Peter Bowes
👤 PersonAppearances Over Time
Podcast Appearances
There are usually winners and losers when you have sort of stock market declines. Every one of the 100 stocks in the FTSE 100 is in decline today. some of the big names that are particularly suffering, banks, oil and gas companies. We've seen the oil price falling today as well, so potentially that's one of the reasons they're falling by so much. British Airways, IAG, that airline firm.
There are usually winners and losers when you have sort of stock market declines. Every one of the 100 stocks in the FTSE 100 is in decline today. some of the big names that are particularly suffering, banks, oil and gas companies. We've seen the oil price falling today as well, so potentially that's one of the reasons they're falling by so much. British Airways, IAG, that airline firm.
I think if we talk about Friday's big move, that was driven by a very clear moment, China's retaliation to the original tariffs. Today it's not as clear there is a specific market reason. It appears to be real shifting expectations today. that these tariffs are not going anywhere.
I think if we talk about Friday's big move, that was driven by a very clear moment, China's retaliation to the original tariffs. Today it's not as clear there is a specific market reason. It appears to be real shifting expectations today. that these tariffs are not going anywhere.
Perhaps even that the initial market moves we saw in the hours after Donald Trump's Rose Garden address perhaps were a bit understated. If this loss possibly represents the fear we could be on the verge of a global recession, that appears to be what's going on in the markets today.
Perhaps even that the initial market moves we saw in the hours after Donald Trump's Rose Garden address perhaps were a bit understated. If this loss possibly represents the fear we could be on the verge of a global recession, that appears to be what's going on in the markets today.
No, absolutely. The sort of largest ones of those are not coming in until sort of just gone midnight US time on Wednesday. Worth saying, of course, that, you know, as I mentioned, the big move on Friday appeared to be China's retaliation. We still haven't had the EU response yet. So we know that European trade ministers are meeting right now.
No, absolutely. The sort of largest ones of those are not coming in until sort of just gone midnight US time on Wednesday. Worth saying, of course, that, you know, as I mentioned, the big move on Friday appeared to be China's retaliation. We still haven't had the EU response yet. So we know that European trade ministers are meeting right now.
Their response, if it is a retaliation, well, that could move things as well. This is quite a sort of a serious situation on the stock markets now. In a way, if you're sort of invested in the stock market, you're probably concerned. But actually, the likelihood is you've got sort of a longer term investment, especially if it's pensions.
Their response, if it is a retaliation, well, that could move things as well. This is quite a sort of a serious situation on the stock markets now. In a way, if you're sort of invested in the stock market, you're probably concerned. But actually, the likelihood is you've got sort of a longer term investment, especially if it's pensions.
If you're not invested, I think potentially there's the suggestion that you could be more concerned that you might be because this might well signal, as I say, that we could be on the verge of a sort of much larger economic slowdown.
If you're not invested, I think potentially there's the suggestion that you could be more concerned that you might be because this might well signal, as I say, that we could be on the verge of a sort of much larger economic slowdown.
Which word? Which word do we use? Yes, which word? Tell us. Well, look, I mean, look, crash is quite a specific term which we use for when a sort of stock market falls by about 10% in a day or sort of 20% over the period of a couple of days. The FTSE is obviously down and it's been down over two or three days. We're nowhere near that kind of level.
Which word? Which word do we use? Yes, which word? Tell us. Well, look, I mean, look, crash is quite a specific term which we use for when a sort of stock market falls by about 10% in a day or sort of 20% over the period of a couple of days. The FTSE is obviously down and it's been down over two or three days. We're nowhere near that kind of level.
Yet, if you compare it to a year ago, the level of the FTSE 100 in the UK here is sort of down about 2% or 3%. It's still long-term sort of doing pretty well. So we're not in crash territory yet. A couple of people I've spoken to have said it's a bit crashy, crash-like, but not quite a crash.
Yet, if you compare it to a year ago, the level of the FTSE 100 in the UK here is sort of down about 2% or 3%. It's still long-term sort of doing pretty well. So we're not in crash territory yet. A couple of people I've spoken to have said it's a bit crashy, crash-like, but not quite a crash.
The measles virus is a good exploiter of children who are not vaccinated. It's one of the most contagious viruses we know about. It has a reproductive number of 12 to 18. What that means is if you have measles exposure, on average, 12 to 18 non-vaccinated children will become infected. So this is really a monster epidemic at this point.
The measles virus is a good exploiter of children who are not vaccinated. It's one of the most contagious viruses we know about. It has a reproductive number of 12 to 18. What that means is if you have measles exposure, on average, 12 to 18 non-vaccinated children will become infected. So this is really a monster epidemic at this point.
Back in the 1980s, measles was the single leading killer of children globally. Two to three million children lost their lives because of measles. And then through the good work of the Gavi Alliance, the Global Alliance of Vaccines and Immunizations, over the last 20 years, we've brought that number down to around 100,000.
Back in the 1980s, measles was the single leading killer of children globally. Two to three million children lost their lives because of measles. And then through the good work of the Gavi Alliance, the Global Alliance of Vaccines and Immunizations, over the last 20 years, we've brought that number down to around 100,000.