The Traderszone Network

Published in TZ Latest News 8 August, 2014 by The TZ Newswire Staff

Saxo’s Steen Jakobsen Blasts "The Market’s So Complacent, I Want To Scream"

We’ve largely ignored geo-political risks, ignored a slowdown in European growth, ignored the fact that Germany is deteriorating fast while increasing the amount of risk we take. That’s the view of Saxo Bank’s Steen Jakobsen who exclaims in this brief clip that “the market is so one sided and complacent,” he feels a need to scream. Steen is urging traders and investors to take a serious reality check, pointing out that this decline is illustrated perfectly well on fixed income markets.

 

 

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