Saxo Market Call Outrageous Predictions spectacular
Dec 4, 2024
In a dynamic discussion, John J. Hardy, Chief Macro Strategist at Saxo, shares his bold forecasts for the upcoming year alongside Søren Otto. They dive into the intriguing world of outrageous predictions, emphasizing their role in stimulating creative thinking. The potential economic ramifications of Trump’s possible return are explored, particularly on the U.S. dollar. Hardy also examines the impact of Brexit on economic stability and the technological advancements shifting financial landscapes, including the rise of NVIDIA and AI innovations.
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Outrageous Predictions
- Saxo's Outrageous Predictions explore potential low-probability, high-impact events.
- These "gray swan" events can significantly reshape markets if they occur.
Gold Correction Prediction
- John J. Hardy recalls an accurate prediction of a significant gold price correction.
- This was met with disbelief, highlighting how unexpected market shifts can be.
Trump 2.0 and the Dollar
- Trump 2.0's focus on US manufacturing competitiveness could weaken the dollar.
- A strong dollar ironically could accelerate this by forcing other countries to seek alternatives.