US equities reversed their initial losses on Friday as investors seemed to like what they heard from major US banks on their earnings releases and US short-term inflation expectations fell to their lowest in nearly two years. An interesting observation: after the recent rally, Hong Kong’s Hang Seng Index has outperformed the S&P 500 Index over the last twelve months. Mensur Pocinci, Head of Technical Analysis, talks about what type of assets to own as US Treasury yields have fallen recently.
00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
03:22 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)
04:50 Closing remarks by Mike Rauber (Investment Writing)