Merryn Talks Money

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.

Nataliia Lipikhina, the head of EMEA equity strategy at J.P. Morgan Private Bank, shares her insights on the complex landscape of US equities. Though the markets seem pricey, she argues for maintaining a strong allocation. The conversation dives into the resilience of the tech sector, driven by AI advancements, and the case for international diversification. Nataliia also highlights India's growth potential and the importance of a well-rounded portfolio, incorporating traditional assets and alternatives like cryptocurrencies.

Morwenna Coniam, part of the Bloomberg UK Markets Today team, dives into the surprising rise of UK inflation to 3.6% and its implications for the Bank of England. She discusses Chancellor Rachel Reeves' Mansion House speech and the ongoing debate around Cash ISAs. The conversation also highlights Bitcoin's recent surge during 'Crypto Week' in the U.S., examining its potential as a risk asset and the evolving UK investment landscape, including the roles of pension funds and long-term wealth strategies.

John Webb, Senior Consumer Affairs Manager at Experian, dives deep into the world of credit scores. He breaks down how scores are calculated and the factors influencing them, especially for young adults. Listeners discover how credit scores impact mortgage rates and learn valuable tactics for improving their scores. Webb emphasizes the importance of responsible financial practices and the significance of protecting one’s financial identity from unauthorized access. Tune in for essential insights to shape your financial future!

Evy Hambro, Head of thematic investing at BlackRock, and Nicky Shiels, Head of metals strategy at MKS PAMP, delve into the rising importance of mining in the global economy. They emphasize commodities' critical role amidst technological shifts and energy transitions. The duo discusses the surge in demand for precious metals like gold, particularly in light of geopolitical tensions and inflation. They also explore investment strategies in metals, including rare earth elements, and the evolving dynamics between Bitcoin and gold in modern portfolios.