Market Maker

Topics discussed in this episode

Unprecedented Emergency Action: The Bank of England to purchase £80bn long-dated UK Government Bonds to save the Pension industry – But why did they do this, and will it work?

UK Government bond yields spike above 5% in one of the largest market moves in history as traders panic over the sustainability of UK debt – Are these fears rational and where do yields go from here

What is Liability Driven Investment (LDI) and how did It nearly break the UK bond markets this week?

UK Pension funds driven to panic bond selling to cover interest rate swap margin calls. And, what are interest rate swaps anyway?

We lift the bonnet on this week’s Porsche IPO. Was it successful, was it priced correctly, how did the suspect Governance issues result in a discounted share price and what does it mean for Porsche’s future?

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Connect with Piers https://www.linkedin.com/in/pierscurran/

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This week, we discuss why the Great British Pound continues to get hammered. From the split amongst policymakers at the Bank of England to the government setting out the most radical package of tax cuts since 1972. Has the probability of parity against the US dollar become more likely?

We also review the latest interest rate announcement from the US central bank and explain why the news was so negative for stocks on Wall Street, examine the decision by the Japanese authorities to intervene in their currency, and ask the question of whether the move by Credit Suisse to split up its investment bank will work.

But the biggest news of all, we reveal our top 3 trading films of all time! 

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Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/

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The UK chancellor is reportedly planning to scrap caps on bankers’ bonuses in a move to attract more talent to the City of London. Find out why the government is doing this and how investment banks manage bonus season.

We review this week's US CPI report which acted as a trigger for the Dow to close down more than 1,200 points, marking the worst day so far this year. Why was the move so aggressive and will the Fed now hike 100bps at next week's meeting?

Piers also shares Goldman's four important signals to look for when attempting to buy the dip and we both share one lasting memory of working during the Lehman Brothers collapse to mark the 14th anniversary of one of the most significant moments in stock market history.

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Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/

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The founder of the outdoor clothing company, Patagonia, has given away 100% ownership of the $3bn company to help fight climate change. 

Yvon Chouinard, the mountain climber, and unlikely business leader has always placed the planet as the company’s most important stakeholder, committing to give 1% of sales to fight climate change, and embarking on an extensive worn-wear campaign. 

Today’s announcement, which sees 100% of the company’s ownership, and profits, irrevocably dedicated to fighting climate change, illustrates Chouinard’s long-standing commitment to protecting the environment through the legacy of Patagonia.

In this short episode, Stephen joins me to explain more background to this incredible story!

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Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

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Earlier this week, TV personality and business women Kim Kardashian launched her own private equity firm SKKY Partners with the help of Jay Sammons, a former employee at investment firm The Carlyle Group.

Piers and I use this deal to help explain the role that private equity plays in finance, how the industry works and the difference between P.E and venture capital.

On the macro front, we take a look at why stocks are set for their first weekly rise in a month despite the continued tightening of central bank policy and examine the impact of the estimated £150bn energy package announced by the new UK Prime Minister Liz Truss.

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Free Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator

Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/ 

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The UK economy is facing one of its toughest economic periods in history. 

A looming threat of a recession, acute dependence on foreign capital, soaring debt costs, and the rising likelihood that the Bank of England’s independence will be scrutinised under the new Tory leadership have all led to the demise of the Great British Pound.

But how low will the currency go and is there a possibility of it reaching parity against the US Dollar?

In this episode, we also look at the history of currency interventions as the Japanese Yen hit a fresh 24-year low this week reigniting chatter on the likelihood that officials will intervene to support the currency and what to expect at the ECB meeting next week.

The final talking point is reserved for some stock news, as we look at why quant firms are suddenly interested in Warren Buffett's Berkshire Hathaway.

Email Stephen [email protected]

Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/

Daily newsletter https://amplifyme.com/market-maker

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Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/ 

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In this breaking news episode, I summaries the main take home points from the highly anticipated speech from the Fed Chairman Jerome Powell at the Jackson Hole symposium. 

Find out what were the three main comments, how the market reacted and what does this mean for the September FOMC meeting.

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In this episode, we focus on the increasing economic challenges being felt in China, who earlier this week surprised the market and cut interest rates for the first time since the beginning of the year. We look at why things are so bad and what might happen next.

Next, we turn our attention to the return of the meme stock craze with reports suggesting that short sellers have lost an estimated $1.65bn in this month alone. But what exactly is a 'short squeeze' and a 'call option' and who the hell is Jake Freeman, the 20-year-old college student who made $110mn trading Bed Bath & Beyond!

As ever, you can also expect the regular wrap-up of this week's major stories from Warren Buffett increasing his stake in Apple to Elon Musk briefly causing a 17% spike in Man United shares.

Daily newsletter https://amplifyme.com/market-maker

Free Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator

Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/ 

Hosted on Acast. See acast.com/privacy for more information.

In this episode, I go toe to toe with Head of Trading Piers Curran as we put forward our bull and bear case scenarios for the direction of US stocks

We also run through some of the major headlines in global markets this week:

- What does the drop in US CPI mean for the Fed?

- The impact of US gasoline prices dropping back below $4

- How impactful is the US Inflation Reduction Act?

- What next for the UK as the economy contracts in Q2

- Why the Druzhba pipeline is something you should know about!

- Elon Musk and another giant share sale

- Disney+ edges past Netflix but can the magic last?

- Pfizer is to buy Global Blood Therapeutics in a $5.4bn deal

- The main event: Bull vs Bear debate

Daily newsletter https://amplifyme.com/market-maker

Free Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator

Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Connect with Piers https://www.linkedin.com/in/pierscurran/ 

Hosted on Acast. See acast.com/privacy for more information.

In this episode, I fly solo recapping some of the major stories in markets this week.

I take a look at why the Pound fell after the Bank of England delivered its largest rate rise since 1995, what the world's largest asset manager has to do with the crypto exchange Coinbase, and the implications of US House Speaker Nancy Pelosi visiting Taipei this week.

Daily newsletter https://amplifyme.com/market-maker

Take a Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator

Connect with Anthony https://www.linkedin.com/in/anthonycheung10/

Hosted on Acast. See acast.com/privacy for more information.