About this episode
US equities recovered from Wednesday’s sell-off and are now on track for a Santa Claus rally, which refers to the last five trading days of the year. However, the positive mood could be spoilt by two things: the PCE deflator figures due later today, which will provide a fresh indication of where US inflation is heading, and concerns in China as the country cracks down on the mobile gaming industry. In commodities, Angola’s decision to leave OPEC has raised some questions about how effective the organisation really is, but oil is currently well supported by tensions in the Red Sea. Cyril Demaria-Bengochea, Head of Private Markets Strategy, joins the show today to discuss the impact of higher interest rates on private markets. 00:00 Introduction by Helen Freer (Investment Writing) 00:33 Markets wrap-up by Lucija Caculovic (Investment Writing) 07:10 What higher interest rates mean for private markets by Cyril Demaria-Bengochea (Head of Private Markets Strategy) 13:44 Closing remarks by Helen Freer (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.