Ian Smith

Ian Smith, Senior Markets Correspondent at the Financial Times, joins Katie Martin and Robert Armstrong to dissect the surprisingly robust US stock market of 2025 and its outlook for 2026. They discuss how corporate earnings and AI advancements fueled gains, while also exploring the geopolitical influences like Trump’s tariff backtracking. Risks abound, from a potential AI bubble to inflation resurfacing. Ian humorously shorts K-pop Demon Hunters, contrasting it with value stocks, as they all ponder the implications of market consensus and investor sentiment.

Ian Smith, Senior markets correspondent at the Financial Times, and Nick Files, their Australia and Pacific correspondent, dive into Australia's groundbreaking social media ban for kids under 16. They discuss the government's motivations, including concerns over addiction and bullying. Nick shares a powerful personal story that fueled the push for reform. They also explore potential consequences for tech companies and whether this legislation could inspire similar measures in other countries, making Australia a potential trendsetter.

Ian Smith, a senior markets reporter at the Financial Times, joins for a lively discussion on the dollar's struggle this year, marking its worst performance since 1973. They delve into the surprising impacts of trade policies on investor confidence and the shifting attitudes towards currency hedging. The conversation also touches on the U.S. national debt and its effect on monetary credibility. Plus, they explore market fluctuations, rising fuel prices, and even share their intriguing thoughts on forensic accountants and wealthy tennis players.

Ian Smith, a Senior Markets Correspondent at the Financial Times, dives into the intricacies of bond markets and public finance. He unpacks the UK’s latest budget and its implications for global fiscal strategies. They discuss why gilt markets remained stable despite chaos, the ramifications of the OBR mishap, and the risks of future fiscal consolidation. Ian also highlights a shift towards shorter-term debt issuance, emphasizing political risks that could sway investor confidence, all while playfully debating seasonal treats and cats.

Ian Smith, a Financial Times reporter specializing in markets, joins the conversation to unveil the shift from U.S. investments towards Europe. He delves into the reasons behind this trend, highlighting rising political risks and the decline of the S&P 500. The discussion touches on the growing preference for European assets among institutional investors, the intriguing dynamics of currency hedging, and the implications for the dollar's future. Smith also adds a playful twist by exploring asset allocation strategies and economic sentiment.