Sentiment is everything!

Show notes

Sentiment is everything. Last week, strong US earnings couldn’t lift stocks — even lower yields failed to spark appetite. This week, things flipped: TSMC’s slowing sales didn’t stop its shares from rising, Nvidia jumped nearly 6%, and the S& 500 rallied 1.5%. It’s not about data — it’s about mood. Investors are reading headlines through the lens of US political drama, data drought and Fed uncertainty. Even gold is acting like a meme stock, rallying 3% despite risk rally and higher yields. As the US government reopens, a flood of delayed data will test whether inflation is cooling and if the Fed will finally cut rates in December. Until then, markets are running on vibes — not numbers.

Listen to find out more!

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025.