It’s Fed day!

We’ll finally get the last monetary policy decision of the year from the US central bank today and a 25 basis point cut is firmly priced in. Almost more important will be the dot plot, economic projections, and comments from Jerome Powell after the main event. Global equity markets have been relatively muted in the last 24 hours aside from some company specific news that you can catch up on in today’s podcast. Strong earnings growth and an accommodative Fed are a strong backdrop going forwards, as detailed by Mathieu Racheter, Head of Equity Strategy Research, who also provides more clarity on his recent downgrade of Industrials to Neutral. He even provides a sneak peek at his preferred sectors for 2026.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:28) - Markets wrap-up: Bernadette Anderko, Product & Investment Content
• (05:52) - Equity market update and industrials downgrade: Mathieu Racheter, Head of Equity Strategy Research
• (11:15) - Closing remarks: Helen Freer, Product & Investment Content

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

What is Moving Markets: Daily News?

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. 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.