In another packed episode Michael Brown (Senior Market Strategist from Pepperstone) and I look back at this week’s chatter around tariffs and whether Trump will get around the US court injunction on his Liberation Day tariffs. We also talk Nvidia and Kingfisher results as well as looking ahead to the ECB rate decision and US non-farm payrolls.
Key Takeaways
- Trade tensions are resurfacing with new tariffs announced.
- The US court ruling on tariffs has not changed the underlying issues.
- The Federal Reserve faces challenges with inflation and economic growth.
- Jobless claims are rising, indicating a potential softening labor market.
- Retail performance shows resilience despite economic uncertainties.
- Nvidia’s earnings reflect strong demand in the AI sector.
- The ECB’s monetary policy is struggling to stimulate growth effectively.
- UK economic indicators show mixed signals amidst rising costs.
- Market reactions are often driven by headlines rather than fundamentals.
- Broadcom’s upcoming earnings are highly anticipated following Nvidia’s success.
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
