Moving Markets

It was not an economic data release, but downbeat remarks from CEOs of major US banks about growth headwinds ahead that led the US equity market lower yesterday. Yet, on the positive side of the ledger, China’s National Health Commission announced 10 new measures to ease Covid restrictions. Dario Messi, from Fixed Income Research, joined the show to talk about why the fundamental backdrop for emerging market hard-currency bonds has turned attractive.

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
03:32 Emerging market hard currency bonds upgraded to ‘Overweight’ by Dario Messi (Fixed-income Research)
07:08 Closing remarks by Mike Rauber (Investment Writing)

Show Notes

It was not an economic data release, but downbeat remarks from CEOs of major US banks about growth headwinds ahead that led the US equity market lower yesterday. Yet, on the positive side of the ledger, China’s National Health Commission announced 10 new measures to ease Covid restrictions. Dario Messi, from Fixed Income Research, joined the show to talk about why the fundamental backdrop for emerging market hard-currency bonds has turned attractive.

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
03:32 Emerging market hard currency bonds upgraded to ‘Overweight’ by Dario Messi (Fixed-income Research)
07:08 Closing remarks by Mike Rauber (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.