Will there be a Santa Claus rally?

12/22/23 • 15 min

US equities recovered from Wednesday’s sell-off and are now on track for a Santa Claus rally, which refers to the last five trading days of the year. However, the positive mood could be spoilt by two things: the PCE deflator figures due later today, which will provide a fresh indication of where US inflation is heading, and concerns in China as the country cracks down on the mobile gaming industry. In commodities, Angola’s decision to leave OPEC has raised some questions about how effective the organisation really is, but oil is currently well supported by tensions in the Red Sea. Cyril Demaria-Bengochea, Head of Private Markets Strategy, joins the show today to discuss the impact of higher interest rates on private markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:33 Markets wrap-up by Lucija Caculovic (Investment Writing)

07:10 What higher interest rates mean for private markets by Cyril Demaria-Bengochea (Head of Private Markets Strategy)

13:44 Closing remarks by Helen Freer (Investment Writing)

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

00:00 Introduction by Helen Freer (Investment Writing)

00:33 Markets wrap-up by Lucija Caculovic (Investment Writing)

07:10 What higher interest rates mean for private markets by Cyril Demaria-Bengochea (Head of Private Markets Strategy)

13:44 Closing remarks by Helen Freer (Investment Writing)

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

Previous Episode

Stock market rally stalls as traders take profits ahead of long weekend

Yields in Europe have come under significant pressure as inflation has collapsed across the board, with the German 10-year benchmark yield now back below 2%. Meanwhile, the relentless rally in equity markets over the past few weeks took a pause yesterday, with traders apparently taking some chips off the table ahead of the long weekend. Carsten Menke, Head of Next Generation Research, talks about our commodities outlook for 2024 and Nicolas Jordan, CIO Strategy & Investment Analysis, shares the latest thoughts from the CIO Office.

00:00 Introduction by Helen Freer (Investment Writing)

00:53 Markets wrap-up by Roman Canziani (Head of Investment Writing)

06:49 Commodities Market Outlook 2024 by Carsten Menke (Head of Next Generation Research)

12:44 Latest news from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)

15:58 Closing remarks by Helen Freer (Investment Writing)

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

Next Episode

Special Episode: Looking at the biotechnology sector

As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a recent conversation on biotechnology between healthcare analyst Fabian Wenner and equity specialist Yaw Shin Wong on the Julius Baer Beyond Markets podcast. Together they talk about the fundamentals of this segment of healthcare, mRNA technology and the number of acquisitions taking place.

Our regular programme featuring daily market news returns on Thursday 4th January.

00:00 Introduction by Helen Freer (Investment Writing)
00:41 Biotechnology by Fabian Wenner (Healthcare Analyst) and Yaw Shin Wong (Equity Specialist Asia)
05:57 Closing remarks by Helen Freer (Investment Writing)

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