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Aug 2024
12m 55s

Cooling US producer prices fuel equity r...

JULIUS BAER
About this episode

European equities had a good session despite disappointing sentiment data from Germany while US producer prices rose less than forecast, indicating continued disinflation. This has boosted hopes for a US Federal Reserve rate cut in September, sending yields lower and stocks higher. And Dario Messi, Head of Fixed Income Research, talks about the health of the bond market, why his team upgraded the US high yield segment and what the latest data means for the Fed’s policy path.

00:00 Introduction by Jonti Warris (Investment Writing)

00:27 Markets wrap-up by Jan Bopp (Investment Writing)

06:48 Fixed income update: Dario Messi (Head of Fixed Income Research)

11:41 Closing remarks by Jonti Warris (Investment Writing)

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