Daily Morning Call

From the Floor: S&P 500 'getting ahead' of itself — #SaxoStrats

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December 20, 2016
The exuberance that is spilling through global equities has lifted the S&P 500 to a 13-year high, but are market expectations for 2017 just a little bit on the over-optimistic side?
  • S&P 500 hits 13-year high, but market 'getting ahead' of itself — Garnry
  • Strong dollar is likely to undermine EPS forecasts for 2017 — Garnry
  • Bonds push higher as 'short-covering theme' extends to year end — Fasdal
  • EM bonds riding out turbulence with relative ease — Fasdal
  • Yellen maintains steady as she goes course for dollar — Hardy
  • USDJPY bubbles higher, EURUSD could face parity in January — Hardy
  • Gold weakness tracking moves in Japanese yen — Hansen
  • Oil facing 'dangerous' scenario as net long builds — Hansen
  • Copper's downward descent could take industrial meal to $2.41 — Hansen