SaxoTV

Jakobsen: Why the Fed must raise rates before it's too late

5,370 views
September 10, 2015 amcamc, efd, eq, eqeqeq, equities, equities 2014, equities prices, equities saxo, equities trading, equity, equity bubble, equity index, equity market, equity market 2014, equity markets, equity platform, equity portfolio, equity portfolios, equity research, equity rise, equity risk premium, equity strategy, equity trading, equity us, eqweq, erq, fed, fed bond buying, fed chair, fed chairman, fed chairwoman, fed filadelfia, fed funds rate, fed meeting, fed minutes, fed news, fed policy, fed preview, fed rate hike, fed rates, fed stimulus, fed taper, fed tapering, federal, federal government, federal open market committee, federal policy meeting, federal reserve, federal reserve janet yellen, federal reserve rate, federal reserve rate hikes, federal rserve, federal rseserve, federalreserve, fedex, fedfed, for, forex, forex trading, germany, macro, macro economics, macro economy, macro econonomics, macro event, macro events, macro policy, macro strategy, macro strategy', macro us, macro-economics, macroeconomic, macroeconomics, q4, q4 outlook, rally, rate, rate cut, rate hike, rate rise, rates, rates decision, rates decisions, saxo bank, saxo tv, trading, tradingfloor, tradingfloor.com, us, us banks, us dollar, us dollar index, us economy, us equities, us fed, us federal reserve, us federal reserve monetary policy, us government, us growth, us jobs, us jobs data, us stocks, usa, usd, usd eur, usd index, usd jpy, usd strength, usdaud, usdcad, usdchf, usdeur, usdgbp, usdjpy, usdrub
Saxo Bank's Chief Economist, Steen Jakobsen, says that the recent sell-off in the market has scared investors away. He says volatility remains high as people await the Federal Reserve's decision on what to do about a rate rise. 

Jakobsen believes that there will be a hike next week. He warns that if it doesn't happen this month, it could become too late to act. 

But there have been warnings that a rise will hurt emerging markets. Steen says the opposite is true and blames the status quo for poor EM performances. He says this has led to a strong US dollar and increasing uncertainty in the markets. He explains why the USD needs to weaken and why that will begin only when the FOMC acts.

Steen also explains why Saxo Bank's Q4 reports will look at why emerging markets offer opportunities and value.