The Afternoon Update with Lynlee Foo MONEY FM 89.3

On The Afternoon Update, Hongbin Jeong is joined by Geoff Howie, Market Strategist at the SGX for a wrap on markets for the month. So how did markets fare overall in April? And what should investors watch out for in May?

 
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After a mostly strong quarter in the US equity market, equity valuations remain mixed across regions, with the global average skewed to look expensive by the Magnificent 7 in the US. St. James’ Place's recent report "FOMO: We Choose Fundamentals" highlights the current performance of the US equity market and how investors should explore the dynamics that’s shaping today’s investment landscape. On Money in the Market, Hongbin Jeong speaks to Angelina Lai, Chief Investment Officer, St. James’ Place, to find out more about the key findings of the report. 
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On What’s Trending, the creator of Netflix’s new hit series titled Baby Reindeer might be getting a lawsuit against him. Also, NASA’s Webb Space Telescope captured detailed images of the Horsehead Nebula. And lastly, zebras went on the loose at Washington.
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This week on Wall Street, all eyes will be on the Federal Reserve’s interest rate decision. The Fed is widely expected to hold interest rates steady. But when will rate cuts begin? More specifically, how many rate cuts can we expect by year-end? On Money in the Market, Hongbin Jeong speaks to Tareck Horchani, Head of Dealing, Prime Brokerage, Maybank Securities, to find out more. 
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On What’s Trending, a gold pocket watch auctioned from the Titanic cemented its status as a new world record for Titanic memorabilia. Our fur friends also made headlines this week - a dog became a ring bearer during its owners wedding and Seoul has a new paw-trolling team.
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On The Afternoon Update, Hongbin Jeong and Sean Cheong discuss a popular seasonal trade strategy - Sell in May and go away. But should you sell in May given the current market conditions? Or should you buy?
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