Macro Matters: Reasons To Be Cheerful
Episode 1680, Oct 24, 2023, 12:50 PM
(Watch the video interview HERE)
The impact of interest rate rises is being felt throughout the economy and proving a major headwind for UK markets. But as Singer Capital Markets’ macro specialist Jamie Constable tells Vox, receding inflationary pressures suggest a catalyst for a recovery from lowly valuations could be in sight.
00:00 Intro
00:28 Reflections on a difficult summer for markets, including further twists on the geopolitical stage
01:34 What could be the trigger for a rerating of downtrodden UK equities, including further low-ball acquisitions?
05:06 Should we be worried about the effect of a recession on US and UK earnings?
07:07 Should we be worried about the effect of a recession on US and UK earnings?
12:34 The dampening effect of rising interest rates on economic activity.
14:45 The new normal for inflation and interest rates, and the possible impact on markets.
21:01 Sectors to play retreating inflation, and why consumer shares could be a good contrarian bet.
25:18 Why you should have exposure to infrastructure and near-shoring driven capex.
The impact of interest rate rises is being felt throughout the economy and proving a major headwind for UK markets. But as Singer Capital Markets’ macro specialist Jamie Constable tells Vox, receding inflationary pressures suggest a catalyst for a recovery from lowly valuations could be in sight.
00:00 Intro
00:28 Reflections on a difficult summer for markets, including further twists on the geopolitical stage
01:34 What could be the trigger for a rerating of downtrodden UK equities, including further low-ball acquisitions?
05:06 Should we be worried about the effect of a recession on US and UK earnings?
07:07 Should we be worried about the effect of a recession on US and UK earnings?
12:34 The dampening effect of rising interest rates on economic activity.
14:45 The new normal for inflation and interest rates, and the possible impact on markets.
21:01 Sectors to play retreating inflation, and why consumer shares could be a good contrarian bet.
25:18 Why you should have exposure to infrastructure and near-shoring driven capex.