Fed Chairman Jerome Powell’s impact on markets

Jerome Powell warned yesterday that the “the ultimate level of interest rates is likely to be higher than previously anticipated”, which set in motion a sell-off in stocks and bonds and saw the dollar stage a rally. Asia (ex Japan) followed suit with the added downward impetus of a more-modest-than-expected China growth target. Equity strategist Leonardo Pellandini joins the show to explain why healthcare stocks deserve their ‘Overweight’ rating.00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)03:40 Overweight healthcare stocks by Leonardo Pellandini (Equity Strategy)07:00 Closing remarks by Bernadette Anderko (Investment Writing)