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Today, it’s US inflation day

Today, it’s US inflation day

FromMoving Markets: Daily News


Today, it’s US inflation day

FromMoving Markets: Daily News

ratings:
Length:
7 minutes
Released:
Oct 13, 2022
Format:
Podcast episode

Description

The S&P 500 is at its lowest level since November 2020; the minutes of the US Federal Reserve’s September meeting show that it is committed to raising rates to restrictive levels; and Germany reported that inflation rose 10% in the 12-months ending September. This sets the stage for the all-important US inflation report due out later today, which is likely to drive market action today, and maybe even in the weeks to come. Roberto Cominotto, Equities Research, speaks on why he thinks European automobile stocks are worth taking a closer look at now, even if there are concerns about a recession looming around the corner.00:09 Introduction and markets wrap-up by Mike Rauber (Investment Writing)04:10 Automobile stocks by Roberto Cominotto (Investment Research Analyst)06:05 Closing remarks by Mike Rauber (Investment Writing)
Released:
Oct 13, 2022
Format:
Podcast episode

Titles in the series (100)

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.