Markets at new all-time highs as US inflation remains contained

The latest US inflation figures for July sent stocks soaring to new all-time highs once again. With a 25 basis-point rate cut in September now widely anticipated by market participants, expectations are running high. In contrast, European markets underperformed due to disappointing economic data from Germany. Joining us today are Dario Messi, Head of Fixed Income Research, and Mathieu Racheter, Head of Equity Strategy Research. Dario shares his rationale for why he doesn't foresee any significant yield spikes, while Mathieu provides insight into the challenges facing the pharmaceutical sector and the shifting landscape of market leadership in Europe. (00:00) - Introduction: Jan Bopp, Product & Investment Content (00:37) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (06:29) - Fixed Income: Dario Messi, Head of Fixed Income Research (12:34) - Equities: Mathieu Racheter, Head of Equity Strategy Research (18:10) - Closing remarks: Jan Bopp, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.