In this podcast episode, Michael Hewson and Michael Brown discuss the current state of the markets, focusing on risk appetite, earnings reports from major companies, and the implications of trade relations and tariffs. They analyze the performance of Netflix, Tesla, Boeing, Reckitt Benkiser, Unilever, and UK banks, while also delving into the tech sector's earnings and the pharmaceutical industry's challenges. The conversation wraps up with insights on currency movements and predictions for the market's future direction.

Podcast sponsored by Pepperstone

Chapters

00:00 Market Overview and Risk Appetite

03:02 Earnings Season Insights

09:01 Netflix's Performance and Market Position

12:30 Tesla's Earnings and Market Reactions

14:39 Boeing's Recovery and Future Outlook

18:59 Consumer Goods Earnings: Unilever and Reckitt Benckiser

22:49 Looking Ahead: Economic Indicators and Market Predictions

28:59 BP's Strategic Shift and Challenges

30:49 Banking Sector Resilience Amidst Volatility

34:58 Pharmaceutical Industry Dynamics and Drug Pricing

39:41 Retail Sector Insights: Primark and Associated British Foods

42:41 Travis Perkins: Struggles and Future Outlook

44:12 Big Tech Earnings: Cloud Growth and AI Investments

52:46 Market Sentiment and Currency Dynamics