Jamie Smith

This discussion features Jamie Smith, the FT's U.S. Energy Editor, and Leslie Hook, the FT's Natural Resources Editor. They dive into surging U.S. natural gas prices and the implications for households and industries. Smith highlights how extreme weather and LNG exports are driving costs higher. Hook warns of a potential bubble in gold and U.S. equities driven by retail investors, noting it's the first time in 50 years both markets are showing bubble-like behavior simultaneously. They also touch on the risks that might come in January.

Jamie Smith, FT U.S. Energy Editor, discusses the ramifications of Trump's sanctions on Russian oil, revealing how lower crude prices influenced this bold move. He highlights the potential disruptions to global markets, particularly if India and China reduce their Russian oil purchases. Meanwhile, Kira Nugent, FT correspondent in Buenos Aires, delves into Javier Milei's controversial economic reforms and their impact on Argentina's midterm elections. Voter sentiment swings as support ebbs for Milei amid concerns for the middle class.