In this episode, Michael Brown, the Chief Market Analyst from the podcast sponsor Pepperstone and I talk about Black Friday discounts on US and UK stocks, investment trust.
We also look at the wider economic outlook and back at what this week’s results from Kingfisher (KGF) and easyJet (EZJ) tell us about the UK economy.
Looking ahead to next week the key focus is on the US payrolls report, and how that could influence the prospect of a US rate cut at the next meeting, as well as looking ahead to results from another high street retailer Frasers Group (FRAS) .
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Key talking points:
- The FTSE is showing signs of recovery, driven by UK factors.
- Investment trusts trading at discounts may offer value.
- UK stocks like Jet2 are under scrutiny for growth potential.
- US stocks like Moderna face uncertainty with new administration.
- Political rhetoric can significantly impact consumer sentiment.
- Mergers and acquisitions are increasing in the UK market.
- Employment data is crucial for understanding economic health.
- Retail sector is facing challenges due to consumer spending habits.
- Housing market outlook is tied to government policies.
- Economic indicators suggest a cautious approach moving forward.
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
