After a nightmarish Spring which saw the US stock market bottoming out in April, equities are defying gravity thanks to optimism that a tariff-induced economic meltdown might be averted. Will it be enough to fuel a new record high this month?

Dan Koh invites Ray Heung, Senior Investment Strategist, Standard Chartered Bank on the Bigger Picture to discuss the investment case for US equities, how investors should be digesting news of the latest US and China dispute, and why investors might want to pay attention to long-term US bonds today.