Beyond Markets

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts How important is succession planning? And without the right timing, what kind of obstacles can families face? In this episode of Beyond Markets, we speak with Gabriele Di Girolamo, Head of Wealth Planning Europe, about the intricacies of timing your succession and more.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode of The week in markets, the market seems to be breathing a sigh of relief about the takeover of First Republic Bank. Unlike with Silicon Valley Bank, when treasury yields collapsed, since JP Morgan purchased First Republic, treasury yields have risen. It will listen closely for hints the Fed is coming to the end of its rate hike cycle, when the Fed meets this Wednesday. Even if there is one more 25 basis point hike, it’s tiny compared to the move from 0.25% to 5%, since March last year. As we enter the so-called “sell in May and go away” time of year, it’s worth noting that in previous years when returns from January through April were positive, the S&P was up three quarters of the time from May through October, and the average return was 4%. This week another 162 companies report their earnings. If the trend of companies beating analyst forecasts continues, the year/year earnings decline to continue to shrink. So that by the time all of them have reported, the earnings growth could be zero, from an estimated -6.7% going into the results season, and -3.7% today.This episode is presented by Mark Matthews, Head Research Asia at Julius Baer.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In the second episode of this monthly podcast series with our China partner GROW Investment Group (GROW), we discuss the uneven recovery of Chinese consumption, the outlook for the property market, the domestic policy outlook and President Biden’s potential investment ban that was reported by the media. Listen to this insightful dialogue between our experts Richard Tang, Head Research Hong Kong at Julius Baer and Hong Hao, Partner and Chief Economist at GROW.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts Most investors are aware of the old adage, “Sell in May and go away”. But where does this saying come from and is it really that straightforward? In this episode of the Beyond Markets podcast, Mensur Pocinci, Head of Technical Analysis at Julius Baer, shares his thoughts with Helen Freer, Investment Writer, on how we should interpret this well-known phrase and if it is relevant in 2023. 0:51       What is technical analysis?3:18       Where does the saying “Sell in May and go away” come from and how should investors interpret it?6:15       Why do equities tend to underperform between May and November?7:41       Does the saying also apply to other asset classes?8:21       Conclusion

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode of The Week in Markets, CNBC’s All America Economic Survey, the Philadelphia Fed’s Manufacturing Index, the Conference Board’s Leading Economic Index, and credit availability to small businesses all suggest an imminent recession. Yet S&P’s preliminary US Composite PMI rose from 52.3 in March to 53.5 in April, signaling an impending rise in GDP. We put the odds of a recession in the US at 50/50.This episode is presented by Mark Matthews, Head Research Asia at Julius Baer.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode we will be revisiting Julius Baer's views on Market Outlook 2023 and discussing how to position portfolios in this everchanging market environment. This episode is presented by Yaw Shin Wong, Equities Specialist at Julius Baer.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode of The Week in Markets, Julius Baer Investment Analyst Jen-Ai Chua reminds us that April is historically a good month for stocks. Good Q1 earnings by American banking heavyweights certainly support this view. A pause in rate hikes would be an added catalyst, but whether this will materialize in the US is still very much anyone's guess, going by the different views held by US Treasury Secretary Janet Yellen and various Fed governors/presidents on the matter. Over in Asia, the monetary tightening cycle appears to be close to an inflection point with more central banks keeping tightening on hold. Hopes that Japan will tighten appear to have run into a temporary speed bump as the new BoJ governor remains resolutely set on 'aggressive easing'. That, however, is not stopping Warren Buffet from placing his bets on Japan - the only non US market he is currently invested in. We wish Muslim listeners Eid Mubarak and all listeners a Happy Earth Day.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts Bonds have been hitting headlines for all the wrong reasons of late. In 2022 we saw a fall in bond prices with the accompanying substantial rise in yields. And in 2023 we’ve seen Silicon Valley Bank collapse following its failure to liquidate its long-dated bond portfolio successfully. Added to this, Credit Suisse’s additional tier one bonds were completely written off in the wake of the bank’s rescue by UBS. Investors might be left feeling perplexed. Do bonds actually still have a place in a modern portfolio? In this episode of the Beyond Markets podcast series: ‘How to select bonds in a challenging environment’, Roman Frey, Head of Julius Baer Fixed Income Investment Management and Dario Messi, Fixed Income Research Analyst, talk to Bernadette Anderko, to share their insights into the world of bond investing, explaining just why they believe bonds have a vital role to play in diversifying a portfolio, and how best to approach bond selection in today’s difficult inflationary environment.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode, we focus on the divergence of the equity and interest rate markets in pricing the economic outlook especially in the US, and the resulting investment implications.  We think the short end of the curve is still attractive carry, while low equity vol offers cheap hedges for investors who are concerned on any downside risks in US equities after recent strong performance.This episode is presented by Richard Tang, China strategist and Head of Research Hong Kong at Julius Baer.

The Beyond Markets podcast channel is wrapping up on a high note at the end of 2025. But do not worry! The conversation continues on our podcast Moving Markets by Julius Baer, where we'll be sharing fresh insights and analysis on current market developments. Subscribe to Moving Markets on Spotify Subscribe to Moving Markets on Apple Podcasts In this episode, we discuss five things to note. Firstly, we will review how the market has been doing. Second, we check out what investors have been buying and selling. Thirdly, we explore why digital assets have done so well. Fourth, we try to predict what the fed will do on the 3 May. Finally, we think about what could derail the markets and how a bearish investor can consider positioning.This episode is presented by Kelly Chia, Deputy Head of Research Asia at Julius Baer.