AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Snipd AI
Amanda Agati from PNC Asset Management Group shares PNC's Christmas Price Index, revealing the cost of 'The 12 Days of Christmas' gifts. Jason Kelce joins a group of athletes investing in IMG Academy. Wall Street's top brass meets with lawmakers. Nadia Lovell from UBS Global Wealth Management provides insights on US equity.
Read more
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Nadia Lovell expects two to three rate cuts in the new year and suggests maintaining a quality portfolio with exposure to tech, energy, and defensive sectors.
- Corporations are experiencing improvement in earnings and fundamentals, contributing to a positive outlook for equities.
Deep dives
Expectations of Rate Cuts in the New Year
Senior US equity strategist at UBS Global Wealth Management, Nadia Lovell, expects two to three rate cuts in the new year. While the market is currently pricing in over 130 basis points for cuts, Lovell believes the Fed will remain patient until the middle of the year and that inflation will moderate further in the first half of the year. The Fed may utilize the ease in financial conditions and easing inflation to make rate cuts. However, if inflation re-accelerates or stalls, the Fed may hold rates higher for longer.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode