In MACRO & CURRENCY NEWS, we look at the Truss aftermath, prospects for UK interest rates and the dollar/yen rate's new lows. In EV & ELON MUSK NEWS, Arrival moves to the US and Tesla has a tough time while Musk is "planning to fire" 75% of Twitter's workers and get closer to the Pentagon with SpaceX. In CONSUMER & REAL ESTATE RELATED NEWS, US travel demand remains strong, Hermès gets powered by the wealthy, UK consumer confidence stays low, rents hit record highs, Travis Perkins slows, Dunelm grasps at straws and Segro benefits from warehouse demand. In MISCELLANEOUS NEWS, we look at the incoming ad tide, Snap's weakness, Zara moving into re-sale, Blackstone's profit hit and UK fund manager fortunes. AND FINALLY, I bring you a list of things that lasted longer than Liz Truss did in office...
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Watson’s Daily is all about helping you understand, remember and utilise knowledge of the business and financial markets news in your career and/or studies. I aim to give you the tools you need to turbo boost your knowledge whilst also having a bit of fun as well!