Episode Details

Equity markets staged a cautious rebound yesterday, with major indices posting modest gains. In Europe, utilities led the advance, lifting the broader market, while in the US, leadership came from big tech and AI-related stocks. Sentiment was buoyed by SoftBank founder Masayoshi Son’s revelation that he was “practically crying” to sell the company’s Nvidia stake, alongside a strong earnings report from MongoDB. However, not all segments participated in the rally – precious metals lagged, and the energy sector saw a notable reversal. Meanwhile, DarioMessi, Head of Fixed Income Research, discusses expectations surrounding the still-pending appointment of a new Fed Chair for next year and how the bond market is digesting this transition.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:28) - Markets wrap-up: Jan Bopp, Product & Investment Content
• (06:29) - Bond market update: Dario Messi, Head of Fixed Income Research
• (10:34) - Closing remarks: Helen Freer, Product & Investment Content

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