Takeaways
- Banks have shown strong performance in 2024, but concerns remain for 2025.
- Lloyd’s share price has faced significant volatility due to market conditions.
- The UK economy may be heading towards a minor recession, with risks of stagflation.
- High inflation continues to be a challenge for UK consumers and businesses.
- Electricity prices in the UK remain the highest in Europe despite lower oil prices.
- Harbor Energy is shifting focus away from the UK due to unfavorable tax conditions.
- Marks and Spencer has emerged as a standout performer in retail.
- Next has demonstrated resilience and appears recession-proof.
- Retailers are navigating a challenging landscape with mixed results.
- Consumer discretionary spending is likely to be cut first in economic downturns.
Michael Hewson has over 30 years of experience in the financial markets and brings a wealth of expertise and a passion for stock market analysis to the Good Money Guide podcast. As the former Chief Market Analyst at CMC Markets, Michael led a talented team of in-house analysts, providing daily insights, research, and market commentary to both retail and institutional investors and traders, as well as being regulatory featured on the mainstream financial media worldwide like the BBC and Bloomberg.
Michael is renowned for delivering award-winning forecasts and timely, accurate analysis and was nominated twice in the City AM Award category of “Analyst of the Year” in 2019, and 2021, receiving a high commendation in 2019 for the coverage of Uber and Lyft IPOs and predicting that the Fed would cut rates that year.
Michael is committed to empowering traders and investors. With prestigious MSTA and CFTe credentials, he has been honored by CityAM, the Professional Trader Awards, and FXWeek for his contributions to the industry. His extensive media experience, spanning TV, radio, online, and live events, has made him a respected educator, dedicated to helping audiences make confident, informed decisions.
You can contact Michael on michael@goodmoneyguide.com
