Give me one moment. Thank you. Hello, hello, can everyone hear me?
Give me a heart if you can hear me.
My internet just crashed out for a second there. Thank you. Just trying to get everyone back on here. Hey, hey, Minx, are you looking at anything particularly in the markets today? Thank you. Can you guys hear me?
Give me a heart if you can. Thank you. for a second can you hear me
yeah we can hear you awesome um so it's just wrapping up really the show
um i want to thank all the guest speakers really for attending today. And I think we are leaving off on some risk areas in Europe and some names to look out for where we can have some potential growth was like in the defense sector and then the auto sector was your risk to sort of avoid
looking in. I think they were actually hit with a massive tariff which is sort of what we were
trying to cover as well on the latest half of our show here. Did you have anything else you
would like to cover on the markets there, Forex?
No, apart from obviously what's going on in the US,
I think another risk is probably the UK into next year,
following all the budget stuff, growth not doing too well as well,
employment not doing too well.
I think there's a risk that the Bank of England are forced to cut quicker than the market's expecting.
So just something for any pound traders out there to keep an eye on. that the Bank of England are forced to cut quicker than the market's expecting so just
something for any pound traders out there to keep an eye on. Do you think the UK left it too late to
cut? I think they've been right I mean you could always say that the the Bank of England's always
behind the curve they've been a similar situation to the US. Inflation is still very sticky and the jobs market is softening.
And so it's a bit of a trade off between do they cut for the economy
or do they hold for inflation?
But I think the economy is going to potentially show
what might happen in the US with the same balance that jobs will start being lost.
The economy will weaken and that will naturally bring this inflation with it.
And then I think the Bank of England are probably going to have to do a bit of catch up.
I think we've already seen that in the UK, we have a lot of job cuts already.
I think, was it November or October,
was probably one of the increase in 5% in unemployment rate if i'm not mistaken um and i
think ai is a big factor in that and what are your thoughts on that in terms of uh you know companies
growing or not growing i think if you read a lot of the reports from business surveys from the pmis
the main reason has been this hike in wage costs, national insurance costs,
down to the various budgets. So I think that's a bigger pressure at the moment, rather than AI.
But, you know, that's going to be a secondary hit to a lot of economies when that really kicks in.
And if they think productivity is low at the moment, it's not going to get any better with AI.
If they think productivity is low at the moment, it's not going to get any better with AI.
Yeah, absolutely. What do you think the UK economy particularly could do more of to help us grow here?
I feel like we're very stagnant in so many years, especially since COVID as well.
Yeah, absolutely. It's very strange because we are usually a nation that, you know, we can put our best foot forward and we know how to make
things work. But it just seems that you can blame government. And that's not just a Labour thing,
that's a Conservative thing. They just haven't, all policies have been reactive policies. There's
been no great investment policies. And I think, you know, look at Japan, everyone was in a panic
because Takechi was going to do this big fiscal plan
which he's done but it's targeted at growth and we have a we've just come out of a budget
not one single growth measure in it so how can you grow an economy how can you give people
confidence when when your government finances are not backing that up and I think that's the
big issue how we turn that around is the big question indeed. And unfortunately, I don't have an answer.
Yeah, I think we just have to take it as it comes, especially with the ECB rates for next week as
well. Next week, we'll definitely be looking at investing into EU ETFs and see what's in the portfolios there and how AI and AI tools
itself could help us invest as well. Are you looking at anything in particular in the AI
space or have you explored? We're actually going through the AI space at the moment with
a relaunch that we're currently working on so i'm getting some good insight into how it works and it takes a lot of man hours to for this ai to work to actually teach
it um it's it's obviously a massive growth sector um there's others who can probably pick out the
better you know individual companies that they're going to make uh headway and but it is it is going
to be a massive sector to look at um And it's going to be a massive sector
that things like central banks and governments are going to have to take into consideration for
all sorts of policy, government and monetary policy. And yeah, it's still a big unknown,
I think, at this early stage. Yeah, I think we're going to leave it there.
Absolutely great insights and thoughts. i do appreciate every speaker's time
today i do apologize about the wi-fi cutting out there uh towards the end of the show there
um anything else left you like to sort of wrap up with or anything in particular you see
me personally no no i think uh i've enjoyed the show thank you very much for having me
of course we'd love to have you back on for next week.
We've got a lot of things going on.
And thank you to all of our listeners.
And thank you for tuning in.
Always appreciate you guys.
We'll be taking a short break here.
And we'll be coming back into US day trading and futures and our stock stuff on our regular schedule here at 9.20 Eastern.
And that would be about 2.20 about 2 20 PM here in the UK.
And yeah, if you guys like to have a look at more of what we do, we do have our schedule posted on our profile and we'd love to see you guys there and do post
And if you want to go back and re-listen, our DMs are open and we'd love to help
you answer any questions you have.
As I know the eu space can
be rather challenging to sort of navigate through and i would love to hear more what you guys would
like to listen to about covering the eu markets and the uk we'd love to help you guys you know
i know it can be very uh restrictive in investing as well as accessing some of these platforms as
well you're maybe not familiar with um we'd love to cover some brokerages perhaps in future for you guys apart from that thank
you from me thank you to all the speakers and have a wonderful day take care everyone