Moving Markets

After a strong start to the year, equity markets in the US and China saw investors take some of their chips off the table overnight. The Dow Jones for example lost 600 points, as investors took profits on some of the strong January gains and as a disappointing December retail sales reading raised concerns of a recession. Meanwhile, the 10 year US Treasury bond continued to rally, seeing its yield slide to its lowest level since September. Carsten Menke, Head of Next Generation Research, reveals what the most recent Chinese economic data means for the country’s property market and the knock-on effect on industrial metals, and Nicolas Jordan from the CIO office fills us in on the Investment Committee’s most recent thoughts and actions.

00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)
03:46 China/Demographics/Industrial metals by Carsten Menke (Head of Next Generation Research)
07:06 Update from the Investment Committee by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:54 Closing remarks by Bernadette Anderko (Investment Writing)

Show Notes

After a strong start to the year, equity markets in the US and China saw investors take some of their chips off the table overnight. The Dow Jones for example lost 600 points, as investors took profits on some of the strong January gains and as a disappointing December retail sales reading raised concerns of a recession. Meanwhile, the 10 year US Treasury bond continued to rally, seeing its yield slide to its lowest level since September. Carsten Menke, Head of Next Generation Research, reveals what the most recent Chinese economic data means for the country’s property market and the knock-on effect on industrial metals, and Nicolas Jordan from the CIO office fills us in on the Investment Committee’s most recent thoughts and actions.

00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing) 
03:46 China/Demographics/Industrial metals by Carsten Menke (Head of Next Generation Research)
07:06 Update from the Investment Committee by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:54 Closing remarks by Bernadette Anderko (Investment Writing) 

What is Moving Markets?

Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients.

The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.