19 min listen
Equities: Mike Tyson moment, Birkenstock IPO, Q3 earnings in focus
FromSaxo Market Call
ratings:
Length:
18 minutes
Released:
Oct 4, 2023
Format:
Podcast episode
Description
We are back with another episode on equities and with US bond yields galloping higher equities are under pressure. We talk about ways investors can reduce risk and what sectors or themes make sense under the pressure from higher interest rates. Then we talk about the Birkenstock IPO scheduled for pricing on Tuesday and first day of trading on Wednesday. The valuation of Birkenstock has actually gone up since the roadshow started as investors are recognising the strong brand and the upside potential from direct-to-consumer. Finally, we talk about the first batch of Q3 earnings releases next week with a focus on PepsiCo, Delta Air Lines, and JPMorgan Chase, with Peter Garnry and Oskar Bernhardtsen.
Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
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Read daily in-depth market updates from the Saxo Market Call and SaxoStrats Market Strategy Team here.
Click here to open an account with Saxo
Released:
Oct 4, 2023
Format:
Podcast episode
Titles in the series (100)
Macro and FX: King Dollar, pressures on China, and will ECB hike?: In today's podcast on macro and FX we discuss the ongoing strength of USD which is a function of relative weakness in Europe and China, and to what extent the US inflation report on Wednesday will impact the USD trade. China has been in focus a lot l... by Saxo Market Call