Watson's Daily

Tuesday 25/10/22

In MACRO & ENERGY NEWS, Sunak gets the job, China wobbles markets and gas prices fall. In BUSINESS TRENDS NEWS, UK profit warnings rise, lawyers get ready and UK hospitality faces tough times but supply chains ease. In TECH NEWS,…

Monday 24/10/22

In MACRO & ENERGY NEWS, President Xi confirms a third term, the race for UK PM hots up, Italy's commitment to Europe will be tested, Paris turns down the lights and offshore wind companies chase Asian business. In CONSUMER TRENDS…

Friday 21/10/22

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…

Thursday 20/10/22

In MACROECONOMIC NEWS, UK inflation hit a new high, the Bank of England puts the boot in and Truss's future gets shakier by the minute. In CONSUMER & RETAIL NEWS, falling consumer spending hits leisure and tourism, JustEat, P&G and…

Wednesday 19/10/22

In MACRO & ENERGY NEWS, Jeremy Hunt targets banks, Truss faces more humiliation, Macron is trying to stave off humiliation, French utilities warn of a dark winter and the EU tries to address the energy problem. In CAR-RELATED NEWS, Foxconn's…

Tuesday 18/10/22

In MACRO & ENERGY NEWS, China delays economic data, Trussonomics gets cancelled, Germany extends the life of nukes, BP pushes further into alternatives and Europe is warned of blackouts. In CONSUMER-GOODS & RETAIL NEWS, Eve Sleep jumps into Bensons Beds,…

Monday 17/10/22

In MACROECONOMIC NEWS, Truss faces even more pressure and Goldman Sachs predicts deeper recession in 2023. In FINANCIALS NEWS, City hiring slows, Goldman Sachs plans a major overhaul and Credit Suisse looks to sell assets. In REAL ESTATE NEWS, UK…

Friday 14/10/22

In MACRO & CRYPTO NEWS, US inflation keeps going, Kwarteng wavers, NFTs tank and a crypto broker makes deep cuts. In CONSUMER, LEISURE & RETAIL NEWS, we look at what consumers are and are not spending their money on, the…

Thursday 13/10/22

In MACRO & ENERGY-RELATED NEWS, Liz Truss faces more pressure on the mini-Budget, the Bank of England plays the blame game, UK GDP drops and investors seek windfall tax clarity while some generators look forward to making profits. In REAL…

Wednesday 12/10/22

In MACRO & ENERGY NEWS, the IMF is on a downer, the Bank of England reacts, more companies will get the energy bailout and the windfall tax returns while the European wind industry struggles. In CONSUMER & RETAIL NEWS, the…

Tuesday 11/10/22

In MACRO NEWS, we look at the latest in UK government U-turns. In CONSUMER & RETAIL NEWS, late mortgage payments rise, households cut spending (but businesses plan to raise pay), retailers see footfall drop, Joules has good and bad news…

Monday 10/10/22

In MACRO & CRYPTO NEWS, Janet Yellen criticises OPEC's decision and we see whether the crypto winter is thawing. In REAL ESTATE NEWS, investors continue to withdraw from property funds while residential property prices look increasingly overvalued. In LEISURE NEWS,…

Friday 07/10/22

In MACRO, ENERGY & OIL NEWS, the IMF spreads the gloom, the ECB fears prolonged inflation, Belarus has a "unique" approach and the UK faces a tough time while Germany imports more energy, offends EU members and BP Solar launches…

Thursday 06/10/22

In MACRO, MARKET TRENDS & CURRENCY NEWS, the White House gets riled by OPEC+, UK market trends don't look too pretty and there could be some real dollar drama in the offing. In CAR NEWS, Vertu talks a good game…

Wednesday 05/10/22

In MACRO TRENDS & OIL NEWS, US job vacancies fall, used car sales weaken, the Bank of England stops bond buying and OPEC+ plan cuts. In TECH NEWS, the Twitter deal's back on, Apple gets some disappointing news and Naver's…

Tuesday 04/10/22

In MACRO, OIL & CRYPTO NEWS, we see early signs of an inflation slowdown, Kwarteng and Truss come under the spotlight, BoE bond-buying is not as frenzied as expected, Turkey's inflation hits 83%, oil rises on OPEC+, North Sea gasfield…

Monday 03/10/22

In MACRO, OIL & ENERGY NEWS, Kwarteng faces the music, Opec+ looks to cut production and Ofgem warns of potential blackouts. In FINANCIALS NEWS, Credit Suisse attracts attention, UK banks are set to make a killing and NatWest raises mortgage…

Friday 30/09/22

In MACRO, MARKETS & BITCOIN NEWS, Germany announces a massive energy aid package, Truss faces more pressure, the FTSE250 hits a new low and a study quantifies bitcoin's hunger for energy. In UK REAL ESTATE NEWS, mortgage madness hits. In…

Thursday 29/09/22

In MACRO, MARKETS & ENERGY NEWS, ECB officials talk about another big rate increase, the Bank of England steps in, Yellen calls for calm, the M&A and IPO drought continues (although Americans could come bargain-hunting), EDF talks nuke extension, floating…

Wednesday 28/09/22

In MACRO & MINI-BUDGET IMPACT NEWS, China growth falls behind, Nigeria makes a massive interest rate hike and then we look at the impact of the mini-budget on mortgage lenders and the real estate market. In TECH NEWS, Intel introduces…

Tuesday 27/09/22

In UK MACRO NEWS, we take a look at sterling devastation and why markets hated the mini-budget so much. In GLOBAL MACRO NEWS, the OECD predicts gloom, the Fed warns the UK, Germany's having a 'mare and Italy goes right.…

Monday 26/09/22

In MACRO, ENERGY & CURRENCY NEWS, Kwarteng doubles down, Truss looks at visas while the market digests the impact of last week's announcements, falling gas prices might help and Germany does LNG with UAE. In CONSUMER TRENDS NEWS, pandemic savings…

Friday 23/09/22

In MACRO, ENERGY & CURRENCY NEWS, the Bank of England raises rates, Turkey does the opposite (obvs!), we await a mini-Budget, fracking gets flak and Japan steps in on the yen. In TECH NEWS, SoftBank sounds out Samsung on Arm…

Thursday 22/09/22

In MACRO & ENERGY NEWS, Putin wages war, the Fed raises rates, the Bank of England looks like it's about to do the same, Uniper gets nationalised and Truss promises businesses big energy price cuts while South Africa has blackouts.…

Wednesday 21/09/22

In MACRO & ENERGY NEWS, Truss talks economic policy, Sweden hikes its interest rate, Uniper edges closer to safety, German factories get a massive price shock and taxpayers stump up. In RETAIL & LEISURE NEWS, UK retailers and pubs hold…

Tuesday 20/09/22

In MACRO, OIL & ENERGY NEWS, the EU continues its push for more powers, Germany's economy faces more difficulty, Norway's oil fund pushes the environment and we see the consequences of weaning off Russian oil and the argument against the…

Monday 19/09/22 👑

In MACRO & ENERGY NEWS, central banks race to tame inflation, high energy prices attract investors, the Big Five energy companies turn away new customers and even talk about windfall taxes. In COST-OF-LIVING & RETAIL NEWS, alt-meat faces challenges, milk…

Friday 16/09/22

In MACRO & ENERGY NEWS, Russia and China meet, Sweden gets a new PM, Nigeria's inflation hits a new high, Shell's CEO steps down and EDF's problems persist. In FINANCIALS NEWS, Chinese banks cut deposit rates, Corebridge's IPO falls flat,…

Thursday 15/09/22

In ENERGY, MACRO & REGULATOR NEWS, the EU comes up with an energy plan, the UK gives more details for businesses and UK inflation calms while Google, Meta and Activision face hurdles and Amazon gets sued by California. In REAL…

Wednesday 14/09/22

In MACRO & ENERGY NEWS, sterling falls while US inflation stays high, UK businesses face a delay to energy support and Goldman Sachs reckons that European gas prices will halve. In CONSUMER & RETAIL NEWS, UK unemployment hits new lows…

Tuesday 13/09/22

In MACRO NEWS, Xi Jinping sets off to meet Putin, Russia's budget surplus disappears, Indonesia is tempted by cheap Russian oil, the UK economy stagnates, Kwarteng goes for growth, energy regulation faces an overhaul and UK banks face stress tests.…

Meme Stock Disaster – Why Bed Bath & Beyond Went Wrong by Agne Vaitkeviciute

What's the story?, On August 17th, the share price of Bed Bath & Beyond (BBBY) suddenly fell by more than 50% after a short period of intense rallying. Why is it interesting?, The rapid rise and fall of the stock…

Monday 12/09/22

In MACRO & ENERGY NEWS, India overtakes the UK and we look at the latest on energy in Europe and the UK. In ELECTRIC VEHICLE NEWS, we look at bottlenecks for EV sales. In MISCELLANEOUS NEWS, agriculture is hit by…

Friday 09/09/22

In MACRO, ENERGY & OIL NEWS, the ECB jacks up rates, Truss unveils her energy plan and the EU is about to debate Europe's while India and China undermine an oil price cap. In AUTOMOTIVE NEWS, Ford and GM unveil…

Thursday 08/09/22

In BIG PICTURE NEWS, the US cracks down on tech in China, China's exports drop, we look at the energy latest in Europe while Putin makes more threats, metals suffer, the oil price drops, Repsol sells itself, sterling hits new…

Wednesday 07/09/22

In MACRO, COST-OF-LIVING & CURRENCY NEWS, Truss addresses energy, PwC's report warns of a wage hit, Sturgeon moves on rents and evictions and the Yen hits new lows. In CONSTRUCTION & REAL ESTATE NEWS, UK construction activity fell, Berkeley cuts…

Tuesday 06/09/22

In MACRO, ENERGY & OIL NEWS, Truss becomes PM and has a bulging in-tray, utilities companies get panicky, Russia cuts off the pipeline, JP Morgan moves to London, Brussels pushes for more control over corporates and OPEC+ cuts production. In…

Monday 05/09/22

In MACRO, BIG PICTURE NEWS, Germany decides to impose a windfall tax on energy companies, the UK tech industry worries about blackouts and we look at how the G7 oil price cap might work while the pound tumbles and has…

Friday 02/09/22

In MACRO, CURRENCY & ENERGY-RELATED NEWS, Eurozone jobless hits a new low, sterling flirts with dollar parity, Germans face a wait for energy price relief, "Don't Pay" gathers momentum, Network Rail braces itself and energy companies discuss a solution. In…

Thursday 01/09/22

In BIG PICTURE NEWS, Eurozone inflation hits a record high, Japan increases its defence spend, wheat prices get cheaper and oil prices weaken. In COST IMPACT NEWS, rising energy costs hit German production, prompt British factory workers to wear jumpers…

Wednesday 31/08/22

In MACRO, ENERGY & CRYPTO/CURRENCY NEWS, US job vacancies rise, German inflation hits new highs, Goldman says UK inflation could hit 22%, wholesale gas prices fall, Gazprom gets shirty, oil prices weaken, sterling crumbles and NFT demand evaporates. In COST-OF-LIVING…

Tuesday 30/08/22

In MACRO, ENERGY & CURRENCY NEWS, Russia sees GDP contraction, the UK heads towards recession, Europe unveils energy measures, Shell predicts prolonged energy shortages while businesses forecast a major hit and the Euro gets a kicking. In EV-RELATED NEWS, Honda…

Friday 19/08/22

In MACRO & ENERGY NEWS, Turkey does it again, China ups coal usage and Germany cuts VAT on gas sales. In CONSUMER/RETAILER NEWS, UK consumer confidence hits a new low, Britons are expected to keep drinking, full English brekkie prices…

Thursday 18/08/22

In MACRO, ENERGY & CLIMATE CHANGE NEWS, UK inflation hits a 40-year high, the Fed looks like it'll continue to raise rates, the Yangtze river is drying up, Biden's clean energy push faces hurdles and Uniper is on the brink.…

Wednesday 17/08/22

In COMMODITIES & ENERGY NEWS, BHP benefits from rising coal prices, gas prices jump, the EU digs for lithium and Germany does a U-turn on nuclear. In EMPLOYMENT & CONSUMER TRENDS NEWS, wages crater, job figures calm down, hospitality loses…

Tuesday 16/08/22

In MACRO & COMMODITIES NEWS, China cuts its lending rate, we look at what might happen with a Taiwan blockade, the Rhine goes lower and Kosovo has blackouts while oil and metal prices fall. In COST-OF-LIVING & RETAIL NEWS, the…

Monday 15/08/22

In BUSINESS TRENDS NEWS, SMEs fear their prospects, the City of London loses restaurants and craft brewers worry about recession. In EMPLOYMENT TRENDS, salaries rise but those at asset managers fall, the four-day week experiment looks like it'll fall flat…

Friday 12/08/22

In MACRO, OIL & ENERGY NEWS, Germany's problems worsen, western sanctions are having "limited impact" on Russian oil output and European electricity prices climb to new highs. In MANUFACTURING & ENGINEERING NEWS, US factory prices fall, Siemens has its first…

Thursday 11/08/22

In MACRO & ENERGY NEWS, US inflation eases, Taiwan gets feisty with Foxconn, Vestas likes US clean energy subsidies, E.ON cuts the value of its Nord Stream stake and the Rhine dries up. In FINANCIALS/INVESTMENT NEWS, Aviva gets a boost,…

Wednesday 10/08/22

In MACRO & CRYPTO NEWS, Russian oil flow to central Europe stops, Xi Jinping tightens his grip on power and Coinbase takes flak. In CONSUMER TRENDS NEWS, it looks like we are spending on travel, fashion, streaming and property, not…

Tuesday 09/08/22

In TECH NEWS, SoftBank has troubles, Baidu does driverless robotaxis, Vertical Aerospace does flying taxis and Intel urges the UK to throw money at chips. In CONSUMER/RETAIL NEWS, London rents rise, spending patterns change, Next is to take a chunk…

Monday 08/08/22

In MACROECONOMIC NEWS, we look at the prospects for UK and European inflation. In PAY NEWS, City workers continue to get big pay boosts, pay access companies see a rise in activity, UK Amazon workers plan strike action and Next…

Friday 05/08/22

In MACRO, COMMODITIES & CRYPTO NEWS, the Bank of England hikes interest rates, Glencore rakes it in and Coinbase does a deal with BlackRock. In CONSUMER/RETAIL NEWS, US jobless claims rise, DoorDash delivers, WeWork recovers, Netflix and Prime slide while…

Thursday 04/08/22

In MACRO, ENERGY & CRYPTO NEWS, Pelosi's visit has repercussions, the Saudis refuse to play ball with Biden, the Bank of England decision is due, the UK services sector slows down, Turkey has a 'mare, energy price drama continues and…