In another packed episode Michael Brown (Senior Market Strategist from Pepperstone) and I look back at this week’s sharp rise in bond yields and the downgrade of the US credit rating as well as discussing this week’s UK economic numbers. We also look at this weeks results from Marks & Spencer, easyJet, BT and Vodafone and look ahead to Nvidia earnings.
Key takeaways:
- The US credit downgrade by Moody’s is not a surprise.
- Market reactions to the downgrade are exaggerated.
- Bond market volatility is a concern for global economies.
- UK inflation trends are influenced by various factors.
- Retail sales have shown resilience despite economic challenges.
- Corporate earnings reports reveal mixed performance across sectors.
- Cybersecurity threats are increasingly sophisticated for retailers.
- Vodafone’s financial struggles highlight market concerns.
- BT Group’s performance reflects confidence in its strategy.
- Nvidia’s upcoming earnings are highly anticipated but face high expectations.
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
