28 November 2023
Money in the Market: Do non-US shares offer better returns than US shares?
Since the end of October, the US stock market has experienced a substantial increase. The S&P 500 has increased by nearly 10%, while the Nasdaq has increased by 13%.
However, some analysts believe that the recent increase in US equities and bonds is more likely to be a year-end comeback than a decisive turning point. Should investors remain cautious? Are there alternatives investors should consider other than investing in US stocks? On Money in the Market, Hongbin Jeong speaks to Gary Dugan, CIO of Dalma Capital, shed light on these market dynamics.

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Listen To His Previous Podcasts:

21 September 2023
Money in the Market: For how long will the 'higher for longer' narrative remain?
The US Federal Reserve held interest rates steady overnight, as was widely expected.
Fed Chair Jerome Powell made clear that the central bank is almost done raising interest rates, but his colleagues delivered the message that resonated: borrowing costs must remain higher for longer amid renewed strength in the economy.
So will rates stay higher for longer?
On Money in the Market, Hongbin Jeong speaks to Gary Dugan, CIO, Dalma Capital, to find out more.

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2 August 2023
Money in the Market: Should you still go with the equity run?
Major central banks are eyeing the end of aggressive interest rate hikes as price pressures finally show signs of abating. And equity markets are continuing to digest last week’s moves from the US Fed, the ECB and the BOJ.
So take a closer look at whether we can experience some further momentum in markets and to find out what headwinds still remain, on Money in the Market, Hongbin Jeong speaks to Gary Dugan, CIO of Dalma Capital.

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6 June 2023
Money in the Market: Will the US Federal Reserve implement another rate hike?
With US ceiling talks now done and dusted, the focus is now squarely back on the US Federal Reserve and inflation.
What is the current state of inflation in the US? And what will the US Fed's next policy move be - can we expect more tightening?
And if there is a rate hike, what would it mean for the economy and potential recession fears?
On Money in the Market, Hongbin Jeong speaks to Gary Dugan, CIO at Dalma Capital, to find out more.

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20 April 2023
Money in the Market: Are equities providing good returns?
In the first quarter, stocks, bonds, and gold all rose amid considerable volatility spurred by a banking crisis and changing interest rate environment. But does this set the tone for the rest of the year in terms of what direction markets are headed? Or is it too early to tell? On Money in the Market, Hongbin Jeong speaks to Gary Dugan, CIO of Dalma Capital, to find out more.

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18 October 2022
Money in the Market: Have markets hit bottom?
Global equity markets have seen constant declines, as investors grow increasingly fearful that more big interest rate hikes will tip economies into deep recessions, with the mood also darkened by the worsening Ukraine war and worries over China’s outlook. But have markets hit bottom yet? On Money in the Market, Gary Dugan, CEO of The Global CIO Office joins us to tell us whether markets have hit bottom and where markets are headed.

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26 August 2022
Market View: What's to come at the Jackson Hole economic symposium, US inflation picture, hedging against ongoing uncertainties
The US inflation situation continues to dominate our conversation here, especially with Federal Reserve Chair Jerome Powell set to make his comments at the Jackson Hole economic symposium later in the day. What is US inflation picture, and how will markets end the week? What strategies investors can take to hedge against the risk of further interest rate hikes? On Market View today, Prime Time's finance presenter Chua Tian Tian posed these questions with Gary Dugan, CEO of The Global CIO Office.

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12 May 2022
Market View: Do central bankers really know what they’re doing?
Do central bankers really know what they’re doing? US consumer prices in April jumped 8.3%, which was higher than expected and still running close to their 40-year high of 8.5%. Analysts are mixed on whether the data suggests inflation has hit a peak. Is the Fed moving fast and decisively enough to curb inflation? What about other central banks? In light of the recent US equity market sell-off, what will it take to curb volatility in the markets? On Market View, Prime Time's Bharati Jagdish spoke with Gary Dugan, Chief Executive Officer, The Global CIO Office to find out.

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26 April 2022
Bigger Picture: Beijing mass COVID-19 testing weighs on sentiment
Gary Dugan, CEO, The Global CIO Office, discusses how to position around Chinese markets amid fears of a Shanghai-style lockdown in Beijing.

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21 January 2022
Bigger Picture: Tech sell off spills to broader markets
Gary Dugan, CEO, The Global CIO Office, discusses if the sell off is gaining momentum and a deeper correction is in store.

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8 December 2021
Bigger Picture: Tech stocks lead market rally as Omicron fears recede
Gary Dugan, CEO, The Global CIO Office shares whether Chinese tech stocks look attractive now as Wall Street rallies for a second day led by the technology sector.

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9 November 2021
Bigger Picture: Web 3.0, Greenwashing, Whackflation & more buzzwords
Gary Dugan, CEO, The Global CIO Office discusses some of the key themes emerging from conversations at the Singapore FinTech Festival and the market chatter.

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28 September 2021
Bigger Picture: Are markets really in a bubble?
Gary Dugan, CEO, The Global CIO Office discusses how seriously to take the warnings from the full page ads run in the newspapers by a legendary Japanese investor about a market bubble, and how to position around technology equities and Chinese markets now.

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24 August 2021
Bigger Picture: Jackson Hole Preview, Chinese Markets & NFTS
Gary Dugan, CEO, The Global CIO Office discusses what investors should expect from the Fed speak this week, and why he's cutting exposure to Chinese stocks.

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4 June 2021
Bigger Picture: Biden's proposed budget, expectations on the US recovery
Gary Dugan, CEO, The CIO Office discusses key takeaways from Biden's proposed budget, expectations on US recovery, and outlook on the USD.

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4 May 2021
Bigger Picture: Expectations for the upcoming US job data
There is growing optimism in the US economy, thanks to a successful Covid-19 vaccine rollout, falling jobless claims, rising retail sales and surging PMI data.. On Bigger Picture, Gary Dugan, CEO of The Global CIO Office gives his expectations for the upcoming US job data and shares the winners and losers from the corporate Q1 earnings so far.

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5 March 2021
The Bigger Picture: Powell's dovish message & OPEC+ unchanged output
On The Bigger Picture, Gary Dugan, CEO, The Global CIO Office gives his analysis on the OPEC+ alliance surprised decision to keep output unchanged, whether the jump in bond yields could go higher and if the STI need a makeover, by following in the steps of Hang Seng Index.

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9 October 2020
Bigger Picture: Investors repositioning ahead of US Elections
Gary Dugan, CEO, The Global CIO Office discusses how investors are repositioning their portfolios ahead of the US elections, and the potential results scenarios that will impact markets.

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4 August 2020
Bigger Picture: Momentum pushing valuations higher
Gary Dugan, CEO, The Global CIO Office talks about what the improving PMI recovery picture means for markets, and if it is a sign of trouble if gold keeps pushing higher.

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12 June 2020
Bigger Picture: Time to buy on dips after Dow plunged over 1,800 points?
Gary Dugan, CEO, The Global CIO Office, shares how investors should read into the latest remarks by US Treasury Secretary Steven Mnuchin, who is pushing for the economy to re-open despite the danger of a second wave of COVID-19 cases.

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15 April 2020
Bigger Picture: Markets not pricing in enough bad news
Gary Dugan, CEO, The Global CIO Office, shares why he thinks markets have gotten ahead of themselves and his advice to clients now as earnings season gets underway.

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