Today, a look at the US equity market suffering it first real broad sell-off in a while as nearly everything sold off yesterday, with the negative vibes intensifying after the close on news of Amazon.com's titanic spending plans on AI for the coming year. Elsewhere, crypto suffered one of its worst days ever, unsettling risk sentiment further. Also, a look at macro and FX, especially the wobbles in sterling on BoE and political developments. Today's pod hosted by Saxo Global Head of Macro Strategy John J. Hardy.

Two or three times per week, you will also find links discussed on the podcast and a chart-of-the-day over at the John J. Hardy substack.

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Amazon blasted on spending bonfire, Crypto FODLed.

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