jakobsen

The Stock Market Is Just Noticing What The Bond Market Has …

…that growth is slowing, the credit cycle could have already peaked and risk appetites are waning.Over the summer I attended a conference which featured Steen Jakobsen as one of the speakers. The one thing he said that really stuck with me is that long-term bond yields lead the economy by about 9 months. If that is true, economists are going to […]

Steen Jakobsen: Expect A 30% Stock Market Correction in 2014 …

This week, Chris talks with Steen Jakobsen, Chief Investment Officer of Saxo Bank. We wanted to see through the eyes of a professional economist, which Steen kindly allowed us to do.Steen agrees that central banks have largely failed in their misguided attempts to boost growth via trickle-down programs. Pretty much all the benefits of the recent years of money printing […]