US equity market rotation gaining steam

The average stock in the US rose yesterday, but investors shifted away from technology and bank stocks. European equities reached a new all-time high, though German stocks experienced their first decline in eleven days. Geopolitical tensions and announcements from the Trump administration led to demand for US Treasuries driving yields lower and also caused volatility in precious metals and oil, which rose initially but then declined. Weakness in US technology is affecting Asia, however, the main equity indices there remain stable. Carsten Menke, Head of Next Generation Research, discusses the factors behind silver’s incredible rally, and Mathieu Racheter, Head of Equity Strategy Research, talks about why he anticipates a positive earnings season overall.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:34) - Markets wrap-up: Mike Rauber, Product & Investment Content
• (06:51) - Silver: Carsten Menke, Head of Next Generation Research
• (11:04) - Earnings season preview: Mathieu Racheter, Head of Equity Strategy Research
• (14:47) - Closing remarks: Helen Freer, Product & Investment Content

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