Show less
Technical analysis – A view of the market: Larsson
Kim Cramer Larsson
16 May 2018 at 7:47 GMT
The week ahead in macro — #SaxoStrats
Kay Van-Petersen
14 May 2018 at 8:53 GMT
Video / 06 October 2016 at 12:01 GMT

Quarterly Outlook video: Marathon bull run

Peter Garnry
The main Q4 topics for equities include the US presidential election, a potential rate hike and the discussion on bonds versus equities says Peter Garnry, head of equity strategy at Saxo Bank.

Equities are not expensive compared to the bond market and investors should be cautious of the 'bubble-like' scenario in the government bond market, Garnry explains.

The bull market continues to go higher despite challenging events, he says, and there is no fear for a rate hike from an equity perspective. Operating profits peaked around the financial crisis and the leverage ratio is now at its lowest level since '95. A rate hike in December will not derail the equity market.

The current earnings recession has been driven by a strong dollar and oil prices. Analysts expect a 35% jump in global earnings over the next 12 months. There are a lot of expectations built into the equity market and companies need to deliver in Q4, Garnry says.

Read more about Garnry's views in his Q4 Outlook article here.

You can read and watch more Q4 Outlooks by the #SaxoStrats team here.
QuikStrike QuikStrike
Thanks to Georgio for allowing us at QuikStrike to be part of the WOW series! We look forward to providing more information to the Saxo TradingFloor community.

Please let us know if you have any questions.
Georgio Stoev Georgio Stoev
Thank you Nick for sharing such easy to use, invaluable market information on the Tradingfloor.
Robert87 Robert87
This comment has been redacted


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer
- 沪ICP备13028953号-1

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail