Best Julius Baer Podcasts (2025)

1
The Week in Markets: Hitting the pause button 9:38

1h ago9:38

9:38

The US and China have agreed to a 90-day truce in the trade war, following negotiations in Geneva. As part of the deal, the US will reduce tariffs on Chinese imports from 145% to 30%, and China will lower its duties on American goods from 125% to 10%. Markets have welcomed these developments, but key questions still remain about the implications fo…

1
US stocks rally after US-China trade detente 17:53

6h ago17:53

17:53

After the US and China both slashed their reciprocal tariff rates, US markets responded with jubilation yesterday, sparking an impressive rally with the S&P 500 building on its recent run as investors priced out the chance of a downturn. Also on today’s podcast, we are joined by David Meier, Senior Economist, who shares his insights on the impact o…

1
Tariff tensions ease and markets react 10:57

10h ago10:57

10:57

The United States and China have taken a step towards resolving their trade dispute, with both sides describing their initial talks in Switzerland this weekend as constructive. US Treasury Secretary Scott Bessent mentioned substantial progress, lifting equity markets in Asia and boosting investor sentiment. Meanwhile, safe havens like gold are feel…

1
We have a deal! 12:58

2h ago12:58

12:58

The US and the UK agreed a new trade deal yesterday, making the UK the first country to reach a deal with the US since US President Trump introduced new tariffs a month ago. Although this boosted global market sentiment, with US and European markets closing higher, UK stocks underperformed. The deal also weighed on safe-haven assets like US Treasur…

1
Fed says ‘No’ to pre-emptive rate cuts 18:46

6h ago18:46

18:46

The US Federal Reserve kept interest rates unchanged at its policy meeting yesterday and Chair Jerome Powell made it clear that with inflation still running above target, the Fed has no intention of cutting rates pre-emptively. He also warned that if tariff levels remain where they are, then a risk is posed to economic growth and inflation. Dario M…

1
Markets are taking a breather ahead of the Fed meeting 15:37

1d ago15:37

15:37

It took two attempts, but German conservative leader Merz was elected chancellor by parliament on Tuesday after an unprecedented defeat on the first attempt got his coalition government off to a wobbly start. Market sentiment took another U-turn yesterday, with global equities falling back for a second day ahead of today’s US Federal Reserve rate d…

1
US stocks stumble amid FX fluctuations 13:13

2d ago13:13

13:13

US equities struggled yesterday as the S&P 500 index snapped its nine-day winning streak with a modest rotation into defensive stocks. Meanwhile, the broad US dollar sell-off against Asian currencies is fuelling speculation that regional economies are allowing their currencies to strengthen to gain leverage in US trade negotiations. Also on today’s…

1
The Week in Markets: Sell in May and go away 6:03

2d ago6:03

6:03

In this episode of The Week in Markets, equities research analyst Jen-Ai Chua discusses the Trump effect on US GDP growth and on recent election outcomes in Canada, Australia and Singapore. The flight to safety by voters and investors have favoured familiar incumbents and driven capital flows into gold, European equities and Chinese stocks. Markets…

1
Stocks rebound, USD weakens, Buffett steps down 11:45

3d ago11:45

11:45

Global equity markets have largely recovered their losses since 2 April, or Liberation Day, with Australia, Mexico and Germany's DAX among the best performers. Warren Buffett will step down as the CEO of Berkshire Hathaway at the end of the year after 45 years. Brent oil falls below USD 60 a barrel, a four-year low, after OPEC+ announces further su…

1
Microsoft and Meta boost risk-on sentiment 12:15

6d ago12:15

12:15

Equity markets continued their multi-day rally yesterday with the S&P 500 nearing its ‘Liberation Day’ level after the fastest 8-session gain since November 2020. The rally was driven by upbeat earnings from Microsoft and Meta. This optimism has continued overnight after China said it’s evaluating trade talks with the US, boosting optimism that tar…

1
100 days with Trump 13:12

8d ago13:12

13:12

Donald Trump and his policies remain a key focus for investors, particularly today as he reaches his 100th day in office. Yesterday, Trump signed orders aimed at easing the pressure on carmakers, whilst Commerce Secretary Howard Lutnick hinted that the US has secured a trade deal with an unnamed country, prompting a rise in US shares. Meanwhile, US…

1
Trade talks and tech titans: busy times for investors 13:10

9d ago13:10

13:10

The markets have seen some brief respite from volatility, thanks to positive developments in ongoing trade talks and upbeat company reports. However, this week promises to be action-packed, with four of the tech giants - Microsoft, Meta, Apple, and Amazon - set to release their earnings reports, which will likely dictate market direction. Joining u…

1
The Week in Markets: Markets rebound as US softens its tone 6:22

11d ago6:22

6:22

US Treasuries and equities staged a strong comeback last week after US President Donald Trump appeared to strike a conciliatory tone on Fed Chair Jerome Powell and on the tariff deadlock with China. However, several US manufacturing activity indicators point to renewed contraction in regional manufacturing activities, and polls conducted by ABC New…

1
Stocks climb on Fed-cut hopes 11:17

13d ago11:17

11:17

Equity markets continued their multi-day rally yesterday on US Federal Reserve comments indicating an openness to rate cuts and signs that trade negotiations were progressing. China may exempt some US goods from tariffs and Apple plans to shift the assembly of all US-sold iPhones to India as soon as next year. In this episode, we are joined by Tim …

1
Optimism returns – but for how long? 11:12

14d ago11:12

11:12

Market sentiment has shifted towards optimism once again, with the US dollar gaining strength as concerns over President Trump's potential interference with the Federal Reserve's independence have eased. A two-day stock market rally has been fuelled by hopes that the US-China trade tensions will not intensify further. Meanwhile, recent data suggest…

1
Relief rally 13:45

15d ago13:45

13:45

Stocks jumped and the dollar edged up as the Trump administration defused some of the tension that had rattled financial markets in recent sessions. President Donald Trump said yesterday that he does not intend to fire Fed Chair Jay Powell, while Treasury Secretary Scott Bessent told investors that the US-China trade dispute is unsustainable and th…

1
The Week in Markets: Fed's independence under pressure 9:05

21d ago9:05

9:05

US President Donald Trump escalated his open criticism of Federal Reserve chair Jerome Powell on Monday, sparking concerns about the central bank’s independence. Meanwhile,Trump is also ramping up pressure on China, imposing fresh restrictions on the export of Nvidia's H20 AI chips. However, the University of Michigan consumer survey indicates th…

1
Investors ditch US assets and Fed independence comes under fire 14:39

16d ago14:39

14:39

Market uncertainty has taken hold, with the US dollar hitting 15-month lows, stocks plummeting – including the Nasdaq, which has entered bear market territory – and credit spreads spiking. In contrast, Asian markets remain relatively resilient, while gold and digital assets rally. To make sense of these trends, we're joined by two expert guests: Ma…

1
Tariff Shock: Can bonds still beat rising inflation? 26:09

22d ago26:09

26:09

The yield on the benchmark 10-year US Treasury moved up 50 basis points last week, representing one of the most significant single-week increases on record. As the US administration's unpredictable tariff policies continue to unsettle markets, how can investors navigate this challenging investment landscape? Steve Wang, Fixed Income Specialist Asia…

1
Nvidia down and Jerome Powell delivers cautious speech 17:00

21d ago17:00

17:00

Technology stocks were weak, with Nvidia shares down 7% following the imposition of export restrictions to China and other countries. In a speech in Chicago, Federal Reserve Chairman Jerome Powell discussed the potential dilemma of balancing inflation control with economic growth and indicated a cautious monetary approach. The European Central Bank…

1
The tariff tightrope: investors walking a fine line 12:58

22d ago12:58

12:58

The ongoing tariff saga remains the dominant theme, with investors waiting to see if tensions will ease or escalate. This uncertainty is taking a toll on consumer sentiment and investor expectations. Following recent volatility, markets were relatively calm yesterday, with European bourses ending the day in positive territory, while US stocks close…

1
Markets gain stability amid hints of tariff revisions 14:01

23d ago14:01

14:01

Markets are showing signs of stabilisation as the US administration appears to be reconsidering its tariff policy. This has boosted auto stocks in particular, driven by reports that President Trump may modify the tariff package for auto-related imports from Mexico and Canada. Additionally, US Treasury yields have decreased following their sharpest …

1
Understanding Trump’s tariffs: what it all means for investors 35:24

29d ago35:24

35:24

US President Trump’s Liberation Day tariff announcements sent shockwaves through financial markets and 2 April 2025 will certainly be remembered as a hugely significant day. But what are the implications for investors in the wake of all the tariff-related uncertainty? In this episode, Christian Gattiker, Head of Research at Julius Baer, talks to He…

1
The Week in Markets: Treasury market gets the White House’s attention 15:05

29d ago15:05

15:05

Recent spikes in Treasury yields, public criticism from Republican mega-donors on the tariff policy, and calls by Wall Street CEOs to the White House and the Treasury Secretary, seem to have caught the White House’s attention. Reciprocal tariffs on all countries (excluding China), and tariffs on many electronics goods have been paused. Investors ar…

1
Safe havens see record demand amid plunge in US bonds and dollar 11:02

24d ago11:02

11:02

Global financial markets experienced a tumultuous week, with safe-haven assets surging, and the US dollar and Treasury bonds posting sharp declines, raising concerns about the future of US economic dominance and global trade stability. As the escalating trade war with China continues to unfold, investors are bracing for another volatile week, in wh…

1
Gold: Separating the signals from the noise 12:55

1M ago12:55

12:55

As global markets reel from the fallout of the "Liberation Day" tariff announcements, gold is once again thrust into the spotlight. Despite a recent pullback amidst the market turmoil, the yellow metal has risen by around 20% overall in the past six months and continues to chart new highs. In this episode of the Beyond Markets podcast, Chris Irwin,…

1
Risk appetite disappeared on Wall Street 11:38

27d ago11:38

11:38

European markets played catch-up with Wednesday’s US rally yesterday, with nearly all sectors posting significant gains. However, when US markets opened, risk appetite appeared to evaporate on Wall Street, as stocks fell despite subdued inflation data. There was some brief respite for Treasuries but they then resumed their sell-off from earlier in …

1
Equity markets spring back, for now 13:35

28d ago13:35

13:35

Following President Trump’s ‘pause’ announcement yesterday, US And Asian equity indices experienced a relief rally of historic proportions. The punitive tariffs imposed on dozens of countries have now been swapped for a universal 10% rate, but only for 90 days. It remains to be seen whether this rally can be sustained or if it is merely a dead-cat …

1
Tariff-ied markets 11:51

29d ago11:51

11:51

The global trade war intensifies as the Trump Tariffs come into effect. Equities continue to decline for the fourth consecutive day, threatening to push the S&P 500 into bear market territory, as investors seek safe havens. Meanwhile, Treasuries, once considered the world's ultimate safe haven, remain under pressure as investors appear to be losing…

1
Water: Too little and too much 18:08

1M ago18:08

18:08

In this episode of Beyond Markets we take a closer look at water. With water scarcity and extreme weather events on the increase, what do listeners need to know about water-related challenges and opportunities from both a societal and investment perspective? We are joined by Carsten Menke and Maeve Timoney from Julius Baer’s Next Generation Researc…

1
Markets between despair and guarded hope 9:48

1M ago9:48

9:48

Global markets experienced significant volatility yesterday due to ongoing trade tensions sparked by President Donald Trump - the VIX index surged to 60 at one point. The S&P 500 closed just 0.2% lower despite threats of additional tariffs. Former New York Fed President Bill Dudley stated that a decline in stocks alone won't prompt the Fed to inter…

1
The Week in Markets: China calls the US’ bluff 16:15

1M ago16:15

16:15

Like in the Star Wars movie “The Phantom Menace”, the taxation of trade routes is leading to turmoil, including market turmoil. Bond and oil prices suggest the economy is about to abruptly slow down, following US President Donald Trump’s sweeping tariff announcements. The hope is the rest of the world will quickly come and negotiate with Trump, and…

1
Global stock markets plunge deeper as trade war escalates 20:12

1M ago20:12

20:12

As the emerging trade war takes its toll, causing global stock markets to sell off from Japan to Mexico, investor sentiment continues to deteriorate rapidly. After US stocks fell steeply on Friday, Asian equities have plummeted today, with tech and banking stocks leading the decline in response to the retaliatory tariffs announced by China. Mensur …

1
Liberation Day fallout 17:08

1M ago17:08

17:08

The fallout from Donald Trump’s tariff war spread across global markets on Thursday, knocking down stocks and sparking a flight to fixed-income havens. US equities and the dollar saw some of the worst selling on speculation the president’s trade offensive will cripple the American economy. In today’s special episode, Christian Gattiker, Head of Res…

1
And the verdict is? Tariffs for all 16:17

1M ago16:17

16:17

Last night President Trump delivered a 99 minute speech in which he announced a baseline 10% tariff across the board. For many of the 180 countries on that board, the actual number is much higher: China now faces a rate of 54% and it has vowed to take ‘resolute counter-measures’ to safeguard its own rights and interests. Markets reacted badly to th…

1
Markets brace for Donald Trump’s reciprocal tariff plans – more turmoil ahead? 10:45

1M ago10:45

10:45

In this episode, we dive into the latest market developments as European government bonds and equities surge on contained eurozone inflation. Meanwhile, US stocks experience a volatile session ahead of the unveiling of the Trump administration's reciprocal tariff plans. Joining us is Dario Messi, Head of Fixed Income Research, who shares his insigh…

1
The Week in Markets: Tariffs weigh on the economy and the market 10:04

1M ago10:04

10:04

New tariffs will surely lead to a rise in inflation, as will the oil price, if Iran ignores Trump’s ultimatum to a new nuclear deal. With inflation expected to stay high, we look for only one rate cut this year, and think 2026 will be an easier year to cut rates. The Philadelphia Semiconductor Index is technically weak, having broken its March low.…

1
Gold shines brighter as Liberation Day looms 11:23

1M ago11:23

11:23

European markets dropped yesterday but US stocks rebounded and the S&P 500 index closed up 0.6%, although this wasn’t enough to stop the benchmark index from posting its worst month in two years. Gold hit a fresh all-time high, up 1.2%, as investors sought safety amid concerns over the Trump administration's imminent tariffs and their potential imp…

1
The week begins on a risk-off note 12:22

1M ago12:22

12:22

US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs has increased the likelihood of a US recession from 20% to 35%. Asian marke…

1
Investing in equities amid tariff tensions 18:35

2M ago18:35

18:35

The second inauguration of Donald Trump has resulted in something of an upheaval for equity markets. The imposition of tariffs, or the threat of them, has led to uncertainty and heightened volatility, prompting a rotation out of US megacap stocks and into European and other global equity markets. It’s not an easy time to pick stocks. In this episod…

1
Tariffs remain top of mind 12:27

2M ago12:27

12:27

Wednesday’s announcement of new tariffs on all non-US-made cars sent shockwaves through the markets, with stock markets worldwide feeling the ripple effects. Carmakers were among the hardest hit, while some investors sought safer havens in more stable sectors, such as consumer packaged goods, where share prices rose. In the Asia-Pacific region, mar…

1
Stocks sell off as tariff angst hits markets 10:02

2M ago10:02

10:02

A three-day period of relative calm on Wall Street came to an end as major tech and automobile companies led a decline in global equity markets yesterday. Concerns about the economic impact of ever more tariff announcements, weak consumer sentiment and rising inflation risks are dampening investor risk appetite. Nvidia and Tesla slumped nearly 6%, …

1
Consumer sentiment slumps and copper prices surge – but markets remain calm 17:49

2M ago17:49

17:49

Consumer sentiment in the US continues to decline, with some indices flashing warning signs of a potential recession. Despite the weakness in sentiment, hard economic data remains resilient - for now. Meanwhile, one of the main beneficiaries of the ongoing uncertainty surrounding US tariffs, is industrial metal copper, whose price has reached an al…

1
Big tech leads relief rally amid optimism on tariffs and data 10:45

2M ago10:45

10:45

US equity markets jumped yesterday on hopes that President Trump may hold back from implementing some of his wide-ranging tariff plans, hinting at a narrower scope of reciprocal levies set to be announced on 2 April. In today’s Asia session, though, it’s a different story, with tech stocks on the back foot, weighing on markets. Also on today’s podc…

1
The Week in Markets: “Flooding the zone” 17:02

2M ago17:02

17:02

This year, the S&P 500 index has been in what technical analysts call a “broadening formation” of wider swings, that signals increasing volatility and typically precedes large price moves. While the second Trump administration is less chaotic than the first, it is overwhelming any opposition with a blitz of activity. The thinking is there is no t…

1
US equities trying to rebound 9:31

2M ago9:31

9:31

Central banks adopted a cautious tone on monetary policy, driving gold to a new high last week. The EUR suffered a 'sell the news' reaction following the announcement of Germany's spending plans. President Trump's comments on tariff flexibility provided a boost to the S&P 500 late on Friday. Looking ahead, this week promises to be eventful, with ov…

1
Equities halt Fed-fuelled rally as trade fears linger 11:23

2M ago11:23

11:23

Equity markets remain fragile as a renewed focus on trade fears derailed a short-lived recovery in risky assets as a busy central bank week draws to a close. Tim Gagie, Head of FX & PM Solutions Geneva, talks about the impact of the latest central bank communications on currency markets, and what he expects for gold going forward. 00:00 Introductio…

1
Fed does not scare markets 16:13

2M ago16:13

16:13

The US Federal Reserve has kept interest rates steady at 4.25%-4.5%, while downgrading the growth forecast to 1.7% and increasing inflation expectations to 2.8%. Chairman Powell's comments sparked a positive market reaction, with the Treasury curve steepening and equities rising on hopes of future rate cuts. Meanwhile, Turkey's lira plummeted over …

1
Geopolitics in flux: New paradigms for a new era 15:03

2M ago15:03

15:03

The world is witnessing a rapid shift towards de-globalisation, accelerated in part by the new US administration. Meanwhile, ongoing disputes over tariffs, trade imbalances, and the widening US fiscal deficit continue to dominate global discussions. In this episode of Beyond Markets, Rishabh Saksena, Head of Investment Specialists Asia at Julius Ba…

1
Germany gives the green light to major fiscal package 17:24

2M ago17:24

17:24

The German parliament voted in favour of a significant fiscal package yesterday, paving the way for increased defence spending and a substantial infrastructure fund, subject to the bill passing through the Bundesrat on Friday. This news was warmly received by investors, helping to drive a solid performance in European markets. In contrast, the US m…

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Julius Baer Podcasts

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