US Markets Wrap

Trump Media & Technology is now part of two broad indexes of US stocks: the Russell 1000 Index of large-cap stocks and the Russell 3000 Index. And several popular passive funds - namely index and exchange-traded funds (ETFs) - automatically buy whatever shares are part of those Russell indexes. Jay Woods, CMT,  Chief Global Strategist, Freedom Capital Markets  shares his insights on the prospe...

In his latest speech, Federal Reserve Chair Jerome Powell expressed concern that holding interest rates too high for too long could jeopardize economic growth. Setting the stage for a two-day appearance on Capitol Hill this week, the central bank leader said that the economy and labour market have stayed strong despite recent cooling.  Laila Pence, President & Co-Founder, Pence Wealth Manageme...

Ben Emons, Chief Investment Officer of FedWatch Advisors shares his insights on how markets are pricing in a Trump/Biden result in the November presidential elections. He also explains he thinks the first rate cut, if any, is likely to come in December. Presented by: Ryan Huang Produced & Edited by: Yeo Kai Ting ( ykaiting@sph.com.sg ) Photo credits: CNN/ Getty Images See omnystudio.com/listen...

Nvidia stock staged a comeback after a multi-day sell-off that cost the US chipmaker its crown as the world’s most valuable public company.  Alex Morris, CEO of F/m Investments shares his insights on whether investors should continue this rally this ride on Nvidia or start rotating elsewhere before it's too late. He also weighs in on the latest FOMC minutes.  Presented by: Ryan Huang Producer: Yeo...

Sonu Varghese, Vice President & Global Macro Strategist, Carson Group shares his insights on the latest earnings season, what will encourage consumers to spend and the effects of interest rate movements on the US Dollar moving ahead. Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Graphics credits: pixabay & its talented community of contributors  See omnystudio.com/...

David Dietze,  Managing Principal & Senior Investment Strategist at Peapack Private Wealth Management shares his insights on AI monetisation trends, whether small caps will catch up in 2H, what the US economy looks like now, and if worries over a drop in confidence in where the stock market is headed is warranted. David also dives into his current stock picks - United Parcel (UPS) and Bristol...

Dave Sekera, Chief US Market Strategist at Morningstar Research Services shares his insights on how markets are reacting to the first in-person showdown of the 2024 campaign between President Joe Biden and his predecessor, former President Donald Trump. He also talks about current consumer patterns and where some investors might be looking to rotate to beyond tech. Presented by: Ryan Huang Produce...

Mark Matthews, Managing Director & Head of Research Asia, Julius Baer shares his insights on the optimism in the markets currently, a lookahead to the second half of 2024, and how the upcoming Union Budget might impact global market dynamics. Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Photo credits: Express Photo See omnystudio.com/listener for privacy information.

Ross Gerber, President & CEO, Gerber Kawasaki Wealth & Investment Management shares his insights on labour market resilience, what's driving market sentiments and investors towards Nvidia and Apple, and whether there's a sense of FOMO among investors and fund managers strapping up the tech rally. Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Photo credits: AP Photo...

Gina Martin Adams, Chief Equity Strategist & Global Director of Equity Strategy at Bloomberg LP shares her insights on approaching the AI space, what's a better entry point for AI names and what's holding back the small caps. She also touches on investors' sentiments surrounding the G7 leaders' focus on China and the war, against a backdrop where the US Presidential Election is just a few mont...

Michele Schneider, Chief Strategist, MarketGauge Group shares her insights on the commodity bull run and the metals space. But, is all that glitters, gold? Michele also dives into what's on the shimmery horizon and how trends in that space correlates to how investors are reacting with Nvidia and the tech bandwagon.  Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Graphics cr...

David Martin, Founder & Chief Investment Officer, Martin Fund Management LP shares his insights on whether the exuberance in the markets surrounding tech stocks is a cause for concern and the likelihood of seeing a 'bubble burst' in terms of where valuations are and how far they've come to date. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay...

Philip Waters, Head of Asia Pacific and Emerging Markets, OANDA shares his insights on the key differences in trends behind the retail trading scene landscape in Asia versus that of the US, what retail traders are looking out for currently and impact of the US elections on how traders are positioning themselves. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics cred...

The FOMC maintained the target range for the fed funds rate at 5.25% - 5.50% at the conclusion of the June meeting, while continuing to stress that rate cuts will remain elusive until policymakers have gained sufficient confidence that inflation is on a path to return towards the 2% target, despite today's cooler-than-expected CPI. Fed Chair Jerome Powell says it’s too soon to tell if Fed policy i...

Frank Cappelleri, Founder and President at independent financial research firm CappThesis shares his insights on whether markets are overbought, whether Tesla shareholders will approve Elon Musk's $56 billion pay package, price wars in the markets right now, and a lookahead to the FOMC meeting this week. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pix...

Jay Woods, CMT, Chief Global Strategist, Freedom Capital Markets shares his insights on Apple's latest announcements surrounding AI and personal intelligence, Nvidia's stock split, as well as the meme stock rally in recent weeks whether the mania is set to last. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay & its talented community of contri...

Justin Zacks, Vice President of Strategy, Moomoo previews the US non-farm payrolls data and potential implications for markets. He also shares how investors should position themselves around Nvidia's 10-1 stock split. Produced/Presented: Ryan Huang Graphics credits: pixabay & its talented community of contributors  See omnystudio.com/listener for privacy information.

Kelvin Wong, senior market analyst, OANDA discusses the new record highs on Wall Street by the S&P 500 and NASDAQ, as Nvidia led major tech stocks higher and slightly weak labor market data gave investors hope the Federal Reserve might move to lower interest rates later this year. Produced/Presented: Ryan Huang   See omnystudio.com/listener for privacy information.

Brenda Vingiello, Chief Investment Officer, Sand Hill Global Advisors shares her insights on the lack of catalysts in the markets in recent days, non-farm payrolls, rotation away from certain sectors following the latest earnings season and the levels of AI exposure currently.  Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay & its talented com...

Sonu Varghese, Vice President & Global Macro Strategist, Carson Group shares his insights on the latest movements in the oil and energy space, expectations on nonfarm payrolls data coming out later this week, job creation and the Goldilocks sweet spot in the markets currently. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay & its talented...

Kyle Rodda, Senior Financial Market Analyst, capital.com discusses why weaker economic data did not seem to help propel markets this time, what expectations are being priced into the Fed's preferred gauge of inflation - the PCE Index, and where to look for opportunities. Produced/Presented by: Ryan Huang Graphics credits: pixabay & its talented community of contributors  See omnystudio.com/lis...

Mark Newton, Managing Director & Global Head of Technical Strategy at Fundstrat Global Advisors shares his view on how much momentum is left behind Nvidia which is reaching closer to his target prices sooner than expected. He also looks at how the recent Technology rally has disguised some of the underperformance in important sectors like Healthcare. Produced/Presented by: Ryan Huang See omnys...

Laila Pence, President, Pence Wealth Management discusses why her top conviction picks are in Big Tech, AI & semiconductors, weight loss drugs as well as infrastructure. She also takes stock on the Magnificent 7's rally and what's next for them.  Presented by: Ryan Huang Producer: Yeo Kai Ting (ykaiting@sph.com.sg)  Graphics credits: pixabay & its talented community of contributors  See om...

Phillip Streible, Chief Market Strategist, Blue Line Futures  discusses how a commodities supercycle is poised to support prices of metals such as gold, silver and copper even higher. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay & its talented community of contributors    See omnystudio.com/listener for privacy information.

Dave Sekera, Chief US Market Strategist, Morningstar Research Services discusses which parts of the market are looking undervalued, how much more upside Nvidia might have after a strong run and solid Q1 results, as well as sectors he is keeping away from. Presented by: Ryan Huang Producer: Yeo Kai Ting ( ykaiting@sph.com.sg )  Graphics credits: pixabay & its talented community of contributors ...