In the first half of 2023, we’ve witnessed a slowdown in the global economy, a regional banking crisis in the US, and a disappointing reopening of the Chinese economy.

But financial markets have shown resilience despite all those events. 

In fact, the S&P 500 has performed well, primarily driven by large-cap technology stocks and investor interest in artificial intelligence related stocks.

On Money in the Market, Hongbin Jeong speaks to Laurent Lequeu, Head of Portfolio Management & Research at Lumen Capital Investor, to find out more about how the first half was like for the financial markets and what we can expect for the second half of the year.

 

Highlights:

00:53 - How did financial markets fare in the first half of the year?
01:38 - What was the performance of equities primarily driven by?
05:06 - What factors could affect the market from seeing a further rally? 
05:40 - What's the outlook for the second half of the year?
07:11 - How should investors allocate their portfolios to protect themselves from further risks that may come in the coming months? 

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