Sabri Beneshour
๐ค SpeakerAppearances Over Time
Podcast Appearances
He's investment director at the UK-based investment platform AJ Bell.
Good morning.
Yesterday morning, things were looking kind of ugly in markets.
But by the end of the day, major stock indices settled down about 1% or so.
Goldman Sachs CEO David Solomon said he was surprised that the reaction to the war was so benign.
What do you think?
How long do you think this can go on before that sentiment or hope turns around?
The Trump administration is offering risk insurance and security guarantees for ships passing through the Strait of Hormuz.
Do you think that will actually have an impact on oil prices, keep them down a bit?
The Financial Times is reporting that U.S.
shale drillers are not going to be able to increase their own production of oil quickly enough to prevent an oil supply crisis caused by this war.
What's your take?
Russ Mould, Investment Director at the UK-based investment platform AJ Bell.
Thank you so much.
Keep well, thank you.
We've seen a lot of evidence in recent months that businesses have been pouring money into new equipment.
They have also been borrowing to do it.
Demand for business loans is up.
But businesses have not been spending as much on people hiring.
So Marketplace's Justin Ho looked into why not.