Richard Quest

speaker
146 appearances 3 recordings 2 series first heard Jul 2026 last heard 3 Jul

Richard Quest’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
3 · Jul OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Jul 2026 with 3.

Appearances

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So that's a positive in terms of bringing down the price.
But are they able to do so?
It's a very, very murky picture at the moment where I know because I've been talking to them, traders and brokers are watching, literally counting, Mike,
Nine tankers went through the strait yesterday.
Seven went through overnight.
So that's how balanced it is at the moment.
If I say yes, does it matter?
If I say no, does it matter?
Of course, it's a bubble of sorts.
If you look at the technical definitions of when people talk about bubbles, absolutely.
You've only got to look at the way in which SpaceX traded in its first few days, rocketing back up, falling back down.
That is classic IPO strategy.
amateur territory where the amateur gets burned badly.
But it's all about the promise of the future.
And the MAG-7 is still driving the demand, even though a couple of trillion has been wiped off MAG-7 demand or MAG-7 prices.
But it's the only game in town because it is the one that is possibly going to produce the productivity gains that we will see at the same time as we're going to see higher unemployment.
It's a very difficult environment.
But yes, I would agree that...
Let's not be emotive, Mike, and call it bubbles.
Let's say frothy.
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