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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: Should you trim equity exposure?
Description: Traders are now pushing back on bets that the first US Fed interest rate cut will be from July, instead of May. That’s after data overnight in the US showed inflation was stickier than expected last month. The rally that had been predicated on the belief that the central bank’s imminent pivot to interest-rate cuts slammed into reality, as those bets are being frantically rolled back. So should investors trim their equity exposure? What about Asian markets - are there any opportunities there? On Money in the Market, Hongbin Jeong speaks to Steve Brice, Chief Investment Officer at St...