Merryn Talks Money

John Stepek, a Bloomberg senior reporter and author of the Money Distilled newsletter, joins to discuss the unexpected perks of Brexit, especially in terms of tariff reductions and trade negotiation freedom. He highlights the shifting landscape of international negotiations and how the UK is maneuvering post-Brexit. They also dive into the impact of rising minimum wages in the UK, analyzing how it affects job market dynamics and graduate earnings, prompting a rethink on the true value of university degrees in today's economy.

In this insightful discussion, Professor Yolande Barnes, a leading real estate expert from University College London, explores the current climate of the UK housing market. She shares her predictions on home prices and unveils effective strategies for first-time buyers. The conversation highlights troubling oversupply risks and stark regional disparities, as London struggles while northern markets thrive. Barnes advocates for innovative housing solutions, challenging the traditional build strategy and calling for a rethinking of how homes are addressed in the UK.

Alyx Wood, Chief Investment Officer of Kernow Asset Management and expert in UK equities, shares his contrarian investment strategies. He discusses the unique opportunities in the UK market, particularly for active stock pickers. Alyx highlights his focus on medium-cap companies and specific cases like Burberry, emphasizing potential growth. The conversation also touches on the impact of activist investors and explores strategies involving gold as a hedge. Throughout, he underlines the importance of emotional resilience in navigating market fluctuations.

In this discussion, John Stepek, author of the Money Distilled newsletter and senior reporter for Bloomberg, shares his insights on Chancellor Rachel Reeves's Spring Statement. He critiques the narrow fiscal margin and argues that despite budget tweaks, genuine economic challenges persist. The conversation dives into the complexities of tax reforms, the disconnect between fiscal figures and real-world impacts, and innovative ideas like wealth taxes to stimulate growth. Humor and sharp analysis make for a fascinating take on the UK's economic landscape.

Bloomberg personal finance reporter Suzanne Woolley shares her insights on where to invest $1 million right now. She highlights intriguing strategies like focusing on European stocks, multifamily housing, and even art collecting. Discussions from a Miami Beach investment conference reveal a stark contrast between Bitcoin enthusiasts and gold supporters. The conversation also emphasizes the value of travel experiences as a fulfilling investment. With personal anecdotes and expert insights, Suzanne showcases diverse perspectives on navigating uncertain markets.

Michael Spencer, a UK billionaire and the mastermind behind ICAP and Nutshell Asset Management, breaks down modern trading strategies. He argues that the traditional buy-and-hold philosophy is outdated, emphasizing that trading costs have drastically decreased. Spencer delves into the significance of private investments and how AI can enhance decision-making. He critiques American market overvaluation while advocating for reforms in the UK to boost competitiveness. It's a fascinating take on adapting to new market dynamics!

In this week's roundup, Merryn speaks with Money Distilled newsletter author John Stepek about Chancellor Rachel Reeves's upcoming fiscal event and what it could mean for your finances. See omnystudio.com/listener for privacy information.

On this week’s personal finance edition of Merryn Talks Money, hosts Merryn Somerset Webb and John Stepek discuss a selection of reader questions.Among them are why pension planning could be different between men and women, what to consider when choosing an Individual Savings Account in the UK and why dying broke might not be such a bad idea. See omnystudio.com/listener for privacy information.

Sebastian Lyon, founder and chief investment officer of Troy Asset Management, dives into safeguarding wealth in unpredictable markets. He shares insights on the challenges faced by the UK investment trust industry due to low interest rates and offers a hopeful outlook for its recovery. Lyon discusses the nuances of American investment strategies, urging caution, while highlighting gold's enduring value against the backdrop of fluctuating economic conditions. Get ready for practical tips and a thorough exploration of investment strategies!

The great John Authers, senior markets editor and Opinion columnist at Bloomberg, joins Merryn and John Stepek for this week's roundup. He talks about his time in Frankfurt, explaining "the biggest turning point for German economic policy at least since reunification, and possibly much longer." He also points out why German companies look like good value ( "take 10 percent out of your Mag7 ETF and put it into a Stocks Industrials ETF, and that will move things very quickly") and whether Wall Street is losing hope in the 'Trump put.' Disclaimer: Merryn's audio isn't great in this episode but we'll have it fixed by next week. The Johns sound excellent. See omnystudio.com/listener for privacy information.