Tanking The Economy To Force A Fed Pivot Is The “Most Stupid” Policy | Saxo Bank CIO

2022 was a bruising year for investors.

Will 2023 offer relief? Or will the beatings continue?

For insight into important investing questions like these, extra weight should be placed on the answers from those who are actually putting capital at risk.

So today, we welcome Steen Jacobsen back to the program. Steen is the Chief Economist and Chief Investment Officer of Saxo Bank, which manages billions in client assets.

When we spoke with him last a year ago, he predicted the Fed switch to hiking & tightening would catch the markets by surprise. Boy, was he proven correct.