Oil could be up as much as 25-30% during Q4 due to the production cuts out of Saudi Arabia and Russia. This is beginning to smell like the 1970's and we take a closer look at  how that affects inflation and growth with the great Mikael Sarwe of Nordea Bank. We also discuss inflation outlooks in both the U.S. and Europe. Use the exclusive offer Macro30 to get 30% off your subscription at www.stenoresearch.com  Hosts: Andreas Steno Larsen and Mikkel Rosenvold Guest: Mikael Sarwe, Nordea