Moving Markets

US stock markets experienced a downturn, with all major indices posting significant losses. Consumer discretionary stocks felt the brunt of the decline, led by disappointing performances from Coca-Cola and McDonald's. Meanwhile, the tech sector faced pressure ahead of the highly anticipated earnings report from Tesla, the first set of Q3 results from the ‘Magnificent 7’, which were released after the market close.

Joining us to share their insights are two experts: Norbert Rücker, Head of Macro Research and Next Generation, who discusses his current views on commodities, and Nicolas Jordan, CIO Office, who explains why, and which European equities remain a crucial component of a diversified investment portfolio.

00:00 Introduction by Bernadette Anderko (Investment Writing)
00:27 Markets wrap-up by Roman Canziani (Head of Investment Writing)
05:39 Commodity update: Norbert Rücker (Head of Macro and Next Generation Research)
09:28 Update from the CIO Office: Nicolas Jordan (CIO Strategy & Investment Analysis)
13:22 Closing remarks by Bernadette Anderko (Investment Writing)

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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.