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Week Ending 23/05/2025 - What losing control of the bond market looks like

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Manage episode 484360473 series 3525017
Content provided by Progressive Equity Research Ltd and Progressive Equity Research. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Progressive Equity Research Ltd and Progressive Equity Research or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This week, Gareth and Jeremy discuss Moody's downgrade of US debt, Donald's Big Beautiful Bill (yes, that is what it is called), and the bond vigilantes' work at the long end of the yield curve. Jeremy discusses Japan's special place in all this and wonders how the world's monetary authorities can put the long-term inflation genie back in the bottle.

In the UK, inflation and government borrowing were higher than expected, making it a bad week for Rachel Reeves. But at least we have rejoined the EU (well, agreed to agree with them about a few things).

Despite all this, the UK market remained in a decent mood with small and mid-cap stocks outperforming large-cap stocks.

Gareth discusses updates and results from Forterra, IDOX and SDI Group.

Next week, some US Q1 GDP data is widely expected to show a sharp decline in activity.

However, investors' main focus is likely to remain on the long end of the bond market and how to avoid the impact of FX and bond volatility.

Brought to you by Progressive Equity.

  continue reading

123 episodes

Artwork
iconShare
 
Manage episode 484360473 series 3525017
Content provided by Progressive Equity Research Ltd and Progressive Equity Research. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Progressive Equity Research Ltd and Progressive Equity Research or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

This week, Gareth and Jeremy discuss Moody's downgrade of US debt, Donald's Big Beautiful Bill (yes, that is what it is called), and the bond vigilantes' work at the long end of the yield curve. Jeremy discusses Japan's special place in all this and wonders how the world's monetary authorities can put the long-term inflation genie back in the bottle.

In the UK, inflation and government borrowing were higher than expected, making it a bad week for Rachel Reeves. But at least we have rejoined the EU (well, agreed to agree with them about a few things).

Despite all this, the UK market remained in a decent mood with small and mid-cap stocks outperforming large-cap stocks.

Gareth discusses updates and results from Forterra, IDOX and SDI Group.

Next week, some US Q1 GDP data is widely expected to show a sharp decline in activity.

However, investors' main focus is likely to remain on the long end of the bond market and how to avoid the impact of FX and bond volatility.

Brought to you by Progressive Equity.

  continue reading

123 episodes

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