SystematicEdge

In the aftermath of Trump’s election, we discuss the main market themes in the latest SystematicEdge CIO Market Commentary: ▶️ U.S. dollar, U.S. stocks: The rally continues on Trump’s economic and fiscal policy ▶️ Bitcoin skyrockets 33% in November, close to USD 100k: En route to (virtual) Mars ▶️ Global equities: Positive on resilient growth and declining rates ▶️ The U.S. Fed and major central banks: To continue their rate cutting cycle in December and throughout 2025 ▶️ USD bond yield opportunity: USD bond yields remain elevated for now on Trump’s inflationary spending policy ▶️ Money market opportunity: Well remunerated secured deposits on strong demand for ETFs from mega asset managers For more detailed information on this, you can contact SystematicEdge or read the full December 2024 CIO market commentary here: https://bit.ly/3BjSzzj. 💡 Follow us on linkedin to get notified everytime we publish our insights. #GetTheSystematicEdge

Our team at SystematicEdge wishes all of our partners, clients and friends a wonderful holiday season with good health, happiness and prosperity. Thank you for your continued support in 2024 and we look forward to working together in 2025.

❔ How to benefit from the cycle of central bank rate cuts ❔ Bond yields remain elevated and this environment presents an opportune moment to increase active bond exposures. High interest rates can be locked for longer periods by investing cash in bonds from major Investment Grade corporations, which can provide substantial income. However, not all bonds are created equal which is why a professionally managed portfolio is critical to maximize income while preserving capital. If you want to hear more about our income yielding strategies including our Cash Management line up of solutions, contact SystematicEdge. #GetTheSystematicEdge

🎙️ A big thank you to the team at Radio Television Hong Kong (RTHK) for the warm welcome that they gave our CIO Alain Groshens. On Money Talk this morning, he and Richard Harris, hosted by the amazing Chloe Feng 馮雪, gave their perspective on recent news including the potential effects on the market due to the latest bolder stimulus signals from China. If you missed the live version this morning, you can listen to the podcast here: https://bit.ly/3VsWYqA Jeff Cheung Carolyn Wright Andrew Work #GetTheSystematicEdge

If you are wondering how to earn compelling interest on cash holdings through optimal treasury management contact us at SystematicEdge insights@systematicedge.com. #GetTheSystematicEdge

Our CIO Alain Groshens highlights the opportunity in Tech, Digital Transformation and AI thematic portfolios in the latest edition of the SystematicEdge CIO market commentary: https://bit.ly/3BjSzzj. 💡 Contact us to learn more or follow us not to miss our market insights. #GetTheSystematicEdge

💹 Gold: USD2,660 / oz up 30% YTD: In the aftermath of Trump’s election, in the SystematicEdge December CIO Market Commentary, we discuss the continued Gold rally, fueled by de-dollarization, declining global interest rates, and geopolitical unrest. In the second semester, Gold prices surged to record highs, exceeding USD 2,800/oz, driven by central bank purchases and de-dollarization trends. While there were slight declines after Trump’s election victory, sustained central bank buying and other factors like lower real interest rates and geopolitical risks are likely to support prices. These drivers indicate continued strength for gold in the coming year. For more information on current market events, you can contact SystematicEdge or read the full December 2024 CIO market commentary here: https://bit.ly/3BjSzzj . #GetTheSystematicEdge

💡 In the aftermath of Trump’s election, in the SystematicEdge December CIO Market Commentary, we discuss why there has been a wider adoption of Bitcoin by institutional investors. For more details on this subject, you can contact SystematicEdge or read the full December 2024 CIO market commentary here: https://bit.ly/3BjSzzj #GetTheSystematicEdge

December 10th is a day to mark in your calendars! Our CEO, Alain Groshens, will be a guest on Radio Television Hong Kong (RTHK), Radio 3, Money Talk at 8:10am sharp. Please join him live if you can. If you can't not to worry, we will post the link to the show on our company linkedin page afterwards. Tune in to hear Alain share his expert view on current market events and what that might mean for investors. For those of you not following our company page, please do so now not to miss out on this and other SystematicEdge news! #GetTheSystematicEdge

In the SystematicEdge November CIO Market Commentary special U.S. Election edition, we discuss how Trump’s economic policies are unlikely to derail the resilient global growth in the short term, underpinned by rate cuts and declining inflation in major economic regions. Other global macro trends to watch: ▶️ In the U.S.: Trump’s new presidential administration benefits from a strong economy The Trump administration is likely to face an economy with stabilizing growth around 3% and moderating inflation at 2.4%, although price levels remain challenging for many. Unemployment has risen modestly but remains historically low, and the Fed is expected to gradually ease interest rates to a neutral stance. Nonetheless, fiscal deficits are projected to remain high in the coming years. ▶️ In Europe: Bracing for additional tariffs on goods exported to the U.S. Monetary policy is loosening, but consumer caution is slowing the pace of recovery as savings take precedence over spending. In October, the European Central Bank (ECB) implemented a 25-basis-point rate cut, marking its third reduction this year due to concerns over weak economic momentum in the region. ▶️ In China: New fiscal stimulus expected amid Trump’s promise to increase tariffs on Chinese exports to the U.S. China's October Purchasing Managers’ Index (PMI) showed broad-based improvement, with manufacturing returning to expansion, likely due to recent government support measures. Production and new orders grew, particularly in equipment, electric machinery, and auto sectors, while import orders reached a three-month high, suggesting stronger domestic demand. However, Trump’s election and his promise to increase tariffs on Chinese exports to the U.S. to 60% could slow China’s economic recovery. In response, additional fiscal stimulus measures are expected from the National People's Congress (NPC) meeting held on 4-8 November. For more detailed information on how the election results might impact financial markets, your investment portfolio or your cross-border business’ currency risk, you can read the full November 2024 CIO market commentary here: https://bit.ly/4epqVyq #GetTheSystematicEdge