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Jakobsen: First major trading strategy change since 2013 & here's why
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Saxo's Steen Jakobsen has sold all his fixed income, increased his gold exposure and is looking to buy mining shares. This is a major change in his investment strategy and here he tells us the reasons for such a significant move.
Steen says his long-term outlook model has changed. He's expecting a steep increase in yield but higher commodity and energy prices too. Here he tells us why any interest rate rises in the States and Europe will have a particularly negative impact over the coming months.
Steen says his long-term outlook model has changed. He's expecting a steep increase in yield but higher commodity and energy prices too. Here he tells us why any interest rate rises in the States and Europe will have a particularly negative impact over the coming months.