Episode Details
Back to Episodes
Are Markets Too Calm About Higher Rates?
Published 1 month ago
Description
US equities remain remarkably resilient despite Treasury yields around 5%, oil above US$100 and the Federal Reserve raising interest rates again. Elsewhere, the Bank of Japan and Reserve Bank of Australia are also tightening policy, while investors await a potentially consequential meeting between Donald Trump and Xi Jinping. With gold pushing back towards US$4,400 an ounce despite a stronger dollar, are markets underestimating the risks from higher rates and geopolitical uncertainty?
Image Credit: Shutterstock
See omnystudio.com/listener for privacy information.