Merryn Talks Money

Daniel Rasmussen, founder of Verdad Advisers and author of The Humble Investor, delves into the unpredictability of market forecasts and the often misguided dependence on them. He argues for selling US tech stocks and highlights the compelling potential of Polish small caps. The conversation uncovers the complex dynamics of AI investments and market volatility, while emphasizing the importance of behavioral economics. Rasmussen also critiques private equity’s reliance on debt, advocating for a more discerning approach to investing.

Join Marcus Ashworth, a Bloomberg Opinion columnist and market guru, as he dives into the surprising upswing of the UK economy. He discusses the implications of positive GDP figures and why government spending is crucial. The conversation shifts to the housing market, identifying challenges like stagnating prices and repossession worries. Ashworth also analyzes corporate debt dynamics and highlights investment strategies focused on tax efficiency amid current financial uncertainties. This insightful chat is packed with expert perspectives!

Kallum Pickering, Chief Economist at Peel Hunt, dives into the contentious debate over the relationship between net zero ambitions and UK economic growth. He challenges the prevailing belief that these goals are compatible, suggesting that declining electricity availability may be stifling productivity and GDP. The conversation also explores the rise of AI's role in industrial productivity and the urgent need for energy security as demand grows. Pickering urges a reevaluation of energy policies to support both economic growth and sustainability.

Join Marcus Ashworth, a Bloomberg Opinion columnist and market expert, as he dives into the escalating tariff war between the U.S. and Switzerland. He ingeniously unpacks the implications of defense contracts and pricing issues. The discussion also touches on the significant UK fiscal blackhole and critiques current policies. Ashworth explores the political stakes of tariffs, particularly their potential influence on upcoming elections and voter demographics, alongside insights on the precarious future of key political figures.

Stéphane Boujnah, CEO of Euronext, shares insights on the shifting tides of global investment as capital moves from the U.S. to Europe. He discusses the increasing stability of Europe's institutional framework and its appeal to investors. Boujnah highlights the growing concerns about U.S. economic stability and the impact of geopolitical changes. He also touches on the necessary alignment of financial resources with defense spending and offers a cautious perspective on the transformative potential of AI and cryptocurrency in the market.

Marcus Ashworth, a Bloomberg Opinion columnist and markets guru, joins to dissect the recent US-EU tariff deal, which he argues has positive implications for both sides. The discussion highlights how tariffs can reshape corporate taxes without congressional interference. Ashworth also tackles the contentious exchange between Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey, shedding light on current UK consumer sentiment amidst economic tensions. Expect insights on navigating the complex trade dynamics impacting Europe and beyond.

Paula Higgins, CEO of HomeOwners Alliance, advocates for homeowners with insightful advice on UK housing. She dives into the pros and cons of investing in retirement apartments, emphasizing the need for critical evaluation due to high costs and declining resale values. The discussion also demystifies house auctions, highlighting essential legal diligence and buyer protections to navigate risks. Additionally, Paula touches on current market challenges, shedding light on shifts in homeowner sentiment and renovation trends.

Tom Slater, the Scottish Mortgage Manager with over two decades of experience, discusses the importance of long-term investment strategies. He delves into navigating the ever-changing branding amidst market fluctuations, including the impact of COVID-19. Slater highlights the growth potential of luxury brands like Ferrari and Hermes, while also tackling the complexities of investing in China's tech landscape. The conversation shifts to the future job market in an AI-driven world, stressing the need for STEM education and understanding AI's limitations.

Hosts dive into the current downturn in UK house prices, discussing record drops and the widening gap between asking and achieved values. They highlight significant declines in central London, where premium properties have plummeted over 20% since 2014 due to various economic pressures. The impact of rising interest rates is assessed, especially for American buyers facing hefty stamp duty. Additionally, discussions on the effects of build cost inflation reveal challenges in post-Covid home renovations in market-saturated areas.

Discover savvy strategies for saving money on your summer getaway! The hosts unveil common financial mistakes travelers make and share personal stories to enhance your travel experience. Learn about effective currency exchange methods and avoid costly airport fees. Enjoy humorous anecdotes from Athens and Paris that illustrate unique payment practices and tips for leftover foreign currency. Finally, find smart spending tips that help you balance fun and financial responsibility while vacationing.