After a strong start to the year, equity markets in the US and China saw investors take some of their chips off the table overnight. The Dow Jones for example lost 600 points, as investors took profits on some of the strong January gains and as a disappointing December retail sales reading raised concerns of a recession. Meanwhile, the 10 year US Treasury bond continued to rally, seeing its yield slide to its lowest level since September. Carsten Menke, Head of Next Generation Research, reveals what the most recent Chinese economic data means for the country’s property market and the knock-on effect on industrial metals, and Nicolas Jordan from the CIO office fills us in on the Investment Committee’s most recent thoughts and actions.
00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)
03:46 China/Demographics/Industrial metals by Carsten Menke (Head of Next Generation Research)
07:06 Update from the Investment Committee by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:54 Closing remarks by Bernadette Anderko (Investment Writing)