US Markets Wrap

Sonu Varghese, Vice President & Global Macro Strategist at Carson Group shares his insights on what's driving declines seen in Nvidia of late, why September is historically a weak month and which sectors capital flows are rotating into.  Presented by: Willie Keng Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: pixabay & its talented community of contributors  Se...

Joseph Sroka, Chief Investment Officer & Co-Founder, NovaPoint Capital addresses recessionary fears and investors' confidence levels coming on the back of the latest US economic data including weekly jobless claims and Q2 GDP. He also shares his insights on artificial intelligence darling, Nvidia - whether the surge in AI spending will drive free cash flow for the company, and if it's time for...

Laila Pence, President & Co-Founder, Pence Wealth Management shares her insights on top conviction calls including utilities and REITs, why the Artificial Intelligence and Big Tech worlds are just starting to take flight, and how investors should navigate the bonds and fixed income space. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: pixab...

Michele Schneider, Chief Strategist at MarketGauge Group shares her insights on how investors are riding the Nvidia wave, a forecast of how consumer sentiments are headed and her latest stock picks, including RIVIAN, SLG and BLOK. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: pixabay & its talented community of contributors  See omnystudio...

Ryan Detrick, Chief Market Strategist, Carson Group shares his insights on America's employment landscape, and how markets are pricing in the rotation away from tech once again, the US Presidential Election, and why the recent refinancing surge could unlock a big part of the economy that has struggled. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo cred...

Alex Morris, CEO, F/m Investments shares his insights on what markets and investors will be looking out for as Kamala Harris sets out a broad picture of her policy vision at the Democratic National Convention and why the better odds have Trump in favour even though Harris is leading in the polls. He also dives into latest developments in the technology sector and how big of a rate cut markets are...

Todd Rabold, Investment Management Partner at the Callan Family Office shares his insights on the significance of Bank of America’s latest aggregate credit and debit card data showing a 1% dip in total credit card spending per household in the week ending Aug 10, biggest point of disagreement between the bulls and the bears, whether Lineage's recent IPO presents a window of opportunity for investo...

Matt Maley, Chief Market Strategist, Miller Tabak shares his insights on potential fireworks that might be seen in the markets in the next week when the Democratic National Convention takes place, sectors that he is keeping an eye out for, and his takeaways from Disney's latest earnings. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: AaronP/Bau...

Christine Short, Vice President of Research at Wall Street Horizon shares her insights on the patchy data of late, observations on how consumers are spending and whether all of that will weigh down on business in the coming quarter. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: pixabay & its talented community of contributors See omnystudi...

Brian Niccol, who has held the top position at Chipotle since 2018, will take the helm of Starbucks starting September. He will replace Laxman Narasimhan, whose relatively brief tenure began in March last year, when he took over from Howard Schultz and became the first chief executive to come from outside the company.  David Dietze, Managing Principal at Peapack Private weighs in on Starbuck's lat...

Suan Teck Kin, Head of Research & Executive Director at UOB shares his insights on the weakness and indicators pointing to weakening US economy, how severe a US recessionary story would look like, and whether it's a concern that consumers are tightening their purse strings down the value chain. He also shares his perspectives on the criticism surrounding the speed of upcoming rate cuts and how...

Steve Lawrence, CIO, Balfour Capital Group shares his insights on the latest action in the markets including the huge stock swings following dips in the US stocks, fears of a recession, and what he is taking away from the guidance coming on the back of the earnings. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Assistant Producer: Simone Chuah Photo credits:...

Chris Weston, Head Of Research at Pepperstone shares his insights on the turnaround following the worst dip in years, how he is approaching the markets in recent times given the volatility, movements in the semiconductor and high-tech space, as well as the Yen. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Assistant Producer: Simone Chuah Photo credits: AP P...

The Dow Jones Industrial Average just post its worst day in nearly two years, as worries over the health of the US economy sparked a global market sell-off. Both the blue-chip Dow and S&P 500 registered their biggest daily losses since September 2022.  The latest moves come as fears of a US recession sparked a global market meltdown, following a disappointing July jobs report. Michele Schneide...

Nadine Terman, CEO & CIO, Solstein Capital shares her takeaways on the latest earnings revolving mega cap tech giants, Apple and Amazon, whether the economy is leaving elevated inflation blues behind, if she foresees debt further easing in 2025, and whether we'll be seeing further weakness in the US labour market moving forward. Presented by: Yeap Junrong Produced & Edited by: Yeo Kai Ting...

The Federal Reserve did not lower interest rates today, but its statement did tee up the possibility of a September cut. Federal Reserve Chair Jerome Powell laid the groundwork for a September move to lower interest rates but has left himself some room to divert if the data doesn’t go according to plan.  Frank Cappelleri, Founder and President, CappThesis shares his insights on the impending rate...

Brenda Vingiello, Chief Investment Officer, Sand Hill Global Advisors shares her insights on AI monetisation, what investors should be thinking about when considering whether now is the right time to cash into the AI sector, expectations for the FOMC meeting later this week, as well as how earnings from companies that are seeing a shift in consumer spending might play out for the US economy.  Pres...

David Martin, Founder & Chief Investment Officer at Martin Fund Management shares his insights on the latest trader sentiments around the equity market, direction of the oil sector currently, as well as names on the market to look out for. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Assistant Producer: Simone Chuah Photo credits: pixabay & its tale...

Kristina Hooper, Chief Global Market Strategist, Invesco shares his insights on the potential rate cut timeline, cracks forming in the markets currently and how investors should position themselves as the earnings season continues, ahead of the FOMC meeting next week. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: pixabay & its talented com...

Jason Britton, Founder & CIO at Reflection Asset Management shares his insights on on the latest sea of red in the markets coming on the back of Tesla and Alphabet's earnings release, sentiments and expectations surrounding AI, and if this is the time to be contrarian. He also shares his current industry picks. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.s...

Rick Bensignor, President, InTheKnowTrader.com shares his insights on the latest unwinding of the equity markets, sentiments surrounding the number of rate cuts, the upside for gold at the moment as compared to "digital gold" - or bitcoin - and how investors are responding to shifts in the US presidential election space. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph...

Phillip Streible, Chief Market Strategist at Blue Line Futures shares his insights on how Biden pulling out of the 2024 Presidential race is shaking up the markets, whether last week's rotation away from tech is seeing a reversal, as well as safe haven currencies and commodities. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: Jacquelyn Martin/A...

Ryan Detrick, Chief Market Strategist, Carson Group shares his insights on the momentum of the tech rally, what's happening with the spending segment of the market, and whether the complications with the US Presidential Elections would have any implications on potential rate cuts this year. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: AP Phot...

Christine Short, Vice President of Research, Wall Street Horizon shares her insights on the latest takeaways for Q2 earnings season so far, and how markets are reacting to the unsuccessful assassination attempt of Trump. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Photo credits: Michael M. Santiago/Getty Images; Megan Varner/Reuters See omnystudio.com/list...

Yussef Gheriani, Director of Investments and Operations, IHT Wealth Management shares his insights on the latest inflation data and prospects of rate cuts further down, as well as performance in the early earnings season, with a focus on AI and technology. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting (ykaiting@sph.com.sg) Assistant Producer: Simone Chuah Photo credits: pixabay &...