A new sense of style – Sound Economies with Mel & Peter, 29 October 2026
Western luxury fashion houses struggle as Chinese consumers are not buying as they used to – some now prefer to love local, causing a dip in profits. We explore changing behaviours in this episode alongside other topics: fresh capital flight out of Indonesia’s stock market, the timing of Anthropic’s Wall Street IPO, and the upcoming US midterm election.
Timestamp:
(00:00) – Episode rundown
(00:21) – Intro
(00:49) – Quick updates
(02:37) – Shifts in China’s appetite for luxury goods
(11:13) – MSCI warns Indonesia of a “standalone status” downgrade
(17:24) – Anthropic IPO in November
(21:01) – The split on the US’ upcoming midterm election
(26:43) – Our global outlook
(29:03) – Lundgreen’s Invest – High-Tech Defence Fund secures quadruple exit
“Sound Economies with Mel & Peter” is a weekly podcast where our founding CEO Peter Lundgreen and Manila-based Chief Economist for Southeast Asia and China Mel Lopez discuss what’s happening in economies around the world and their views of the global financial markets.
Tune in to this episode on Spotify, YouTube, and wherever you listen to podcasts.
