logo
episode-header-image
Aug 2024
19m 23s

Stocks stage a comeback

JULIUS BAER
About this episode

US stocks surged yesterday, with the S&P 500 climbing 2.3% in its strongest session since November 2022. The positive market sentiment was fuelled by a drop in US initial jobless claims to the lowest level since late May, which also led to an upward shift in the yield curve. In Asia, equities rose across the region on the back of encouraging Chinese consumer price data, which pointed to a potential rebound in domestic demand. Meanwhile, Bitcoin and oil prices have risen this week, while gold has fallen slightly. Joining us today is our Chief Economist, David Kohl, who will help us make sense of the past week’s volatile markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:31 Markets wrap-up by Lucija Caculovic (Investment Writing)

06:28 Macro update: David Kohl (Chief Economist)

18:08 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 wherever you get your podcasts.

Up next
Yesterday
A surprise exit, sinking tech, and a flight to safety
Markets are digesting a major ECB surprise as Christine Lagarde announces her early departure while keeping the door open to another rate hike. Meanwhile, investors are rotating out of technology despite resilient US growth, with Alphabet, Amazon, and Intel all under pressure. We ... Show More
12m 13s
Oct 29
AI earnings upset the applecart
Chip stocks lifted US stock markets, helping them to close higher on Wednesday, but Alphabet and Samsung's earnings have since dampened investors' enthusiasm. The Bank of Canada raised rates by 25 basis points whilst the Fed stayed on hold. Today it's Europe's turn and the ECB is ... Show More
12m 10s
Oct 28
AI optimism returns as central banks and hyperscalers take centre stage
Anthropic’s IPO filing has reignited enthusiasm for the technology and semiconductor sectors, providing fresh momentum for the broader AI ecosystem ahead of earnings releases from Microsoft and Alphabet after the US market close today. Meanwhile, government bond yields are edging ... Show More
13m 54s
Recommended Episodes
Jun 2023
Stocks resume climb after uptick in jobless claims, dollar tumbles
Send us Fan MailUS weekly jobless claims hit highest in 1½-years, boosting Fed pause bets. Tech stocks find reason to celebrate as yields decline but China weakness weighs. Dollar skids but steadier today, aussie leads FX weekly gains.Risk Warning: Our services involve a signific ... Show More
3m 42s
Aug 2021
US yields jump, gold dives ahead of US inflation!
Asian stock markets kicked off the week on a positive note, although the US indices had nothing more exciting than mixed performance after the announcement of strong jobs data on Friday. The US jobs data gave a small boost to the Dow and the S&P500 which closed Friday’s session 0 ... Show More
10m 42s
Oct 2025
Stocks Rally As China Trade Fears Diminish… And Bank Results Ready To Go 10/13/25
<p>Stocks bouncing back after Friday’s sharp sell-off. How President Trump mitigated investor fears over China Trade, and the sectors leading the charge in today’s rally. Plus Earnings season on deck, and big banks are kicking things off. What a top bank analyst sees in store for ... Show More
43m 43s
Aug 2022
Strong US jobs data hammers the recession 'optimism'
Strong US jobs data revived the Federal Reserve (Fed) hawks on Friday. The US 10-year yield jumped, and the US dollar gained. Gold gave back a part of gains, and US stocks closed in the negative, although the three major US indices closed the first week of August in the positive. ... Show More
10m 42s