About this episode
With no major geographical escalation over the weekend, US equities rose on Monday, helped by companies such as McDonald's which surprised on the upside with earnings. In Germany, inflation is at its lowest since 2021, but on the flip side, it is the only developed market economy in recession this year. China's economy remains fragile and the JPY is weaker as the Bank of Japan's monetary policy remains below market expectations. Mathieu Racheter, Head of Equity Strategy, notes that while the US is in an earnings recovery, Europe is still in an earnings recession. Manuel Villegas, Next Generation Research, talks about bitcoin as it moves from a payment token to a store of value; the next signpost is whether spot bitcoin ETFs will be approved by the SEC. 00:00 Introduction by Bernadette Anderko (Investment Writing) 00:26 Markets wrap-up by Mike Rauber (Investment Writing) 06:29 Q3 Earnings update by Mathieu Racheter (Head of Equity strategy) 12:53 Crypto assets update by Manuel Villegas (Next Generation Research) 18:13 Closing remarks by Bernadette Anderko (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.