Episode Details
Back to Episodes
S&P 500 at record high as earnings loom and French risks persist
Description
The S&P 500 and Nasdaq closed at record highs in a broad-based rally, while lower bond yields and oil prices supported European equities. Overnight, renewed Middle East tensions pushed oil prices higher and weighed on Asian markets. Dario Messi, Head of Fixed Income Research, notes that French fiscal risks are justified, but markets already reflect a fairly pessimistic outlook. The key question is whether the situation in France spills over to other eurozone countries. Mathieu Racheter, Head of Equity Strategy, highlights the high hurdle for next week's US earnings season. Key areas to watch include bank earnings, hyperscaler capital expenditure, and signs of AI-driven productivity gains extending beyond the technology sector.
- (00:00) - Introduction: Lucija Caculovic, Product & Investment Content
- (00:34) - Markets wrap-up: Mike Rauber, Product & Investment Content
- (06:20) - Fixed income update: Dario Messi, Head of Fixed Income Research
- (09:41) - Q3 earnings season preview: Mathieu Racheter, Head of Equity Strategy Research
- (13:37) - Closing remarks: Lucija Caculovic, Product & Investment Content
Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.