In this episode, we talk about extended markets and a very data heavy week. Nvidia dethrones Saudi Aramco to be the 3rd largest stock in the world and we do a comparison of today’s Magnificent 7 stocks to the Dotcom.   This episode is presented by Kelly Chia (Deputy Head of Research, Asia).

In this episode, we talk about US and Japanese stock markets that are at all-time highs and what could derail the Artificial Intelligence (AI) party. Mr Warren Buffet’s c.USD168bn dollar cash pile looks to grow with “little deal flow”. This episode is presented by Kelly Chia (Deputy Head of Research, Asia).

It’s a fact of life that marriages can fail – and for families who want to preserve their wealth from spousal claims, this becomes a contentious issue. In order to keep matters fair for all parties, what should wealth creators do? And if you’re on the cusp of married life, how can you broach the subject with your spouse-to-be? In this episode, tune into the fascinating insights of Martyn Carre, Head of Key Clients and Positioning, Fiduciary Services at Julius Baer.

The emerging market bond market is offering some interesting yields in absolute terms at the moment, and we expect the rate-cutting cycle in developed markets to start later this year, which should support emerging market hard currency debt. In this episode of the Beyond Markets podcast, Helen Freer, Investment Writer, talks to Esteban Polidura, Head of Americas Investment Strategy, and Dario Messi, Fixed Income Strategist, about this segment of the bond market and why we currently like...

We talk about how an external shock could be a welcome reset for stock markets and why Japan's stock market seems to be ignoring it's technical recession.   This episode is presented by Kelly Chia, Deputy Head of Research, Asia.

After multiple years of underperformance, we believe that 2024 could be a comeback year for the Singapore Real Estate Investment Trusts (S-REITs), with the macro tide turning towards expectations of a pause in the hiking cycle and cut in interest rates. The sector’s significant underperformance positions them well for a short term rebound trade – albeit with some volatility, given the data dependent nature of the Fed pivot. We maintain a neutral view over the medium term as high but stable...

The January core consumer price index rose 0.4% month/month, the highest reading since 1995 excluding the pandemic. The culprit was lodging (hotels and motels), which is unlikely to be repeated. Still the CPI reading may be an excuse for a pull-back in the S&P 500 index of in the high single digits or even low double-digits, even as the market is (we believe) in a primary bull trend. Vice President Kamala Harris said “I am ready to serve. There’s no question about that”. Her popularity is...

In this episode, our experts discuss the topic of sustainable investing, regulatory changes and the latest developments in sustainability initiatives. They debunk the negativity associated with ESG and greenwashing, share the Julius Baer Sustainable Investment Methodology, and elaborate on success cases of companies that have transitioned into more sustainable business models. Tune into this insightful episode featuring Isak Ahlbom, Head of Sustainable Investment Methodology in Switzerland,...

In this monthly China update, we discuss key questions including - Why is market sentiment so poor and is it comparable to the situation in 2015? Will recent measures to support the market make a difference? What is the outlook for the Chinese property market and high-end manufacturing? And finally, have Chinese government bond yields bottomed?   This episode is presented by Richard Tang, China Strategist and Head Research Hong Kong at Julius Baer with Hong Hao, Partner and Chief Economist at...

In this episode, our experts discuss the market outlook for 2024 and offer valuable strategies for various asset classes and effective portfolio management. Covering market trends to regional client positioning observations, they share practical advice on managing home-bias and explore important topics including active vs passive investing, relevance of the classic 60:40 asset allocation, the role of alternative investments and much more. Don’t miss this insightful episode featuring Yves...

In this episode of “The Week in Markets”, we focus on the market dynamics after the strong print of non-farm payroll in the US. While some investors are concerned about the valuations and positioning of US megacap stocks, our analysis suggests that they are far from frothy, with solid earnings delivery supporting further outperformance. In contrast, the liquidity dynamics in the Chinese market look more challenging. This is presented by Richard Tang, China Strategist and Head Research Hong...

Japan is one of the best performing markets year to date. In this episode, we lay out why has Japan done well and what we can expect for its future performance. This episode is presented by Kelly Chia (Deputy Head of Research, Asia).

Rather than oil pastel or charcoal, artist Refik Anadol’s medium of choice is data. Nicolas de Skowronski, Head Wealth Management Solutions at Julius Baer, met Refik at Art Basel 2023 to discuss the exciting applications of AI in the art and business world. Listen now to hear their conversation.

In rising 1.2% on Friday last week, the S&P 500 index went to a new high. In the 14 previous times since 1950 when the index went to a new high after a year or more months without one, it was up a year later in all but one, and the average return in all 14 times was 15%. With equal-weighted indices still below their highs, this is still a technology-driven bull market. Past presidential election cycles show the market tends to do well both 6 months before and after elections, regardless...

In the wake of the global financial crisis in 2008, the wealth management industry was bracing itself for significant disruption. Fintechs were poised to take over and traditional institutions looked to be facing a turbulent future. But over a decade later, the reality is somewhat different.  In this Next Generation episode of Beyond Markets, we are joined by Carsten Menke, Head of Next Generation Research at Julius Baer, to discuss why disrupting the financial industry has been more...

After global inflation and growth rates finally slowed down in 2023, what should investors expect for 2024? In this episode of the Beyond Markets podcast ‘Market Outlook 2024 – the start of a new cycle’, Christian Gattiker, Head of Research, and Mark Matthews, Head of Research Asia, talk to Bernadette Anderko, Investment Writer about the current and expected market environment as the new economic cycle unfolds, and what opportunities this should present. 00:33 Introduction01:16 When will rate...

In this episode, we are going to lay out why investors could be feeling the shakes in short term but would still be happier longer term. This episode is presented by Kelly Chia (Deputy Head of Research, Asia).

In this episode of our monthly China update, Richard Tang, China Strategist and Head Research Hong Kong at Julius Baer, speaks with Hong Hao, Partner and Chief Economist at GROW Investment Group to discuss recent developments in the Chinese market. The key event last December was the Central Economic Working Conference, which sets the policy direction for this year. How should we interpret the takeaways? What will economic policies look like this year? After every Central Economic Working...

In this episode, Mark Matthews, Head Research Asia Pacific analyses the economic data and market moves of recent days: including US December nonfarm payrolls coming above expectations, 10-year treasury yields moving above 4%, and the performance of the S&P 500 index in the first week of trading. What does history tell us about how the S&P 500 performs for the full year, after a negative return in the first week? How has the US stock market performed in election years? Tune in to find...

In our first podcast episode for the year, Mark Matthews, Head Research Asia Pacific, shares why the US market should do well in 2024, despite the S&P 500 index returning 26% in 2023. We need to remember that 2022 was a bear market, and in fact the index is only at the same level it was two years ago. The reasons for last year’s earnings recession were high inflation and high interest rates. But inflation has come down, and all indications are that interest rates will too. Earnings growth...

Dominique Maire (Head Equity and Fixed Income Investment Management) and Chris Irwin (Head FX and Metals Trading Asia Pacific) review how stocks, bonds and the precious metal markets performed in 2023. They discuss their investment preferences for 2024 including investment grade credit, quality emerging market corporate bonds and dividend growers. They also speak about the key drivers and technicals for precious metals, including large redemptions for Gold ETFs in 2023 and a survey showing...

The development of drugs to treat obesity brings a number of questions to the fore. How can medication actually help us to lose weight, what is the potential market size, and what long-term effects might these drugs have on our lives and on healthcare and various other sectors. In this episode of the Beyond Markets podcast, Helen Freer, Investment Writer, talks about these questions and more with Fabian Wenner, Equity Analyst, and Philipp Lienhardt, Head of Equity Research. 01:08 The...

In this episode, we discuss the dovish pivot by the Federal Open Market Committee (FOMC) and Federal Reserve (Fed) chair, Mr Jerome Powell, that has pushed US treasury yields sharply lower. The market now prices in 150bps cut as early as March while the Fed median dots plot points only to a 75bps cut. As the market fully discount the Fed’s dovish policy, officials are now trying to dial back expectations of an early cut. Although credit spread is not cheap, investors can still lock in yields...

In this episode of The Week in Markets, Equities Research Analyst Jen-Ai Chua highlights key central bank rate decisions scheduled this week, and their implications for the allocation of assets by investors. The US FOMC’s decision on 13 December to hold was accompanied by encouraging commentary on softer inflation, paving the way for rate cuts in 2024. Meanwhile, the better than expected showing in the BoJ’s December Tankan lends more support to the end of negative interest rates. decisions....

“Don’t be shy,” says Laura Hemrika, CEO of the Julius Baer Foundation, as she explains how philanthropy needn’t be a daunting task for those who want to get started. You may have heard a lot about large foundations taking action, but as Laura explains, “they all started with one individual who asked ‘what can I do to make a difference?’” In this episode of the Beyond Markets podcast, you can hear Laura’s tips on beginning your own philanthropy journey.