28 September 2022
Market View: S&P 500 registering a new closing low for 2022, British Sterling’s reaction to UK’s tax cuts, Asset managers reassessing exposure to China
It’s been a rather painful week for markets so far, as investors mull the risks of a recession amid interest rate hikes by major central banks around the world last week.

In the US, the broad-based S&P 500, for one, registered a new closing low for 2022, while the Dow slipped into a bear market earlier this week. Away from the US, the British Sterling hit a record low earlier this week, after the new UK government announced its so-called ‘mini-budget’ to spur the economy, risking further price increases, and higher interest rates. So where are markets in the US likely to go in the near term? Does the UK government know where it wants to go with the mini-budget, and where will the pound move going forward? On Market View, Prime Time’s Finance Presenter Chua Tian Tian posed these questions to Robert Hoffman, Head of Investment Counsellors, South Asia, Citi Private Bank to find out.

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Listen to his previous podcasts:

22 February 2022
Money & Me: Market reactions to the Ukraine crisis and how interest rate hikes shape your portfolio decisions
How will the Ukraine crisis and the Fed raising interest rates to cope with rising inflation influence your portfolio? Michelle Martin gets a read from Robert Hoffman, Head of Investment Counsellors, Citi Private Bank in South Asia.

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6 December 2021
Bigger Picture: Banking on healthcare, digitization & data defence
Robert Hoffman, Head of Investment Counselors, South Asia, Citi Private Bank discusses how investors can seek outperformance post-pandemic.

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