Investor rotation hits AI stocks

Markets showed little festive spirit yesterday with almost all equity markets globally declining as investors continued to rotate out of key artificial intelligence names. The sell-off was triggered by concerns around financing issues of a data centre project in the US. In contrast, energy and financial sectors outperformed, supported by rising oil prices and dovish remarks from a Federal Reserve member ahead of today’s key events: interest rate decisions by the ECB and BoE, as well as the release of US inflation data. On today’s show, Norbert Rücker, Head of Economics & Next Generation Research, provides deeper insights into the oil market, while Nicolas Jordan, CIO Strategy & Investment Analysis, discusses asset allocation strategies for the coming year.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:34) - Markets wrap-up: Jan Bopp, Product & Investment Content
• (06:26) - Oil: Norbert Rücker, Head of Economics & Next Generation Research
• (12:36) - Update from the CIO Office: Nicolas Jordan, CIO Strategy & Investment Analysis
• (17:44) - Closing remarks: Helen Freer, Product & Investment Content

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