Markets Happy Hour Podcast with Aoifinn Devitt

In today’s Markets Happy Hour podcast we reflect on more bumper earnings from tech stocks, discuss the semi-conductor sector that is making huge strides as demand seems to be totally inelastic and in fact growing, despite price rises. We ask whether it will soon be time to “sell in May and go away”? Starting with inflation it is interesting to reflect on how much sentiment and expectations affect the ultimate outcome – in Japan for...

In this week's Markets Happy Hour Podcast we are joined with Dr. David Kelly of J P Morgan Asset Management. Both of us are delicately negotiating stairs based on having run Monday's Boston Marathon, so we share our race experiences and - naturally - relate them to some of our market observations. The first of these is - "Beware the Downhill" - the Boston marathon is notorious for its long downhill section at the beginning and for ...

For today's Markets Happy Hour Podcast we gathered our first Salon together in London with six opinionated guests - for a fantastic discussion from AI to geopolitics to the UK real estate market. We had bulls and bears present, and cycled through our usual topics of inflation, interest rates, equity markets geopolitics and other asset classes.

With the title "Paying it Forwards" we discussed consumers bringing forward expenditu...

In today's Markets Happy Hour Podcast we talk about two sorts of ships passing in the night - the ships that are stalled, or slowly passing through the Strait of Hormuz, as well as the Artemis II mission that will be shortly returning to earth - a symbol of persistent technological progress and pace towards a new frontier in energy extraction.

Markets have come down to earth too as geopolitical risk has increased although since...

In this week’s Markets Happy Hour podcast we are joined by special guest Christian Abuide, Christian brings an international perspective to our discussion, with more than 20 years’ experience managing multi-asset portfolios and asset allocation strategy for private and institutional clients.

He is the former Head of Asset Allocation at Lombard Odier, where he chaired the firm’s Global Investment Committee with responsibility for...

In today’s markets happy hour podcast we host a group of investors in Washington DC, with representation across public funds, the buy side and industry bodies representing LPs and their interests.

We start with our usual examination of inflation, and clearly the stealth mode and creep of service inflation as well as rising wages are continuing to press upon the consumer, while the stark spike in the oil price has now reached a c...

In this week’s Markets Happy Hour Podcast we are joined by special guest Richard Tomlinson, CIO of Local Pensions Partnership Investments, who brings a strong institutional investing lens to our discussion today.

We obviously can’t discuss market events without the oil price moves as a starting point, and we start there, noting that the situation remains very fluid with prices spiking past $110 per barrel today. Equity markets a...

In today's Markets Happy Hour Podcast we start "happy hour" early on Thursday morning, which is an essential disclosure - given the pace of newsflow affecting market expectations and trends in real time. We kick off with a discussion of the oil price shocks, and how oil has now for some months been the marginal responder to geopolitical news. We illustrate how much it moved in one day alone in response to a (later rebutted) asserti...

We were delighted to be back in NYC for our second live podcast - joined by 25+ year veteran Jai Jacob. Jai overseas multi-asset and equity strategies and has built platforms that translate data science into practical portfolio decision. He speaks on modernization, customization and disciplined investment process in evolving markets.

This special live podcast digs deeply into AI and investing, and Jai strips the discipline of ...

In today’s Markets Happy Hour Podcast we discuss the unfolding geopolitical events that are impacting markets and are joined by special guest Ryan Boothroyd. Ryan is Head of External Manager Research at Border to Coast Pensions Partnership a pool of over £100bn which manages the assets of 18 UK local government pension funds. He is responsible for the management of over £20bn of funds across equities and credit.

Our conversati...

In this week's Markets Happy Hour we discuss the long winter that has descended on the East Coast of the US and the ongoing chill and flurries of anxiety and activity that we are experiencing in markets. We suggest with the new injection of volatility in the aftermath of the US Supreme Court striking down the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) are in at 6:3 decision. This uncertainty is co...

In this week’s Markets Happy Hour Podcast we deal with the inundation – both literal and metaphorical that markets and populations are contending with this week – whether the flooding of the zone with newsflow and the actual inundation with rain and snow and parts of Europe.

We kick off with apparent evidence that inflation continues to ease – particularly in the case of the service component which is now lower.

This could, ...

In this week's Markets Happy Hour Podcast we ask where is the love? As Valentine's Day approaches, it seems that consumers, and investors themselves are not displaying a whole lot of love for the AI and tech stocks of which they had been quite enamored not long ago. There is, similarly, a bit of a shift away not only from them but also the US as a market, as other markets such as Japan and Europe start to show their relative streng...

In today's Markets Happy Hour Podcast we digest another busy week of market movements, economic data, momentum shifts and shifting expectations. We start with the surprisingly low (and under control) inflation data from Europe, where Eurozone inflation came in at 1.7%. This has led to the ECB maintaining rates on hold and Christine Lagarde suggesting that the Eurozone is in a “good place” (at least with respect to inflation), and s...

In this week's Markets Happy Hour Podcast we cover the post-Davos week, which, as is now typical has been filled with newsflow, most recently chatter regarding the pending appointment of the next Fed Chair. As we go to print it seems likely to be Kevin Warsh - a current Fed Governor, one of the youngest, and considered to be an "orthodox" pick, given his existing reputation as a Fed Governor and expectation that he will not be nece...

In today's Markets Happy Hour Podcast we conduct a "review" of the drama (and at times melodrama) that has played out at Davos this year, and digest what it has meant for markets.

We are joined by CIO and founder of Vistamark and former CIO of the consulting firm Fiducient - Matt Rice, who works with institutional investors and shares his insights on market dynamics and portfolio construction. Starting at our usual starting poi...

We started the year with some chilly weather, some American football inspired blocking and tackling and a tech challenged yet warmly engaging live podcast in New York. The video and slides will follow next week, but for now please enjoy the audio.

In front of a live audience we discussed the inflation picture, the delayed transmission effect of tariffs and the ongoing disconnect with consumer's price experience on the ground. W...