recovery begins. And like previous guests Jim Rogers and Steen Jakobsen, he sees a very bright future ahead for commodities and the companies that source, refine and deliver them to market. Which is why now, more than ever, is the time to partner with a financial advisor who understands the nature of the risks and opportunities in play, can craft an appropriate portfolio strategy for you given your needs, and apply sound risk management protection where appropriate. Anyone interested in scheduling a free consultation and portfolio review with Mike Preston and John Llodra and their team at New Harbor Financial can do so by clicking here: https://www.greylockpeak.com/ And if you're one of the many readers brand new to Peak Prosperity over the past few months, we strongly urge you get your financial situation in order in parallel with your ongoing physical coronavirus preparations. We recommend you do so in partnership with a professional financial advisor who understands the macro risks to the market that we discuss on this website. If you've already got one, great. But if not, consider talking to the team at New Harbor. We've set up this 'free consultation' relationship with them to help folks exactly like you. https://www.greylockpeak.com/ SCHEDULE YOUR FREE PORTFOLIO REVIEW with Mike & John and the New Harbor Financial team here: https://www.greylockpeak.com/
Steen Jakobsen, Saxo Bank CIO, says inflation is absolutely coming back in 2021. Gerald Storch, Storch Advisors CE0 and Former Hudson's Bay CEO, says much of the shift to e-commerce accelerated by the global pandemic will stick. Jim Paulsen, The Leuthold Group Chief Investment Strategist, discusses the rotation into value stocks. Mercedes Carnethon, Northwestern University Professor and Department of Preventive Medicine Vice Chair, says she's hopeful the pace of vaccinations will pick up. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com
Steen Jakobsen, Saxo Bank CIO, says inflation is absolutely coming back in 2021. Gerald Storch, Storch Advisors CE0 and Former Hudson's Bay CEO, says much of the shift to e-commerce accelerated by the global pandemic will stick. Jim Paulsen, The Leuthold Group Chief Investment Strategist, discusses the rotation into value stocks. Mercedes Carnethon, Northwestern University Professor and Department of Preventive Medicine Vice Chair, says she's hopeful the pace of vaccinations will pick up.
Hvordan kan aktiemarkederne stige til himmels midt i en global økonomisk krise? Hvad er det for en kapitalisme vi lige nu oplever? Pelle Dragsted interviewer cheføkonom i Saxo Bank, Steen Jakobsen.
Today's slide deck: bit.ly/3gO3bac -The US 10-year yield was only up 6.6 basis points yesterday but the move was enough to set in motion a selling pressure so large that liquidity dried up causing a dramatic downside move across both gold and silver. Long duration assets such as technology stocks were also hit but not to the same degree and equities are generally bid this morning. We also talk US politics on back of yesterday's announcement from Biden that Kamala Harris is the vice president nominee. On single stocks news we cover the Moderna vaccine deal with the US government and Asos surprise announcement this morning that revenue and profits are significantly ahead of views. Today with Peter Garnry on equities, Ole S. Hansen on commodities and Steen Jakobsen on macro.
Europæisk økonomi er ramt af en vækstkrise. Som modsvar på krisen har Den Europæiske Centralbank flere gange sænket renten, men krisen fortsætter ufortrødent. Hvad er baggrunden for vækstkrisen? Kan EU overkomme krisen? Eller er vækstkrisen[...]
This is a Special Edition of our Saxo Market Call podcast in which we take a step back from the day-to-day and have a look at how markets, policy, the economy, and even society are set to shape up during and after this crisis. Included are some thoughts on what assets are set to perform best as we transition through the crisis and eventually to the other side - a written brief will be available soon and we will link to that from this podcast description. On this call are Steen Jakobsen, Chief Economist, Peter Garnry on Equities, Ole Hansen on commodities and John J. Hardy on Currencies.
Find graphics related to today's podcast on Twitter @saxomarketcallToday we discuss one of the biggest moves in USDJPY based on average-trading-range in 20 years and the implications for markets. We also discuss the equity rally, that is detaching from fundamentals, oil, gold, luxury stocks, earnings and the Democratic debate last night. Today with Ole Hansen on commodities, Peter Garnry on equities and Steen Jakobsen on macro.
Today's slide deck: https://bit.ly/38qTlqD Today we are joined by Saxo CIO Steen Jakobsen, who points out the important unknowns of the coronavirus situation and the fallout risks. The discussion also moves to the woes in Europe, the ongoing decline in EURCHF, the US presidential race and more.
Today's slide deck: bit.ly/2ul39mQThe risk premium in commodities following the US killing of an Iranian general has come down swinging the focus back on macro. Financial markets are still heavily impacted by the Fed's balance sheet expansion fueling risk-on sentiment in risky assets. In today's podcast we zoom out with Steen Jakobsen, Saxo Bank's CIO, explaining the dynamics and impact from the Fed's current balance sheet expansion. Today with Steen Jakobsen on macro, Peter Garnry on Equities and Ole Hansen on commodities.
Riget i midten - af verdensøkonomien og handelskrige, urolighederne i Hong Kong og nu - om ikke i midten, så i hvert fald også en del af Trumps forsøg på at henlede opmærksomheden på sin politiske konkurrent til det kommende præsidentvalg, demokraten Joe Biden. Det er blandt de brændende emner i den internationale presse, vi skal diskutere i denne søndags udgave af Verdenpressen på P1. Gæster: Anne Knudsen, forfatter, Steen Jakobsen, CIO Saxo Bank og Philip Christian Ulrich, Kongressen.com. Vært: Mette Vibe Utzon.
Første søndag i det nye år tager Verdenspressen en runde i de internationale medier i selskab med Steen Jakobsen, cheføkonom og CIO i Saxo Bank, Jens Worning, direktør i Policy Group og udenrigspolitisk kommentator i Kristeligt Dagblad og Berlingskes sikkerhedskorrespondent, Kristian Mouritzen, som sammen diskuterer nogle af de historier, som de internationale medier vil være præget i året, der kommer - bla. det måske vigtigste valg i EU's historie, som venter lige om hjørnet, Kinas nye magtposition, Ruslands iskolde forhold til Vesten, og hvad der mon er i vente i amerikansk politik. Vært: Mette Vibe Utzon.
Steen Jakobsens job er at bidrage til at vi samfundsborgere kan træffe informerede beslutninger om vores pengesager. Steen Jakobsen er CIO i Saxo Bank og samtalen tager udgangspunkt i bankers rolle i et moderne samfund. Herfra udforsker vi, hvorfor det er helt afgørende at vi kan diskutere så alle bliver klogere, hvordan det at følge sin passion altid har omkostninger og hvor tørsten efter at forstå verden har bragt ham hen.
Mette Vibe Utzon bladrer sammen med sine gæster denne søndags internationale aviser og dykker ned i historier fra verden omkring os. Fredag steg prisen på peanutbutter og andre amerikanske varer i EU, som dermed svarer igen på den amerikanske straftold. Hvordan ser investeringsdirektør i Saxo Bank, Steen Jakobsen, på EU's offensiv i handelskrigen mod USA? USA har forladt FN's "hykleriske" og "uværdige" Menneskerettighedsråd - hvad siger tidligere FN-ambassadør med 40 års diplomatisk erfaring, Ellen Margrethe Løj, til det? Og hvordan analyserer global korrespondent på Politiken, Jesper Thobo-Carlsen, søndagens valg i Tyrkiet? Bliver Erdogan den mest magtfulde tyrkiske præsident nogensinde - eller får oppositionen sat en kæp i hjulet? Vært: Mette Vibe Utzon.
Mette Vibe Utzon bladrer søndagens internationale aviser i selskab med Mikkel Vedby Rasmussen, professor i international politik, Steen Jakobsen, investeringsdirektør hos Saxo Bank og Michael Jarlner, international redaktør hos Politiken. Sammen dykker de ned i nogle af historierne fra verden omkring os - en ny italiensk regering under den i vide kredse ukendte professor Conte - men hvad vil Italien? Ambassadør i Italien, Erik Vilstrup Lorenzen, er med i "Verdenspressen" og giver sit blik på italiensk politik. Og så skal vi have en ny, national flagdag i anledning af EU's nye persondataforordning, mener én af søndagens gæster. Vært: Mette Vibe Utzon.
Han har forsvaret brug af tortur og NSA's overvågninger - og så er han er indædt modstander af Iran-aftalen og lukning af Guantanamo-fængslet. Mike Pompeo er USA's nye udenrigsminister - men hvad vil han med verden? I Afrin i det nordlige Syrien kæmper militsgrupper for Tyrkiet for at fordrive kurderne - men hvem er det, Tyrkiet har sat til at kæmpe for sig? Menneskerettighedsgrupper melder om dødstrusler fra militserne mod civilbefolkningen, hvis de ikke vælger den rette vej i Islam. Verdenspressen dykker hver søndag ned i nogle af mediernes vigtigste internationale historier og sætter spot på ugen i verden omkring os. Dagens gæster er seniorforsker i sikkerhedspolitik i Mellemøsten Helle Malmvig, investeringsdirektør hos Saxo Bank, Steen Jakobsen og seniorforsker i arabisk politik og samfund, Rasmus Boserup. Vært: Mette Vibe Utzon.
Overdøver Trumps tweets og sprogbrug hans politiske resultater? Eller er han tværtimod godt i gang med at sikre sig endnu en periode i Det Hvide Hus? Og er det Europas fremtid, der bliver formet i Tyskland i disse dage? Det spørger vi dagens gæster om i anledning af 1 årsdagen for Trumps præsidentembede og søndagens stormøde hos de tyske socialdemokrater, som skal beslutte, om de vil indlede regeringsforhandlinger med Merkel ved roret, og dermed forsøge at bringe Tyskland ud af den politiske stilstand, landet har befundet sig i siden Forbundsdagsvalget i september. "Verdenspressen" dykker hver søndag ned i nogle af mediernes vigtigste internationale historier og sætter spot på ugen der gik, i verden omkring os. Dagens gæster er Kristian Mouritzen, sikkerhedspolitisk korrespondent hos Berlingske, Kerrin Linde, udlandsredaktør ved Kristeligt Dagblad og Steen Jakobsen, cheføkonom og investeringsdirektør i Saxo Bank. Vært: Mette Vibe Utzon.
I dag handler det om synkronisering. Vi har besøg af Steen Jakobsen fra SurfRay, der snakker om Ontolica Fusion. Og så snakker vi en masse om hvordan du kan bruge det nye Microsoft Flow til at synkronisere dine data imellem forskelle platforme og services. Vi tester nogle nye headsets af fra Plantronics.
Please join Saxo Bank's Steen Jakobsen, Chief Economist & CIO and John J Hardy, Head of Forex Strategy in their discussions on how events could unfold for the upcoming fourth quarter of 2015. In our Essential Trades series, Saxo's strategy team delivers expert opinion and carefully constructed trade views to help you execute your trading strategies.
© 2020-2025 Ivy Podcast Discovery LLC
