Thursday 28/07/22

In MACRO, ENERGY & CRYPTO NEWS, the Fed hikes again, Goldman predicts Eurozone recession, Hungary falls into line, Equinor and Iberdrola see profit rises, National Grid puts coal plants on standby and there's a Bitcoin law change. In CONSUMER/CONSUMER GOODS NEWS, energy bills hit poorest hard, late car loan repayments rise, consumer goods companies benefit from price rises and Wizz Air aims to hike fares. In CAR NEWS, Ford sees rising profits, Mercedes-Benz raises guidance, UK car production recovers but JLR has chip problems. In MISCELLANEOUS NEWS, Meta has its first ever drop in revenues, Spotify adds subscribers, Boeing hits turbulence and Paragon shows that there's still life in buy-to-let. AND FINALLY, I bring you the world's seed bank and some very dodgy shorts...


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