In this episode, we are joined by Barry Eichengreen, Professor of Political Science and Economics at UC Berkley, to discuss the global economy and how it has changed in the past 12 weeks. Professor Eichengreen says that the path of the economic recovery will be conditioned by the public health policies, and predicts inflation to stay low in the short run. The professor talks about debt, saying that it will be a drag on economic growth, but ’there was no choice’. He also reveals whether he thinks a global financial reset coming, and talks about the currency rivals to the US dollar. Any opinions, news, research, analysis or other information does not constitute investment advice.

IG Trading the Markets

Debt crisis and the global economy with Barry Eichengreen

In this more personal interview, Jeremy Wrathall, CEO of Cornish Lithium, talks about his career, the mining industry and its direction. Wrathall sees himself as an innovator. Over 38 years into his career, he has worked in both - democracies and dictatorships. Right now, he says, the industry is shifting towards ESG and sustainability, with concerns such as carbon footprint, origins of the metals, and whether these are sourced ethnically, becoming extremely important. The CEO also talks about how the shift has forced innovation, and whether there is any government support. He says that Cornwall is likely to become the new centre of metal extraction again, as the government is levelling up the industries outside London. Wrathall also talks about his ‘family of miners’, and whether his son will continue the mining path.

CEO Stories: Jeremy Wrathall, stimulating innovation with Cornish Lithium

With shops shut and most people working from home, it is no surprise that the property sector has taken a massive hit. But as the UK government prepares to reopen the economy, will retail and commercial property go back to normal or will the impending recession spell depressed activity in the sector for a long while to come? Ben Habib, CEO at First Property Group thinks social distancing means there could be increased demand for office space, and the recession could create opportunities for his commercial investment business.

Covid-19 impact on UK property market with Ben Habib

In this personal interview, Neil Ricketts tells the story behind Versarien, which he started with a colleague from his garage in 2010. Ricketts has a life-long passion for engineering. He talks about how it all started in his childhood, and what has helped him to be 4-5 years ahead of other graduates. He talks about his first job, and the move into nanotechnology, revealing the lessons he has learned throughout the career journey. Ricketts also talks about life-work balance, his role as a father, and rugby, which he still often plays with friends.

CEO stories: Neil Ricketts, the man behind Versarien

In this episode, we are talking about gold after the price has rallied to near eight-year highs last week. We are joined by Daniel Lacalle, chief economist at Tresiss, to discuss where next for gold. Lacalle tells IGTV’s Victoria Scholar that the opportunity for gold looks more attractive for international investors using currencies other than the US dollar such as the Brazilian real or the Turkish lira. Meanwhile, he says that it does not make sense for investors to buy gold and sell silver or vice versa and that the two precious metals should be invested in side by side with the same directional view. The two also discuss the disconnect between markets and economic reality, the ‘BANG’ stocks, and what would a Covid-19 vaccine mean for gold. Any opinions, news, research, analysis or other information does not constitute investment advice.

Gold: more room to run after 7-year highs?

With GDP contracting in double-digit percentage, and high unemployment rates taking the economy into recession, the markets seem to have shaken this off. In this episode, IGTV’s Jeremy Naylor speaks with Dhaval Joshi, from BCA Research, to talk about the bounce-back we’ve seen from the mid-March lows. The two discuss the fiscal and monetary stimulus contribution to the rally, and whether it can reverse short-term, or consolidate. Joshi talks about implications for short and long-term investors and lists the risks they should beware of in their strategies. Any opinions, news, research, analysis or other information does not constitute investment advice.

Have the markets shaken off the recession?

In this week’s episode, we are looking ahead the Friday’s US jobs data release for April. The ADP private payrolls released on Wednesday showed that over 20 million jobs left the US economy, the worst number in the history of the report. The non-farm payrolls are expected as bad, with the unemployment rate at 16%. But how important is this to the markets? We are joined by DailyFX's strategist Nick Cawley, who says these numbers will be set in history books, and will never be beaten in a positive or negative way. Nevertheless, the markets have priced in the disaster. Nick also gives his outlook for the US dollar, with some levels to watch. Any opinions, news, research, analysis or other information does not constitute investment advice.

Non-farm payrolls: ‘it’s going to be ugly’ but will it move the markets?

In this episode, we’re talking about the US tech sector as technology heavyweights are reporting earnings this week, including Tesla, Facebook, Apple, Amazon, Microsoft and more. Dan Ives, head of tech research at Wedbush, gives his take on the slew of US tech earnings and shares insights into which stocks are likely to fare best in this challenging quarter, and which could outperform longer-term. Ives also talks about online sales for Apple and Amazon, and says the main focus for Tesla will be trajectory for the year and the cash burn. Any opinions, news, research, analysis or other information does not constitute investment advice.

'Tech stalwarts ready to report; sturdy ships for a dark COVID-19 storm'

In this episode, we’re looking at vaccines for COVID-19. IGTV’s Jeremy Naylor talks to IG’s Josh Warner, to talk about how far we have progressed, and how many vaccines there are in the development. Josh talks about how different pharma companies approach vaccine development, with some trying to repurpose existing drugs. The two also discuss the timeframe needed for the vaccine to be ready, and who could win the race. The challenge after the vaccine is found would be manufacturing at a large scale to satisfy the demand. Josh lists the companies to watch around the vaccine. Any opinions, news, research, analysis or other information does not constitute investment advice.

The race is on for a vaccine for COVID-19

Oil prices have slumped by about 60% since the peak in January. While OPEC+ has tried to push up prices by cutting production, the sharp slump in demand because of COVID-19 appears to be outweighing the reduction is supply. In this week’s episode we are joined by Gaurav Sharma, contributor to Forbes and ‘oiloholic’, to talk about whether the production cuts really make a difference. Sharma says OPEC+ is facing a problem in that it has ‘fired its bazooka’, but the production cut won’t address the gap if demand is not there. Sharma thinks WTI oil could fall to ‘mid to low teens’ with a bearish month ahead. Any opinions, news, research, analysis or other information does not constitute investment advice.

WTI oil could fall to ‘mid to lower teens’

If you are a yield investor it is becoming increasingly difficult to find anywhere to put your money. In this episode Jeremy Naylor talks to Simon Popple from The Brookville Capital Intelligence Report, about the opportunities. While there are still some surprises, such as the 58% dividend rise given to Tesco PLC shareholders, this is the standout in what is, otherwise, a very poor performing area of shareholder returns. Simon explains why mining stocks, in specific precious metals miners, are the broad exception. Any opinions, news, research, analysis or other information does not constitute investment advice.  

Dividends are being slashed, is there anywhere to hide?

As governments around the world try to support their strained health services, companies are doing what they can to help out. The big push is to find ways to incentivise manufacturing plants to deliver ventilators, personal protection equipment (face masks, gowns and visors) and hand sanitisers. As IG's Joshua Warner says, some are doing it at cost and others without any cost to the general public. Financial details are the top priority right now, yet some companies manage to find advantages in new business models. For example, BrewDog produces free hand sanitisers for hospitals, but with the strong BrewDog branding. Josh also talks about the production of ventilators by car manufacturers, and what challenges lie ahead. Any opinions, news, research, analysis or other information does not constitute investment advice.

How are companies changing their business models to battle coronavirus?

In this week’s episode IG's Victoria Scholar talks to Nick Cawley from Daily FX to discuss the unprecedented fiscal package announced by the US government. The stimulus will provide direct support for small and large companies hit by the outbreak, and give them measures to keep their employees, says Cawley. He compares fiscal and monetary policy and their effectiveness in fighting the economic effects of the coronavirus. He comments on whether the US economy can recover by Easter, which is what President Donald Trump is hoping for. Plus he encourages traders to trim position sizes during this current period of increased volatility. Any opinions, news, research, analysis or other information does not constitute investment advice.

Can the US $2 trillion fiscal package save the economy from coronavirus?

The bottom of the current move in the stock markets may not be too far away. Much depends on data from the outbreak of coronavirus, but if things develop as they appear to be in China, it may only cause two quarters of contraction. Dhaval Joshi, from BCA Research, tells IGTV that this may prompt a V-shaped reversal. However, Joshi also explains what the catalyst will be to turn the markets and if this is delayed, it may be that we may have to wait for another quarter. Any opinions, news, research, analysis or other information does not constitute investment advice.

How fast will the recovery come to the markets?

Chancellor Rishi Sunak unveiled a three-point plan to tackle the coronavirus amounting to a £30bn fiscal stimulus. In the 2020 UK budget the chancellor announced scrapping rates for smaller businesses, £5bn NHS emergency funding, and extending sick leave pay. IGTV’s Victoria Scholar and IG’s Josh Warner dissect the Budget from the Treasury, explaining the key takeaways and what it all means for the UK economy. The two also discuss the surprise rate cut by the Bank of England, and UK GDP figures that have missed estimates. Josh says that there will be an economic hangover even after a vaccine for coronavirus is found. Any opinions, news, research, analysis or other information does not constitute investment advice.

UK Budget 2020: £30bn package to offset the impact of COVID-19

Get exclusive insights from analysts and industry experts with IG Trading the Markets – a new podcast that covers everything from forex to stock trading, helping you to get more from the financial markets. Any opinions, news, research, analysis, prices or other information contained does not constitute investment advice.

hubhopper

IG Trading the Markets

hubhopper