Your weekly one-stop shop. From recapping the major themes in markets that week, to the latest career tips and insights from industry experts. Whether you are a trader, investor or an aspiring student looking to enter a career in financial markets, we've got you covered!
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The Trading Floor: 3 Themes to Nail Your Global Markets Interview
This week, students in our community asked for guidance on key market themes to discuss at interviews. So, we recorded this episode to help everyone get prepared.Tune in as we break down the three major themes you need to be fluent in:U.S. interest ratesChina’s economic challengesImpact of the upcoming U.S. electionHope it helps and please do share far and wide!Good luck*****UBS Research on the U.S. election HEREwww.tradingeconomics.com Hosted on Acast. See acast.com/privacy for more information.
10/25/2024 • 49 minutes, 7 seconds
The Deal Room: Decoding J.P. Morgan & BlackRock Earnings for Interviews
Join Anthony Cheung and Stephen Barnett as they dive into the world of corporate earnings, unpacking the latest reports from J.P. Morgan and BlackRock. Discover the crucial financial metrics you need to know and get insider insights from Jamie Dimon, CEO of J.P. Morgan, as well as BlackRock’s strategic moves as the world’s largest asset manager. Whether you're gearing up for a finance interview or just want to sharpen your understanding of financial statements, this episode has you covered! Hosted on Acast. See acast.com/privacy for more information.
10/21/2024 • 33 minutes, 46 seconds
Career Insight: Devraj Bhattacharya, Flow Traders Head of Emerging Markets Trading in Asia
In this episode, Anthony Cheung interviews Devraj Bhattacharya, Flow Traders head of emerging markets trading in Asia.They discuss Flow Traders' role as a market maker, Devraj's path from engineering to trading, and the importance of technical skills and collaboration at the firm.Devraj also shares key traits sought in trading candidates, insights on team structures, and advice for aspiring traders, with a focus on resilience.Whether you're curious about trading or considering a career in it, this is an episode you won't want to miss!(00:00) Introduction to Flow Traders and Devraj's Journey(05:07) Understanding Flow Traders' Role in the Market(10:01) The Importance of Technical and Soft Skills in Trading(15:00) The Graduate Program and Career Development at Flow Traders(22:02) Key Characteristics for Success in Trading(36:04) Building Resilience in Trading(40:54) Advice for Aspiring Traders and Young ProfessionalsJoin the Flow Traders E-house Day on the 30th of October HEREExplore graduate opportunities with Flow Traders HERE Hosted on Acast. See acast.com/privacy for more information.
10/18/2024 • 48 minutes, 59 seconds
The Deal Room: Mastering Your Finance CV & Cover Letter
In this episode, Anthony Cheung and Stephen Barnett discuss practical advice for students on crafting effective CVs and cover letters, emphasising the importance of tailoring applications, showcasing unique experiences, and the power of transferable skills. This episode is packed with great tips learned from working with thousands of students and directly with the companies in the finance industry that hire them!(00:00) Introduction(01:30) How to talk about your education(02:59) Managing poor A-level results(04:19) Extra curriculum activities(06:58) Tailoring your CV(08:55) Managing your expectations on roles(10:56) Using work experience effectively(13:33) How to position upcoming work experience(14:35) The perfect cover letter(16:57) Bad cover letters(22:32) Learning to sell yourself better Hosted on Acast. See acast.com/privacy for more information.
10/14/2024 • 25 minutes, 59 seconds
The Trading Floor: Germany, the "Sick Man" of Europe
In this episode, Anthony Cheung and Piers Curran break down the latest US CPI data and its implications for the Fed's interest rate strategy. But that's not all, Germany’s economy is in the spotlight as they explore recession warnings, government forecasts, and what this all means for the Eurozone.They also dive into the growing divide between US and European monetary policies, dissecting the ECB's next move as it grapples with Germany's economic woes. Tune in for a dynamic take on how these global shifts could reshape the markets. Perfect for any interview prep! Hosted on Acast. See acast.com/privacy for more information.
10/11/2024 • 37 minutes, 49 seconds
How to Stand Out in Finance Job Applications: Advice from Asset Management Director
**This conversation was recorded LIVE on the AmplifyME LinkedIn page**In this conversation, Ben Arnold an investment director at Schroders, shares his extensive experience in the finance industry, discussing the intricacies of the application process for internships and graduate roles. He emphasises the importance of quality over quantity in applications, effective research strategies, and the necessity of tailoring resumes. The discussion also covers the significance of collaboration, the role of qualifications like the CFA, and managing expectations in a competitive job market. A must-listen for those currently in the application process!(01:57) Introduction and Backgrounds(06:35) Navigating the Application Process(11:33) Understanding Wealth vs. Investment Management(17:29) Crafting Quality Applications(21:47) How to approach online tests(25:17) The Importance of Collaboration(27:54) Assessment Centre Insights(31:10) Is the CFA worth doing?(34:23) The Role of Qualifications in Career Advancement(38:56) Tips for HireVue(41:25) Managing Expectations and Career Paths(44:12) Transferring Skills from Sports to Finance(47:05) Dealing with pressure(49:05) Advice on career switching in early careers(50:56) Behaviour is paramount at all times(53:20) The ONE trait that stands out in applications Hosted on Acast. See acast.com/privacy for more information.
10/9/2024 • 54 minutes, 38 seconds
The Deal Room: Mastering Investment Banking (IBD) Jargon for Interviews
In this episode, Anthony and Stephen delve into the complexities of investment banking jargon, breaking down essential terms like EBITDA, leverage, DCF, and synergies. They discuss the importance of understanding these concepts for interviews and practical applications in M&A strategies.The conversation also covers the distinctions between bulge bracket and boutique banks, as well as the roles of sector coverage and product specialists in the industry.This is a perfect conversation for anyone contemplating a future career in banking!(02:02) Introduction to IBD Jargon(04:38) Understanding EBITDA(10:39) Exploring Leverage(13:50) Decoding DCF(21:13) The Concept of Synergies(23:35) M&A Strategies: Vertical vs Horizontal(26:48) Accretion vs Dilution in M&A(31:17) Bulge Bracket vs Boutique Banks(36:56) Sector Coverage vs Product Specialists*****Want to explore a career in M&A? Try our Banking Finance Accelerator in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
10/7/2024 • 39 minutes, 24 seconds
BREAKING NEWS: US Non-Farm Payrolls comes in HOT!
In this special episode, join Anthony Cheung and Piers Curran as they break down the latest US labor report in real-time.Get insights into the instant market reaction and what this means for the Federal Reserve and the broader political landscape.With the economic data smashing expectations, this is crucial information for both investors and students prepping for finance interviews. Hosted on Acast. See acast.com/privacy for more information.
10/4/2024 • 16 minutes, 27 seconds
The Deal Room: Bumper M&A Special (UniCredit, Intel, Rightmove)
In this episode, Anthony Cheung and Stephen Barnet discuss the latest developments in M&A speculation, focusing on Unicredit's acquisition attempts of Commerzbank, Qualcomm's interest in Intel, and the ongoing saga of Rightmove's acquisition. They delve into the complexities of these transactions, the political implications, and the strategic rationale behind them, providing insights into the world of investment banking and M&A.(02:03) Introduction to M&A Speculation(03:17) Unicredit's Stake in Commerzbank(07:30) Politics in M&A(11:22) The Mechanics of the Deal(24:28) Qualcomm's Interest in Intel(29:41) Rightmove's Acquisition Saga Hosted on Acast. See acast.com/privacy for more information.
9/30/2024 • 34 minutes, 36 seconds
The Trading Floor: China's Economic Revival & Saudi's Shift in Oil Strategy
In this conversation, Anthony Cheung and Piers Curran discuss significant global economic events, focusing on China's recent stimulus measures aimed at revitalising its struggling economy and Saudi Arabia's shift away from its $100 oil price target. They explore the implications of these developments for global markets, interest rates, and economic sentiment, emphasising the interconnectedness of these issues in the broader context of the global economy.(2:09) Community shout outs(4:54) Themes this week(5:52) Why China have acted now(9:48) Chinese stocks reaction(12:45) PBOC Rate cut(16:18) Stock market intervention(20:07) Government rescue(22:31) Saudi drop price target(28:29) Why Saudi needs high oil prices(34:10) Lessons from history(38:26) Implications for a soft landing Hosted on Acast. See acast.com/privacy for more information.
9/27/2024 • 38 minutes, 21 seconds
The Deal Room: 5 M&A Trends For Your Investment Bank Interview
In this episode, Anthony and Stephen discuss the current state of the M&A market, highlighting key trends, the impact of interest rates, and the dynamics of private equity. They explore the resurgence of mega deals, particularly in the energy and technology sectors, and address the realities of working in investment banking, including long hours and managing expectations for aspiring professionals.02:13 Introduction04:41 Current State of the M&A Market09:41 Interest Rates and Their Impact on M&A14:00 Corporate vs Sponsor M&A (Private Equity) 19:20 The Rise of Mega Deals in Energy and Tech22:36 Managing Expectations in Investment Banking Careers*****Experience finance now with the AmplifyME M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
9/23/2024 • 30 minutes, 52 seconds
The Trading Floor: The Fed's Bold Strategy
In this podcast episode, Anthony Cheung and Piers Curran discuss the recent interest rate decisions by the US Federal Reserve and the Bank of England, analysing market reactions and implications for investors. They delve into the significance of the Fed's bold 50 basis point cut, the contrasting approaches of the two central banks, and the impact of labour market dynamics, particularly in relation to migration.This is a must-listen for any investor or student preparing for interviews in the current application cycle! Hosted on Acast. See acast.com/privacy for more information.
The internship application season is in full swing, and while it’s an exciting time, it can also be incredibly stressful. Don’t worry—we’ve got you covered!In this episode, I'm joined by special guest Favour Oluwanusin, a university student who recently went viral for sharing an in-depth guide on how he secured an astonishing 9 Spring Week offers. Together, we break down the key steps to take your application to the next level.Here’s a sneak peek at what you’ll learn:02:13 Navigating the Application Process04:38 The Importance of Timely Applications06:02 Understanding A-Level Grades and Work Experience07:07 Non-financial degrees: Do they stand a chance?12:12 Cover Letters: To Submit or Not?15:43 Quality vs. Quantity in Applications21:09 Becoming financially fluent23:59 Is it harder to get a summer than a Spring Week26:04 Why make an application guide28:57 Overcoming Imposter SyndromeThis episode is essential listening to boost your chances of landing that internship.Tune in and get ahead of the competition!****Access Favours application guide > https://lyrical-twig-2ac.notion.site/I-Got-Nine-Spring-Week-Internship-Offers-Here-s-How-You-Can-Too-ab6d515020dc4a14818c6f6cc2e827b8 Hosted on Acast. See acast.com/privacy for more information.
9/16/2024 • 33 minutes, 2 seconds
The Trading Floor: 50 bps Fed Cut Now 'Off the Table'
In this episode, I’m joined by co-founder Piers Curran to dive into three major talking points in global markets this week.Here’s what we cover:The odds of a 50 bps rate cut from the Fed have dramatically reduced following the latest US CPI report.Trump trades lose steam as Harris wins their first encounter.Goldman Sachs prepares to post a $400 million hit to Q3 results as it unwinds its consumer business.This is the perfect episode to help you unpack the news that matters in a clear and easy-to-understand way, essential listening for any student preparing for the application process! Hosted on Acast. See acast.com/privacy for more information.
9/12/2024 • 41 minutes, 41 seconds
The Deal Room: NFL Opens Doors to Private Equity
In this episode, we dive into some of the biggest deals currently shaping the corporate finance landscape.We explore Mars' acquisition of Kellanova, the NFL's move to allow minority private equity interests, the potential takeover of Rightmove by REA Group, and Blackstone's acquisition of AirTrunk.Join us as we unpack the strategic motivations behind these deals, consider potential antitrust concerns, and examine how interest rates are influencing the housing market.An essential listen for anyone looking to understand corporate finance in action. Hosted on Acast. See acast.com/privacy for more information.
9/9/2024 • 30 minutes, 22 seconds
The Trading Floor: Mixed Reaction to US Non-Farm Payrolls Report
The market remains divided on whether the Fed will cut rates by 50 or 25 basis points.Friday's labour report was expected to provide clarity, but instead, it delivered mixed signals.Tune in to discover how the markets reacted, what clues the US yield curve is providing, and which data points to watch leading up to the FOMC meeting on September 18th.Essential listening for any investor or student in the midst of application season.01:00 Introduction and Overview of US Non-Farm Payrolls Report02:28 Mixed Reaction to Job Creation Numbers04:07 Reaction and Speculation of Rate Cuts14:15 Market Divided on Fed's Rate Cut Decision22:46 Uninversion of US Yield Curve and Speculation of Recession25:26 Conclusion Hosted on Acast. See acast.com/privacy for more information.
9/6/2024 • 25 minutes, 22 seconds
The Deal Room: Unpacking the Valuation of Nvidia (Financial Model Explained)
In this episode of The Deal Room, Anthony and Stephen Barnett dive deep into the valuation of Nvidia, comparing it with Intel. They explore various valuation methods, including market-based, absolute, and relative approaches, and unpack the assumptions and subjectivity that shape these models. The discussion also covers Nvidia's growth potential and current valuation, contrasted with Intel's decline and strategic missteps. Is Nvidia's valuation too high or too low? Tune in to find out!*****00:00 Introduction and Overview02:14 Valuation of Nvidia09:01 The Subjectivity of Valuation15:45 Nvidia's Growth and Valuation16:31 Strategic Missteps of Intel Hosted on Acast. See acast.com/privacy for more information.
9/2/2024 • 22 minutes, 26 seconds
The Trading Floor: Nvidia Earnings Explained
Nvidia reported a staggering 122% revenue growth, but its sales outlook was disappointing. Data center revenues are slowing, the new Blackwell design has encountered problems, and gross margins are narrowing.As the AI hype begins to cool, is Nvidia managing expectations or facing a slowdown?Get up to speed on one of the major stories in global markets this week.*****01:00 Introduction and Nvidia's Earnings Report03:00 Decelerating Growth Rates for Nvidia07:13 The importance of forward guidance 08:35 The Delayed Release of the Blackwell Chip12:43 Nvidia's Share Buyback Program14:13 Managing market expectations18:32 Broader Context and Sector Rotation21:02 What happens to US stocks next? Hosted on Acast. See acast.com/privacy for more information.
8/29/2024 • 23 minutes, 6 seconds
The Deal Room: Unveiling the World of M&A with Peter Bell, Founder of Cardean Bell
In this episode, we chat with Peter Bell, founder and CEO of Cardean Bell, a leading M&A boutique advisory firm. With 24 years at top investment banks like Bank of America Merrill Lynch, Lehman Europe, and Nomura, Peter has advised on over $100 billion in transactions across every industry sector. In 2016, he launched Cardean Bell to offer a more personalised approach to M&A and IPO advisory.Join us as Peter shares his journey from global banking to running a boutique, the value Cardean Bell provides to clients, and why companies choose boutique firms over bulge bracket banks. He also offers career advice for aspiring investment bankers, including how to stand out as a young analyst and when to consider moving from a big bank to a boutique.Whether you're eyeing a career in banking or just curious about the industry, this episode is packed with insights, stories, and practical tips from one of the industry’s most experienced leaders. Don’t miss it! Hosted on Acast. See acast.com/privacy for more information.
8/26/2024 • 53 minutes, 52 seconds
The Trading Floor: Market Peaks & Recession Fears
Is a US recession pending? Have stocks already peaked this year? Has the focus shifted from inflation to the labour market?In this episode, I speak to co-founder Piers Curran to unpack his view on the major themes in global markets.Essential listening for any investor or student getting prepared for the upcoming application season.****Introduction and Setting the StageShift in Focus: From Inflation to the US Labour MarketUpcoming Events: Jackson Hole and Nvidia EarningsCautious Approach: De-risking in Volatile Times Hosted on Acast. See acast.com/privacy for more information.
8/22/2024 • 34 minutes, 33 seconds
The Deal Room: Ackman’s Flop, Buffett’s Bet, and Canva’s AI Play
In this episode, we dive deep into three of the most intriguing stories shaking up the financial world:Ackman’s IPO Flop: Bill Ackman’s Pershing Square IPO crashes from a $25 billion goal to just $2 billion, with major backers like Baupost Group stepping away. We discuss what went wrong and the broader implications for closed-end funds. (3:00)Buffett’s Bold Move: Warren Buffett unloads $3 billion in Bank of America shares, raising questions about market timing. We break down the impact and what it means for investors. (12:00)Canva vs. Adobe: Canva accelerates its AI strategy with the acquisition of Leonardo.ai, aiming to challenge Adobe. We examine Canva’s rapid growth and its race to catch up with the industry giant. (22:00)*****Want to gain practical experience in finance? Check out our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
8/12/2024 • 25 minutes, 3 seconds
The Trading Floor: Monday's Market Selloff Explained
The headline on Bloomberg reads '$6.4 trillion stock wipeout has traders fearing ‘Great Unwind’ is just starting'.Join us as we delve into the key drivers behind Monday’s dramatic selloff in global equities. We'll explore the fundamental factors, market mechanics, and investor psychology that played pivotal roles in this market turbulence.Tune in for a comprehensive analysis essential for anyone following the financial markets.Introduction & Monday's stats (00:00)Fundamentals behind the selloff (5:48)Japanese carry trade explained (12:12)Why the Nikkei was hit so hard (17:25)The role of algorithmic trading systems (18:51)The impact of market psychology (23:13)Thoughts on the Fed (25:10)How news dissemination has changed the game (27:15)US recession risk (29:20)The fate of the Magnificent Seven stocks (33:18)Practical steps to investment in this environment (35:35) Hosted on Acast. See acast.com/privacy for more information.
8/6/2024 • 39 minutes, 43 seconds
The Deal Room: Return Of The SPACs & A Quantum Computing IPO
In this episode, we unpack:Investors and bankers are raising billions for new SPACs. What are they and why are they back in favour? (3:06)Honeywell’s quantum computing spinout, Quantinuum, is eyeing a $10bn IPO amid the AI boom. (12:59)A dealmaking revival is boosting the UK’s top law firms. Banker or lawyer: which career would you choose? (20:34)Tune in to explore corporate finance through today’s real-world stories. Hosted on Acast. See acast.com/privacy for more information.
8/5/2024 • 26 minutes, 15 seconds
The Deal Room: "Ask Me Anything" Q&A with our Student Community (Part 2)
In this special 2-part series of The Deal Room, we dive into an "Ask Me Anything" session with the curious minds of the students on our Summer Analyst Training Programme. Join Stephen Barnet, our Director of Corporate Finance, and Anthony Cheung, Chief Content & Culture Officer at AmplifyME, for an engaging discussion that covers everything from career advice to industry insights.In part 2, the team responded to:What is the difference from a technical and cultural perspective working in the UK vs US? (1:10)To what extent are office politics important to your progression in the firm? (7:43)What attributes would you want junior analysts to have? (10:56)What are common misconceptions about Investment Banks that you wish more students understood? (15:15)Did you ever get shouted out and why?! (19:10)*****Want to enhance your CV with practical experience? Join our next free M&A simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
7/29/2024 • 27 minutes, 59 seconds
The Trading Floor: Tesla's Earnings Drop, Alphabet's Cloud Success and Biden Steps Down
In this episode, we break down the latest financial news in focus this week:Tesla's shares plunge after missing earnings for the fourth quarter in a row, despite record revenue. Meanwhile, Alphabet shines with a strong performance in cloud services, surpassing revenue expectations.French bank, BNP Paribas reported a record second-quarter profit driven by a surge in equities, while Deutsche Bank struggled with a loss due to weak trading results and legacy issues.We look at how the market reacted to US President Joe Biden withdrawing from the election race and what a Trump victory may mean for markets. Tune in for a concise and insightful look at these key financial stories!*****Are you a student interested in a career in finance? Try our free Markets Finance Accelerator in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
7/25/2024 • 12 minutes, 14 seconds
The Deal Room: "Ask Me Anything" Q&A with our Student Community (Part 1)
In this special 2-part series of The Deal Room, we dive into an "Ask Me Anything" session with the curious minds of the students on our Summer Analyst Training Programme. Join Stephen Barnet, our Director of Corporate Finance, and Anthony Cheung, Chief Content & Culture Officer at AmplifyME, for an engaging discussion that covers everything from career advice to industry insights.In part 1, the team responded to:I missed out on Spring week, am I doomed? (2:01)What is the timeline of career progression in IBD? (5:50) What steps can I take as a fresh grad to stand out? (10:10)How much programming experience do I need to be a quant? (14:01)With the rise of algorithmic trading is there a threat to traditional roles? (17:18)*****If you're a student interested in a career in finance then try our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
7/22/2024 • 22 minutes, 14 seconds
The Trading Floor: Nasdaq Posts Worst Day Since 2022 As Trump Rattles Markets
Midweek turmoil hit global chip stocks following reports of tighter US export restrictions and rising geopolitical tensions, spurred by remarks from former President Donald Trump.We also unpack comments from the former US President on his thoughts on Federal Reserve Chair Jerome Powell, his view on interest rates, and why he may draft in help from J.P. Morgan CEO Jamie Dimon.On the other side of the Atlantic, UK inflation held steady in June, aligning with the Bank of England's 2% target. However, traders were more focused on the unexpected surge in inflation within the UK services sector.A must-listen for anyone looking to understand the interplay between current events and market dynamics!Introduction (00:01)Nasdaq sell-off (2:12)Trump rattles chip stocks (3:01)The sell-off in context (7:58)The impact on geopolitics (9:16)Fed Powell's comments on interest rates (12:13)Trump's comment on Powell's future (14:25)Could Jamie Dimon become Treasury Secretary (15:51)UK services inflation proves sticky (22:06)*****Experience Sales & Trading and Asset Management in our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
7/18/2024 • 29 minutes, 6 seconds
The Deal Room: Is Nike In Trouble & HSBC Shakes Up Its IBD Division
In this episode, we delve into Nike's recent struggles, with its stock down over 30% this year. We'll explore the factors contributing to its decline, from questionable leadership and strategic missteps to macroeconomic challenges and rising competition in the sneaker market.HSBC is reshaping its investment banking division to better compete with its rivals. Discover the changes being implemented and their potential impact on the UK-listed bank.Microsoft and Apple are turning down OpenAI board seats as regulatory scrutiny grows and is the era of cheap money about to catch up with the private equity market?Essential listening for any student interested in corporate finance and business strategy.*****Want to gain practical experience in corporate finance? Join our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
7/15/2024 • 35 minutes, 53 seconds
The Trading Floor: US Stock Sector Rotation & Big Bank Earnings Explained
On Thursday, US inflation dropped to 3% in June, leading to increased bets on interest rate cuts.As such, the Russell 2000 outperformed the Nasdaq 100 by 5.8 percentage points, signaling a rotation out of tech megacaps. Discover the winners and losers in this market shift.Meanwhile, J.P. Morgan, Citi, and Wells Fargo kick off bank earnings season. Investment bank fees are smashing forecasts but it's not all plain sailing for some of the biggest banks on Wall Street.Tune in now to find out why!*****Want to get practical experience in markets or asset management this summer? Join our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
7/12/2024 • 47 minutes, 22 seconds
The Deal Room: The Rise of Jefferies & A Big Week for Private Equity
It’s been a great week for investment banking and deal-making, and we've curated the top four stories:Jefferies’ bumper earnings and the factors driving the success of elite boutique banksA detailed exploration of the Poison Pill strategy, featuring Southwest Airlines' defense against activist investor Elliott Management.An in-depth analysis of SpaceX's staggering $210 billion valuation following its recent tender offer.Fresh off their NBA championship win, the Boston Celtics are now on the market for potential buyers.Essential listening for anyone thinking of applying to roles in corporate finance!*****Want to experience M&A first hand? Try our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
7/5/2024 • 41 minutes, 35 seconds
The Trading Floor: Labour Landslide, Trump Trade & Tesla's Surge
In this episode, we dive into the aftermath of the Labour Party's landslide victory in the UK General Election. Discover how the markets have reacted and what this seismic political shift means for UK assets moving forward.Next, we explore the intriguing political landscape in the US. Will Biden step aside, and if so, who might replace him? We also break down the complexities of a US rates curve steepener trade and what it signifies for investors.Finally, we analyze the remarkable 17% surge in Tesla shares over just two days. Uncover the factors driving this rapid rise and why there could be more gains on the horizon.*****Are you a student looking to get finance experience on your CV this summer? Join our next free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
7/5/2024 • 47 minutes, 8 seconds
The Deal Room: The Art of The Spin-Off
In this episode, we explore five strategic reasons companies sell their assets.From divesting non-core businesses and restructuring to managing complex geographies and conflicts of interest.We bring these concepts to life with real stories in the news today.Essential listening for aspiring bankers looking to enhance their corporate finance skills!*****Are you a student interested in investment banking? Take our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
7/1/2024 • 41 minutes, 26 seconds
The Trading Floor: Nvidia’s $500 Billion Drop & Diversification Explained
Nvidia has lost over $500 billion in market value since briefly becoming the world’s most valuable company last week.Has anything fundamentally changed for the AI revolution’s poster child, or is there a rational reason for this temporary sell-off?We also examine the S&P 500 from a non-AI stocks perspective and reveal surprising insights from the past quarter’s sector performance that shed light on the economic cycle.Tune in now to enhance your market understanding in a simple, straightforward way!*****Are you a student thinking about a career in financial markets? Sign up for our free Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
In this episode, inspired by a recent Financial Times article, we delve into the current landscape of the Investment Banking Division (IBD).Why are partners and Managing Directors (MDs) feeling the heat, and how does this pressure impact analysts and associates down the line?Join us as we reveal the firms making moves on the Street, both hiring and firing and explore the nuances of compensation in these competitive roles.*****Join our next free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
6/24/2024 • 42 minutes, 6 seconds
The Deal Room: Apple Intelligence & J.P. Morgan Boosts IBD Outlook
In this episode, we delve into the captivating world of corporate strategy, examining four prominent stories that made headlines last week:Apple is enhancing its Siri voice assistant and operating systems with OpenAI's ChatGPT, aiming to catch up in the AI race.Amazon has outperformed sales and profit forecasts, thanks to adverts shown during Prime shows and films.Nvidia has emerged as a leading investor in AI start-ups this year, leveraging its dominance in AI processors.J.P. Morgan anticipates a 25-30% surge in dealmaking fees for Q2, indicating a rebound in investment banking revenue after a challenging period for the industry.Tune in now to sharpen your understanding of corporate finance!*****Take practical experience in corporate finance in our M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
6/17/2024 • 39 minutes, 31 seconds
MM155: Trading a News-Driven Event (US CPI & FOMC Meeting)
This week, global markets were abuzz with two major events: the US Consumer Price Index (CPI) report and the Federal Reserve's latest policy announcement.In this episode, we delve into each data release and share strategies for trading during such pivotal moments. Whether you're a seasoned trader or aspiring to enter the field, this episode offers valuable insights and practical tips.Tune in for an in-depth analysis and expert advice on navigating news-driven market events.*****Support our Ride Across America Challenge and donate to Great Ormond Street Hospital Charity https://givestar.io/gs/amplifymes-fundraiser-for-great-ormond-street-hospital Hosted on Acast. See acast.com/privacy for more information.
6/14/2024 • 43 minutes, 37 seconds
BREAKING: European stocks fall on EU vote and Macron’s shock call for parliamentary elections
A sell-off in French stocks and bonds dragged down European-wide indices as investors reacted to political instability and the possibility of a far-right government.In this breaking news episode, we step back and break down 6 reasons why financial markets react negatively to this type of information.Tune in now to understand the forces driving market behaviour! Hosted on Acast. See acast.com/privacy for more information.
6/10/2024 • 9 minutes, 14 seconds
The Deal Room: Shein 2024 IPO & Business Model Strategy
The online fashion giant Shein is on the verge of an Initial Public Offering on the London Stock Exchange. With advisory support from Goldman Sachs, J.P. Morgan, and Morgan Stanley, Shein's valuation is projected to reach £50bn, marking it as London's most high-profile public float in over a decade.In this episode, we delve into:How Shein became one of the most successful B2C e-commerce platforms in historyThe secret formula behind its business strategyA deep dive into the company's financials and valuationThe risks and vulnerabilities in Shein's business modelThe mechanics behind its London listingJoin us as we uncover the intricacies of Shein's path to IPO and what it means for the future of online fashion.*****Make a donation to the AmplifyME Ride Across America Challenge to raise money for Great Ormond Street Hospital Charity https://givestar.io/gs/amplifymes-fundraiser-for-great-ormond-street-hospital Hosted on Acast. See acast.com/privacy for more information.
6/10/2024 • 47 minutes, 42 seconds
5 Essential Tips to Convert Your Summer Internship with Former Investment Bank Recruiter
Unlock the secrets to securing a full-time position from former trader and tier 1 investment bank recruiter, Andrew Osayemi, as he shares his five-point plan for converting your summer internship:1) Master the art of leaving an unforgettable first impression, blending both non-verbal and verbal cues.2) Articulate your desire for a full-time commitment while tactfully probing for available job opportunities.3) Schedule informal weekly performance check-ins to ensure alignment and track progress effectively.4) Deliver unwavering excellence in your work output and behaviour, consistently raising the bar for quality.5) Foster a dynamic social presence, embracing every opportunity to engage in work-related social events without hesitation.Don't miss out on these invaluable insights to maximise your internship's potential! Hosted on Acast. See acast.com/privacy for more information.
6/5/2024 • 27 minutes, 16 seconds
The Deal Room: 5 Stories In Corporate Finance This Week
In this episode, we dive into five of the latest and most impactful stories in corporate finance, offering you key insights into the world of banking and business:Microsoft + Activision Update: How the Call of Duty: Black Ops 6 launch on Game Pass could reshape gaming subscriptions.Brookfield's Renewable Energy Deal: Brookfield's $6.6 billion move to acquire France's Neoen and its long-term impact on the renewable sector.Saudi Aramco's $10bn Share Offering: The significance of Aramco's upcoming secondary share sale and its market implications.Red Bull's Stake in Leeds United: Red Bull expands into English football with a stake in Leeds United FC. What does this mean for the club and Red Bull's sports strategy?Subway's Record Bond Issue: Subway's $3.35bn franchise-backed bond, the largest ever, and its role in financing Roark Capital's buyout.Tune in to get the latest insights!*****Register now for our new Tesla-related M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
6/2/2024 • 40 minutes, 41 seconds
MM154: Quant Hedge Fund Strategy Explained & Why GBP Is Outperforming The EUR
The Catalyst/Millburn Hedge Strategy Fund employs a strategy based on their prediction that interest rates will remain steady due to high prices, and the Federal Reserve won't cut rates soon.We explore how their trade is structured, the macroeconomic insights driving their thesis, and how hedge funds use derivatives for leverage and market neutrality strategies to manage risk.Additionally, we discuss the recent surge of Sterling to a 21-month high against the Euro, even as the UK faces the uncertainties of an upcoming general election.Tune in now and start learning more about finance in a fun and easy-to-understand way!*****Register for a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
5/30/2024 • 30 minutes, 34 seconds
Demystifying Investment Banking: A Day in the Life of a Leveraged Finance Analyst? (Part 2)
Join us for the second and final episode of our mini-series, where we delve into the daily responsibilities of a Leveraged Finance (LevFin) Analyst. Discover how this role stands out within the banking division, and gain insider tips on successfully entering this dynamic field. Whether you're aspiring to break into finance or simply curious about the world of investment banking, this episode offers valuable insights and practical advice.*****Take a free experience in banking with our M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
5/27/2024 • 16 minutes, 28 seconds
MM153: UK PM Rishi Sunak Announces General Election & Nvidia's AI Boom Continues
Here's what you can expect in this week's podcast episode on global markets:Why UK Prime Minister Rishi Sunak pulled the trigger and announced a general election for the 4th of JulyUK inflation dropped to the lowest in nearly three years this week so why have traders removed a June rate cut from the tableNvidia smashes earnings expectations once again, so what next for the poster child of the AI revolutionTune in for insightful analysis and the latest updates!*****Connect with Anthony on LinkedIn https://www.linkedin.com/in/anthonycheung10Take a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
5/23/2024 • 42 minutes, 44 seconds
Demystifying Investment banking: What is Leverage Finance? (Part 1)
In this mini two-part series, we unravel the intricacies of leveraged finance, a cornerstone yet frequently underestimated domain of the investment banking division (IBD).Join us in Part 1 as Director of Corporate Finance, Stephen Barnett demystifies the concept of leveraged finance. Gain insight into the crucial role of rating agencies and grasp the nuances of this dynamic market landscape. Stephen brings context to the forefront by dissecting the current state of the market and offering invaluable insights into a recent deal.Tune in and embark on a journey through the fundamentals of leveraged finance. Hosted on Acast. See acast.com/privacy for more information.
5/20/2024 • 28 minutes, 38 seconds
MM152: Decoding Meme Stock Mayhem & US CPI's Impact on Fed Policy
GameStop, the iconic video game retailer synonymous with meme stocks, witnessed a rollercoaster of surges and crashes in the past week, echoing memories of its previous meteoric rise. But what's driving this volatility?In this episode, we delve into what caused the move, the mechanics behind how a short squeeze works, and why this time is different.Meanwhile, Wall Street traders sent stocks to all-time highs as bond yields slumped after an inflation slowdown reinforced bets the Federal Reserve will cut interest rates as early as September.Tune in now to find out more!*****Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS www.amplifyme.com/finance-acceleratorBanking Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
5/15/2024 • 37 minutes, 18 seconds
The Deal Room: Highlights from one of the most influential conferences of 2024!
In this episode, we bring you the most compelling highlights from the Milken Institute Global Conference 2024.Last week, Beverly Hills hosted this powerhouse event, drawing luminaries and influencers from across the globe, making this conference a pivotal moment in the world of finance and investment.Join us as we unpack the key takeaways:Elon Musk's x.AI is on the brink of securing a staggering $6bn in funding, propelling its valuation to a staggering $18bnThe Saudi government's investment A-team makes waves, signalling a significant shift in global investment dynamicsFormer US Treasury Secretary Steve Mnuchin remains undeterred in his pursuit of a stake in TikTokPrivate markets are all anyone is talking about with Goldman Sachs CEO David Solomon expecting a massive amount of consolidationEveryone is getting hot on M&A in 2024Tune in to "The Deal Room" as we uncover the power plays, strategic manoeuvres, and game-changing insights from one of the most influential conferences of the year. Hosted on Acast. See acast.com/privacy for more information.
5/12/2024 • 28 minutes, 39 seconds
MM151: How Hedge Funds Work & Landing Your Ideal Role
Join us in exploring the intricate landscape of hedge funds in our latest episode.Delve into the origins of hedge funds, examine the captivating journey of Ray Dalio and Bridgewater Associates, and unravel the diverse investment strategies employed by these financial powerhouses.Plus, we shed light on a burning question: What does it take to land a coveted position at a hedge fund?Tune in for an insightful discussion on the inner workings of hedge funds and their impact on the financial world. Hosted on Acast. See acast.com/privacy for more information.
5/10/2024 • 1 hour, 2 minutes, 20 seconds
The Deal Room: How do you value a bank like J.P. Morgan?
Join us as we dissect HSBC's recent earnings report to demystify financial statements and explore the valuation process used for banks.From a career perspective, we shine a spotlight on the Financial Institutions Group (FIG) and delve into the unique role of a FIG analyst compared to other sector teams.If you're aspiring to a career in investment banking, this episode is a must-listen! *****FIG refers to the Financial Institutions Group, which is a sector within banking that focuses on providing specialised services to financial institutions.NIM, or Net Interest Income, is the difference between interest earned from assets like loans and interest paid on liabilities such as deposits.Net fee income represents the revenue generated by a financial institution from fees charged for services provided to clients, after deducting related expenses.Net operating income is the total revenue earned by a company from its core business operations, minus operating expenses.EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, representing a company's profitability before accounting for non-operating expenses.DCF, or Discounted Cash Flow, refers to the method of valuing an investment by estimating its future cash flows and discounting them to present value using a specified discount rate.Enterprise Value is a measure of a company's total value, calculated as market capitalization plus debt, minority interest, and preferred shares, minus cash and cash equivalents.Free cash flow represents the cash a company generates after accounting for capital expenditures necessary to maintain or expand its asset base.Price/earnings (P/E) ratio is a valuation metric calculated by dividing a company's stock price by its earnings per share, indicating how much investors are willing to pay for each dollar of earnings.Price/book (P/B) ratio compares a company's stock price to its book value per share, reflecting the market's valuation of a company relative to its accounting value.Price/Tangible Book Value compares a company's stock price to its tangible book value per share, excluding intangible assets, providing insight into the market's valuation of a company's tangible assets.*****Join our next free M&A Finance Accelerator simulation. Perform well and you could be fast-tracked to our partners UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
5/6/2024 • 38 minutes, 53 seconds
MM150: Fed Decision Explained & Apple Beats The Street
Get the inside scoop on the latest moves in financial markets with our deep dive into recent headlines. Make sense of what the US central bank said this week, how markets reacted and what might come next.Apple shares jumped after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, alongside the biggest corporate buyback of shares in history.Don't miss out on this episode, tailored for students seeking to navigate the complexities of financial markets and in a fun and easy to understand way. Tune in now and stay ahead of the curve!*****Want to experience what it's like to trade at a bank? Take our free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS https://amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
5/3/2024 • 42 minutes, 23 seconds
The Deal Room: BHP's Pursuit of Anglo American, Goldman Sachs Bankers Head To Paris & CVC Goes Public
In this week's episode of The Deal Room, we dive into three major headlines shaking up the world of corporate finance.Explore BHP's ambitious £31bn bid for Anglo American, recently rejected but potentially set for a comeback. Discover the strategic insights driving this high-stakes deal and the hurdles it faces.Get the inside scoop on Goldman Sachs' bold move, relocating top talent from London to Paris amidst Brexit uncertainties. Could Paris be the next hotspot for finance graduates?Plus, unravel the story behind CVC Capital Partners' successful IPO, as the firm and its investors raise €2bn, marking a significant milestone in Europe's private equity landscape.Tune in and learn about finance with real news events happening today!*****Take our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
4/29/2024 • 35 minutes, 13 seconds
MM149: Tesla, Microsoft, Alphabet & Meta Earnings
In this episode, we break down the latest US earnings from some of the biggest companies on Wall Street.If you want to understand why Tesla rallied after posting dire numbers and Facebook dumped despite a 27% increase in revenue? Then listen to find out more!We also look at how AI is integral to current investor perceptions and while companies like Microsoft and Alphabet are well placed to monitise this new technology, Facebook is still trying to find its fit. Hosted on Acast. See acast.com/privacy for more information.
4/26/2024 • 42 minutes, 25 seconds
The Deal Room: Debt Capital Markets (DCM) Explained
In this episode, we shine a spotlight on Debt Capital Markets, a crucial yet often overlooked business function within major investment banks like J.P. Morgan, Bank of America, and Citi.Join us as we demystify DCM, explaining its unique role within investment banking divisions and the essential personality traits that make individuals well-suited to this area of finance. From structuring bond offerings to advising clients on debt issuance strategies, DCM professionals play a vital role in facilitating capital raising for corporations and governments worldwide.But that's not all – we also address questions from our community, exploring topics such as private secondary markets and the possibility of owning a stake in innovative companies like SpaceX or OpenAI.Get ready to dive deep into Debt Capital Markets and uncover fresh insights into the ever-evolving world of finance. *****Join our next free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
4/22/2024 • 41 minutes, 48 seconds
FOUR Strategies To Combat Imposter Syndrome
Join us as we explore four tactics and share personal stories to guide you toward confidence and self-assurance.It's time to silence that inner critic and step boldly into your true potential!Prepare to conquer imposter syndrome with strategies from our head of recruitment Andrew Osayemi. Hosted on Acast. See acast.com/privacy for more information.
4/19/2024 • 21 minutes, 55 seconds
The Deal Room: Exploring KKR's Evolution into an Alternative Investment Powerhouse
Last week the American global investment company KKR held its first investor day in 3 years, laying out a plan to scale its core businesses to reach at least $1 trillion of assets under management in five years.In this episode, our Director of Corporate Finance, Stephen Barnett, provides expert insights into KKR's journey from its origins in the 1970s to its present-day status as a leader in alternative investing. Discover the strategies driving KKR's growth and how the firm plans to maintain its rapid expansion in the years ahead.Whether you're a seasoned professional or aspiring to enter the world of corporate finance, this episode offers valuable perspectives on KKR's unique approach and the broader landscape of alternative investments.*****KKR Investor Day 2024 Presentation https://rb.gy/soni0tTake our free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
4/15/2024 • 37 minutes, 22 seconds
MM148: US Rate Cut Re-Think, FTSE Hits Record High & Bank Earnings Update
Upside inflation prints, solid labour market data, and easing financial conditions have led the market to reprice the number of US rate cuts to just two this year but is this the final verdict?Meanwhile, discover the driving forces behind the FTSE 100's surge to record highs. Plus, gain valuable insights into the Q1 2024 earnings reports from industry giants like J.P. Morgan, Citi, and BlackRock.*****Take a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS https://amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
4/12/2024 • 44 minutes, 47 seconds
The Deal Room: Alphabet Weighs Offer for HubSpot & 3 Hot M&A Breakdowns!
Join us this week in The Deal Room as we dissect the buzz surrounding Google's potential acquisition of HubSpot, a deal potentially valued at a $35bn. Discover the strategic reasoning behind it, potential synergies, and the looming antitrust hurdles.We also take you on a tour of the latest deals making waves in the corporate world:Endeavor Group Holdings Inc. - A $13bn buyout by Silver Lake Management, reshaping the talent agency landscape (Think WWE and the Ultimate Fighting Championship meet Private Equity!). Formula 1's New Venture - Liberty Media Corp. secures MotoGP World Championship in a $3.8bn deal.Johnson & Johnson's Growth - The pharma giant's $13.1bn cash deal to acquire Shockwave Medical to expand their medical device portfolio.Stay ahead of the curve with The Deal Room as we navigate through the latest corporate manoeuvres shaping industries worldwide!*****Take a free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
4/9/2024 • 43 minutes, 42 seconds
MM147: Unravelling Interest Rates, Commodities and EV's
In this episode, co-founder Piers Curran provides his latest insight into what's happening in global markets right now. From fluctuating expectations on when the US central bank will cut interest rates to why commodities like gold and copper have been soaring of late.The team also delves into the recent dip in Tesla's quarterly deliveries, sparking debates over its significance in the broader electric vehicle market. Is this setback merely a temporary blip on Tesla's radar, or does it signal deeper challenges ahead for the EV leader?*****Join a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS https://amplifyme.com/finance-accelerator - No prior knowledge is necessary! Hosted on Acast. See acast.com/privacy for more information.
4/4/2024 • 47 minutes, 7 seconds
The Deal Room: Q1 2024 M&A, ECM, DCM, PE & VC Review
Q1 of 2024 has seen a significant increase in financial transactions.Total M&A volumes are up 30%, US IPO's are tracking 18% above this time last year and private equity firms are sitting on over $1 trillion of dry powder.In this episode, Stephen Barnett delves into the core principles underpinning this uptick in activity.We'll explore what lies on the horizon for the coming quarters and gain invaluable insights into the practical nuances of roles within these domains.Whether you're intrigued by the driving forces behind M&A deal flow or seeking clarity on the distinctions between Equity Capital Markets (ECM) and Debt Capital Markets (DCM), this episode is tailor-made for you and the perfect tool to assist your applications and preparation ahead of any internship! Hosted on Acast. See acast.com/privacy for more information.
4/1/2024 • 33 minutes, 52 seconds
10 Tips for Excelling During an Investment Bank Spring Week
In this career episode, I share my insights on how to make the most of your Spring Week, ensuring both personal and professional growth. From fostering a curious mindset to taking initiative and mastering time management, these tips aren't just applicable for the duration of your Spring Week but will resonate throughout your early career.By embracing these principles, you'll not only excel during your Spring Week but set yourself up for success in your future career endeavours. *****Connect with Anthony on LinkedIn https://www.linkedin.com/in/anthonycheung10/Join a free Markets Finance Accelerator simulation in partnership with Morgan Stanley and UBS https://amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
3/28/2024 • 18 minutes, 7 seconds
The Deal Room: Reddit IPO launch & Microsoft's AI talent raid
In The Deal Room podcast series this week:Reddit IPO launch and the bull case for how the business intends to grow in the futureMicrosoft hires DeepMind co-founder Mustafa Suleyman in their latest AI talent raid which is set to test regulators and VCsConsumer goods giant Unilever is selling its ice cream unit for between €10bn to €15bn. Find out why spin-offs can often be a tasty treat for private equity firms*****Take the next free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
3/25/2024 • 40 minutes, 41 seconds
MM146: Fed, BoE & BoJ update in less than 5 minutes!
It was a significant week in global markets as many of the world's leading central banks announced their latest monetary policy decisions.Find out what the Federal Reserve, Bank of England, and Bank of Japan said and how markets reacted.Whether you're navigating the application process or seeking to refine your skills before an internship, this 5-minute summary is your essential guide to staying informed. Hosted on Acast. See acast.com/privacy for more information.
3/22/2024 • 5 minutes, 45 seconds
The Deal Room: IPO World Tour - From Dubai to Hong Kong
In 2024, the IPO landscape has experienced a significant revival.While discussions frequently gravitate towards the next big company to hit the New York Stock Exchange, we aim to expand your viewpoint to a global perspective.From the surging interest in Dubai’s car park investments to the allure of Hong Kong’s Sexy Tea, we delve into the unique business and local environments across five key regions: Dubai, Germany, Italy, Switzerland, and Hong Kong.***Join the next free M&A Finance Accelerator simulation event, in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
3/18/2024 • 31 minutes, 40 seconds
MM145: Is TikTok Getting Banned and ByteDance's Next Moves
The House of Representatives passed a bill on Wednesday that would require the TikTok owner ByteDance to sell the social media platform or face a total ban in the United States.In this episode, we delve into the intricate web of national security implications, assess the likelihood of a ban, and speculate on who the frontrunners could be in a high-stakes acquisition.We also unpack how Instagram has stealthily overtaken TikTok in downloads, with its significant growth and adaptation strategies and the reason why the outcome of this decision will have a major impact on the upcoming US election. Hosted on Acast. See acast.com/privacy for more information.
3/14/2024 • 32 minutes, 19 seconds
The Deal Room: Morgan Stanley's Latest IPO & The Reddit Revolt
Dive into our latest podcast episode for a rapid-fire exploration of hot topics:Morgan Stanley's Exclusive Offer: Learn how its clients get early access to private company shares.Elon Musk's Debt Remix: Unpack the $12.5bn refinancing talks changing the game for a social media giant.Reddit's IPO Challenge: Discover the impact of WallStreetBets' critique on Reddit's looming $6.5 billion IPO.***Take the free M&A Finance Accelerator simulation in partnership with UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
3/11/2024 • 40 minutes, 17 seconds
MM144: J.P. Morgan vs Goldman Sachs, Bitcoin & Gold Hit New Record Highs
In this episode, our team delves into the stark differences between two of Wall Street's heavyweights and their conflicting predictions for the future of US stocks.We also uncover the driving forces behind the unprecedented surge in both Bitcoin and Gold, ranging from institutional adoption to rising demand from China, and offer a concise analysis of Super Tuesday's implications for the impending US election.Tune in for an essential overview of the global markets and arm yourself with the knowledge you need to excel in any forthcoming interviews!***Free Daily Newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator Simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
3/7/2024 • 49 minutes, 49 seconds
The Deal Room: The biggest M&A deal YTD, Shein's London IPO & the role of activist investors
The year's largest acquisition has taken place between Capital One and Discovery. Explore the deal's rationale and delve into the significant antitrust concerns it has raised.Shein, a fast-fashion powerhouse, is contemplating shifting its initial public offering from New York to London. Is this indicative of London's resurgence as a financial hub, or merely a contingency plan?We examine the pivotal role of activist investors, spotlighting developments at Disney, where Blackwells Capital is advocating for the appointment of a Chief Technology Officer to spearhead a technology-focused transformation.***Want to experience what it would be like to work as a global M&A adviser and showcase your talent to UBS? Join our next free simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
3/4/2024 • 40 minutes, 2 seconds
Roles in Quantitative Finance Explained By Head of Engineering Milandeep Bassi
Dive deep into the mechanics of quantitative finance and explore how a blend of skills ranging from data analysis to software development fuels this dynamic field. If you've ever pondered the pathways to entering and excelling in quant finance, or if you seek to understand the symbiotic relationship between risk management and algorithm development, this episode is your roadmap.***Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
3/1/2024 • 1 hour, 2 minutes, 19 seconds
The Investment Bank Interview Playbook: Mastering Behaviour & Technical Questions
In this podcast episode, the team delves into the techniques and best practices for excelling in an investment bank interview.Topics covered include:**Crafting Compelling Responses:** Learn the art of structuring your answers for maximum impact.**Harnessing the Power of Non-Verbal Communication:** Discover how positive body language can tip the scales in your favour.**Setting Yourself Apart:** Strategies to highlight your unique attributes and experiences.**Navigating Your 'Achilles Heel':** Tackling the daunting “What is your biggest weakness?” question with confidence.**Articulating M&A Deals:** Best practices for succinctly and effectively explaining a live deal you're interested in.**Solving Brain Teasers with Ease:** Tips for approaching and solving tricky brain teasers that interviewers love.**Asking the Right Questions:** Guidance on what to ask when the tables turn, ensuring you leave a lasting impression.***Sign up for our daily Market Maker newsletter to get more career insights www.amplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
2/26/2024 • 43 minutes, 8 seconds
MM143: Nvidia Earnings, Cocoa Beans and Japanese Relief
In our end-of-week wrap of Global Markets, we discuss:**Nvidia’s Market Triumph**:Nvidia shattered records with the largest single-day market gain in history, adding an astounding $277 billion to its value. This monumental surge propels Nvidia into the ranks as the third-largest company globally. But what's on the horizon for this AI titan?**The Cocoa Craze Among Hedge Funds**:Uncover the reason behind hedge fund managers' growing obsession with cocoa. Dive into an analysis of how speculation plays a pivotal role in the cocoa futures market, unraveling the layers of this unique investment craze.**Japan’s Nikkei 225 Surges**:After a 34-year wait, Japan's Nikkei 225 index finally breaks its record, hitting an all-time high. Explore the concept of deflation, Japan's successful strategies to turn the economic tide, and the sustainability of this newfound growth. Can Japan maintain its momentum?***Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
2/23/2024 • 40 minutes, 20 seconds
The Deal Room: The sobering of SPACs and the IPO market heats up
In this week's episode, we unpack the following four stories in the world of corporate finance.Will new SEC rules mean that SPACs (Special Purpose Acquisition Companies) can be more than a bubble-market phenomenon?The IPO market continues to heat up so what's driving the newfound activity and will it last?A take-private deal for Italian loafer maker Tod's fuels luxury M&A speculationAnother oil and gas megadeal as Diamondback jumps on a $26bn Endeavor shale takeover****Take the M&A Finance Accelerator simulation sponsored by UBS www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
2/19/2024 • 34 minutes, 41 seconds
The Deal Room: Carmaker M&A, Sports & Reddit IPO's and Adam Neumann is back!
This week, we unpack 5 real stories in the news to help you better understand concepts in corporate finance:PGA Tour secures up to $3 billion from U.S. investors as LIV Golf merger hangs in the balanceStellantis, owner of brands such as Peugeot, Fiat, and Chrysler says it isn’t considering a plan to merge with other manufacturersShares of Amer Sports Inc. debuted with a gain, as the upsized initial public offering was priced low enough to attract investor interestReddit could IPO for $5 billion but it isn't profitable yet. Is their delayed listing doomed to fail?Adam Neumann is back and exploring buying WeWork out of bankruptcy Hosted on Acast. See acast.com/privacy for more information.
2/12/2024 • 28 minutes, 29 seconds
MM142: Magnificent 7 vs Tech Bubble 5 (Similarities & Differences)
Lots of sensational headlines this week on the risks to stocks with technology names being labeled the 'Big Tech Hype'.So should investors be worried or are the tech stocks just trading at a fair valuation?Join us for an episode that promises not only to clarify the existing tech market landscape but also to equip you with the analytical tools needed to discern hype from sustainable investment opportunities.******Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
2/9/2024 • 35 minutes, 11 seconds
The Deal Room: A deep dive into the Paramount Global M&A deal
Today we are taking a deep dive into the ongoing M&A saga at Paramount Global, the cable, streaming, and studio conglomerate, responsible for everything from the NFL to Top Gun.To discuss the deal, we are delighted to speak with AmplifyME Alum and Media Banking expert, Jagger Lambert, who helps us go deep into a brilliant Corporate Finance case study. In this episode of the podcast, we discuss:Who Paramount Global is – and why the founding Redstone family might well be the main influence for SuccessionWhy Paramount is struggling, analysing its position in the declining cable TV market, and its loss making entry into streamingIs Paramount up for sale? And is it worth anything?Who are the potential buyers – a deep dive into Skybird (owned by Larry Ellison’s son) and Byron Allen (from the Weather Channel to a $30bn bid for Paramount!)How an acquisition might be structured in the context of a dual-class share structure and $16bn debt pile. Hosted on Acast. See acast.com/privacy for more information.
2/5/2024 • 36 minutes, 55 seconds
MM141: Decoding Fed & BoE Moves and Big Earnings from Tech to European Banks
This week we discuss the following questions:The US Federal Reserve and the Bank of England hold rates but what did they have to say about the timing of rate cuts?Microsoft continues to shine while Google shares dropped sharply as search revenues missed. Can Alphabet deliver on its AI plans in 2024?Deutsche Bank shares rose 4% on earnings while BNP Paribas fell 8%. What's caused this divergence in investor perception?British oil giant Shell released a positive earnings update so what does the year ahead look like for the oil majors?A Delaware court has found Tesla CEO Elon Musk's compensation package, valued at $55.8 billion, to be excessive. Can Elon turn this one around?!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
2/1/2024 • 48 minutes, 30 seconds
The Deal Room: Macy's Private Equity Battle & Racket Maker Wilson Set To IPO
Stephen Barnett picks three real-world stories in the news to unpack the world of corporate finance in practice.Amer Sports Inc., the maker of Wilson tennis rackets is seeking to raise as much as $1.8 billion in what would be one of the year’s first major initial public offerings.Macy’s has rejected a $5.8 Billion takeover offer from Arkhouse Management Co. and Brigade Capital Management despite the offer representing about a 19% premium on its share price.JetBlue tells Spirit Airlines that it may terminate its $3.8 billion buyout offer challenged by US.****If you're a student interested in working in the world of finance then join our next free M&A Finance Accelerator simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
1/29/2024 • 30 minutes, 25 seconds
MM140: Tesla skids, Netflix pops & US 'goldilocks scenario'
In this week's weekly wrap of global markets, we talk about the forecast-busting US GDP report, the ECB's dovish tone, and Bejing's response to the slowdown in Chinese activity.In single stocks news, we unpack why Tesla shares fell 12% on Thursday and how Netflix is winning the streaming wars.*****If you are interested in a career in finance, take the AmplifyME Finance Accelerator simulation https://amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
1/26/2024 • 51 minutes, 13 seconds
The Deal Room: FOUR things we learned from The World Economic Forum (WEF) in Davos this year
In our latest podcast episode our Director of Corporate Finance, Stephen Barnett unpacks four FT headlines coming out of Davos last week.Private Equity predicts deal rebound as sellers capitulate on prices Mistral becomes the talk of Davos as business leaders seek AI gainsBlackstone boss Steve Schwarzman sees ‘animal spirits’ returning to the financial sectorIs Davos still worthwhile? Take part in our next free M&A Finance Accelerator simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
1/22/2024 • 31 minutes, 44 seconds
MM139: Goldman doubles down and Trump wins big in Iowa
In our latest review of this week in markets we cover the following topics:UK CPI and US Retail Sales surprise analysts. What does this mean for future monetary policy?A breakdown of the latest earnings from Goldman Sachs and Morgan Stanley. Who will win the battle of the banking giants?Donald Trump wins a landslide victory in Iowa. What next and how AI could transform the 2024 electionsFind out more about AmplifyME at www.amplifyme.com Hosted on Acast. See acast.com/privacy for more information.
1/19/2024 • 47 minutes, 9 seconds
MM138: The first of the BIG BANK earnings are out! Here's what you need to know
BlackRock the world's largest asset manager announced a $12bn M&A deal alongside its Assets Under Management (AUM) topping $10 trillion again.J.P. Morgan reported its best-ever annual profit, while Citigroup saw the most positive share price response to its earnings despite losing some $1.8 billion in Q4, as investors embrace the turnaround strategy that will see them eliminate 20,000 jobs.A great episode to better understand the unique merits of each of these different financial institutions.*****Sign up for our daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://amplifyme.com/finance-acceleratorFree M&A Finance Accelerator simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
1/12/2024 • 39 minutes, 58 seconds
The Deal Room: BYD surpasses Tesla, so is $TSLA worth the hype?
Last week it was announced that China's BYD had overtaken Tesla to become the world's leading electric vehicle (EV) seller.In this episode, we take a deep dive into the business model of Tesla and examine why, despite selling fewer vehicles, it is worth some 10 times more than its Chinese competitor.We examine the bull and the bear arguments culminating in our Director of Corporate Finance Stephen Barnett sharing his Discounted Cash Flow (DCF) process.Is Tesla overvalued at a 77x Price-to-Earnings (P/E) ratio? That's more than double Microsoft!You'll have to tune in to find out.******Join our next M&A Finance Accelerator simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
1/8/2024 • 41 minutes, 7 seconds
MM137: 2024 Market Predictions with Co-Founder Piers Curran
Is the market right to price in six rate cuts from the Fed? Will the magnificent seven be seen as growth stocks or defensive plays? Will bonds and stocks be correlated in 2024? Piers breaks down the themes that matter.Also, the world's biggest hedge funds have revealed their 2023 performance. In this conversion, we explain what the following terms mean:Systematic and discretionary strategiesMacro and quantamental investingFixed income relative value tradesDon't forget to subscribe and join us on our journey to unpack the major themes in markets every week in 2024. Hosted on Acast. See acast.com/privacy for more information.
1/4/2024 • 53 minutes, 50 seconds
The Deal Room: Top 10 Banking Trends That Defined 2023! (PART 2)
Stephen Barnett, our Director of Corporate Finance recaps the pivotal trends that have reshaped the banking landscape this year.In the second episode of this two-part podcast series, we dive into a countdown of the most defining moments of the year, from 5 to number 1.From the rise in private credit and partial re-opening of the IPO market to how inflation and interest rates impacted M&A activity.There are even a few predictions for the year ahead!******Happy holidays to everyone and see you in the New Year.Anthony Hosted on Acast. See acast.com/privacy for more information.
12/22/2023 • 23 minutes, 26 seconds
The Deal Room: Unveiling the Top 10 Banking Trends That Defined 2023! (PART 1)
Stephen Barnett, our Director of Corporate Finance recaps the pivotal trends that have reshaped the banking landscape this year.In the first of this two-part podcast series, we dive into a countdown of the year's defining moments, starting with trends 10 through 6.From Saudi money to mega deals in the oil & gas sector and a sprinkle of generative AI.Don't let the year end without being in the know! (Remember to subscribe to the show and hit the bell icon to be notified for the final episode of the year and the countdown from 5-1!)***Subscribe to the free AmplifyME daily newsletter https://amplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
12/18/2023 • 24 minutes, 53 seconds
MM136: Jerome Powell delivers Christmas early for markets
In the final episode of The Trading Floor series for 2023, co-founder Piers Curran breaks down the difference between the central bank announcements from the Federal Reserve, Bank of England, and European Central Bank this week.Find out how markets reacted, what to expect from them in 2024, and what Fed Chairman Jerome Powell has to do with a bottle of vodka!Thank you for listening to the show this year and all the very best to you and your loved ones over the festive break!Anthony & Piers Hosted on Acast. See acast.com/privacy for more information.
12/15/2023 • 23 minutes, 32 seconds
The Deal Room: Unicorns, Weight Loss Drugs & Enrique Iglesias!
The singer Enrique Iglesias has closed a deal to sell his catalog of songs and his image rights in a reported nine-figure deal. So what is it that makes music such an attractive alternative investment?Elsewhere, a sharp reset in private market valuations has stripped numerous so-called unicorns of their status and Swiss drugmaker Roche has agreed to acquire Carmot, the west-coast-based biotechnology company for up to $3.1bn, fueled by the frenzied demand for obesity medicines.Join a free M&A Finance Accelerator simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
12/11/2023 • 40 minutes, 16 seconds
MM135: Google release their ChatGPT killer & US Non-Farm Payrolls suggest a 'soft landing'
Google unveiled its long-awaited rival to ChatGPT this week but is it as good the the viral “what the quack” hands-on demonstration would have you believe?We explain the upgrade to multimodal AI and look at the broader context of its application but also examine whether it's better to be first or the best with new technologies.Meanwhile, the latest US jobs report unexpectedly strengthened in November with pickups in employment and wages, deflating bets the Federal Reserve will cut interest rates early next year. Find out how the market reacted.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
12/8/2023 • 46 minutes, 40 seconds
The Deal Room: Sovereign Wealth Funds ❤️ Private Equity
In this podcast episode, we explore the world of sovereign wealth funds: who they are, why they exist, and how they operate, as well as understand the fascination of Norway's largest fund with private equity firms.Additionally, we delve into the recent announcement that the Saudi Public Investment Fund (PIF) and the European private equity heavyweight Ardian are set to purchase a 25% stake in Heathrow Airport for £2.4bn and discuss Barclays Bank's considerations for a strategic overhaul in the UK.**UBS M&A Finance Accelerator simulation https://amplifyme.com/mafa** Hosted on Acast. See acast.com/privacy for more information.
12/4/2023 • 39 minutes, 13 seconds
MM134: Elon Musk publicly tells advertisers to 'go f*** yourselves'
In this podcast episode, we take stock on the past month when the S&P 500 finished up 8.9%, for its second-best November since 1980.We explain what was behind the move higher, who the big winners were, and what major Wall Street banks think will come next.In other news, Elon Musk publicly tells advertisers to 'go f*** yourselves', but what's behind the latest outburst from the world's richest man? And is this part of a bigger plan to restructure X debt?Finally, Opec+ members have agreed to make additional voluntary cuts to oil production in 2024 to bolster the market, however, oil traders aren't buying it. Is OPEC's rule coming to an end?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
12/1/2023 • 41 minutes, 53 seconds
M&A Explained Part 4: Buy-to-build strategy & vertical integration
In the final episode of this 4-part mini-series, we use Hotel Chocolat, Mars, McDonald's, Broadcom, and VMware to bring some classic M&A theory to life!From buy-to-build strategies and vertical integrations to buying back core assets in the private equity world, if you are looking to pursue a career in banking this is the episode for you.Join our next free M&A Finance Accelerator simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
11/27/2023 • 32 minutes, 50 seconds
MM133: Did Sam Altman engineer his own exit to gain control of OpenAI?
It's been a remarkable week at Open AI!In a series of unforeseen events, the founder was fired, took a brief stint at Microsoft, and then made a dramatic return to the helm of the company he originally created. This whirlwind of changes begs several questions: What were the reasons behind his initial termination? Who is currently in charge of OpenAI's board of directors? And can we dismiss the possibility that these events were part of a deliberate plan?Meanwhile, in markets, hedge funds that placed their bets against the US and European stock markets are reeling from a staggering $43bn in losses following an unexpected market rally. We delve into the sectors most affected and why. Additionally, we demystify the mechanics of a short squeeze and discuss the inherent risks of relying on algorithmic trading as a guaranteed profit strategy.Black Friday competition to win two fully sponsored places on the AmplifyME Summer Analyst Training Programme https://www.linkedin.com/feed/update/urn:li:activity:7133742770585788417 Hosted on Acast. See acast.com/privacy for more information.
11/24/2023 • 48 minutes, 42 seconds
MM132: Inflation drop sends stocks higher & Michael Burry's new 'Big Short'
It's the end of the week, so time to catch up on some of the major themes in focus:Why US and UK inflation has fallen, how markets reacted, and why Morgan Stanely and Goldman Sachs disagree on what comes next!Infamous hedge fund manager Michael Burry of the 'Big Short' takes a new bet on the decline of semiconductors and what's going on with Warren Buffett's portfolioThoughts on the meeting between US President Biden and China's Xi Jinping and the UK Prime Minister gives it one last throw of the dice in a major cabinet reshuffleFree daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
11/17/2023 • 58 minutes, 6 seconds
M&A Explained Part 3: Buying to boost ESG & Cashing in from underperforming companies
In the third episode of this four-part mini-series on M&A, we take a look at ESG through the lens of the latest Glencore deal to buy the coal division of Canada’s Teck, grab a quick Joe & the Juice as private equity money looks to cash in and explore why Germany are looking to acquire Dutch owned Tennet to sure up their national security.Take our free M&A Finance Accelerator simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
11/16/2023 • 29 minutes, 20 seconds
M&A Explained Part 2: Three Reasons For Making Acquisitions
In the second episode of this four-part series, we look at the different reasons that drive the decision to acquire another company.Whether it be to gain political influence, or to make the most of potential revenue and cost synergies, we'll examine each scenario incorporating real-life examples so it's super easy to understand!Register for the next M&A Finance Accelerator simulation www.amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
11/10/2023 • 30 minutes, 58 seconds
MM131: Is Bitcoin heading to $150,000?!
Last week, the price of Bitcoin reached $35,000, its highest level since May 2022. So why has the cryptocurrency woken from its slumber and how far can this recent rally go?Also, in this week's podcast episode:FTX founder Sam Bankman-Fried has been convicted of fraud and money laundering by a New York jury and is set to face up to 110 years in prison!Apple's latest earnings disappoint but why context is important when looking at their long-term performance US stocks rally sharply this week as US yields dropped on a dovish pivot from the US Federal ReserveFree daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
11/3/2023 • 44 minutes, 33 seconds
M&A Explained Part 1: Economies of Scale & Reacting to Competition
Over the next four episodes, we will use the latest deal announcements to better understand why M&A happens. We will look at textbook (and non-textbook) deal rationale for acquiring, and selling, which will help you nail interviews and assessment centres.Each week we will look at three key reasons why a company might go on the hunt for acquisitions, and one reason why a company might be ready to sell.In the first episode of the series, we will be looking at Economies of Scale and Reacting to Competition – using Shein’s acquisition of Missguided and Google’s $2bn investment in AI company Anthropic. We will also be looking at the recent wave of mega deals in the Oil and Gas sector to see how the weight of cold-hard cash acts as a reason to go out and find some acquisitions.Finally, we will be using Intel and Blackberry to discuss the logic of spinoffs and the rationale behind selling the family silver.Sign up for the free M&A Finance Accelerator Simulation https://amplifyme.com/mafa Hosted on Acast. See acast.com/privacy for more information.
11/1/2023 • 31 minutes, 32 seconds
MM130: Microsoft's AI edge & Chevron's biggest M&A deal ever
In this podcast episode, we take a deep dive into the numbers of Microsoft and Alphabet (Google) who had a mixed reception on Wall Street as the AI battle rages and Cloud competition remains fierce.The conversation then pivots to more mega-deals in the US energy sector as Chevron looks to buy US oil and gas producer Hess Corporation in a $53bn all-stock deal.Find out why a little country in South America holds the key for major oil corporations in the US.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/27/2023 • 49 minutes, 5 seconds
How to enhance your Investment Banking applications through sector selection
Are you eyeing a future in investment banking, but puzzled about which sector to choose? Join us in this podcast episode as Anthony Cheung and Silvia Magni guide you through the maze of sector selection and explain its impact on your Investment Banking application.Get insights on:Understanding the diverse sector teamsExploring the nuances of tech, natural resources, and financial sectorsThe variations among valuation modelsStrategies to showcase your enthusiasmA peek into the daily life and the prospective career paths in the industryMake sector selection work to your advantage in your IBD applications and set yourself apart from the competition!Free daily newsletter https://bit.ly/3Oeu4WkDates for the next M&A Finance Accelerator simulation will be announced via the newsletter!Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Conect with Silvia https://www.linkedin.com/in/silvia-magni-3a69181a3/ Hosted on Acast. See acast.com/privacy for more information.
10/25/2023 • 46 minutes, 18 seconds
Investment Bank Application Tips from a J.P. Morgan IBD Summer Analyst
A special podcast episode to help everyone who is currently in the midst of applications!I'm joined by Gauri Duhan, a final-year PPE student at LSE who interned at J.P. Morgan this summer and secured a return offer to join their UK M&A team in the investment banking division.In this conversation, we cover:How to handle applications (quality vs quantity)Tackling online tests (numerical)Advice for HireVue interviewsTechnical and behavioural interviews (preparation & execution)Dealing with pressure at an assessment centreHere is the list of resources mentioned by Gauri:https://www.jobtestprep.co.uk/https://www.assessmentday.co.uk/https://www.graduatesfirst.com/https://apps.apple.com/us/app/mimir-mental-math-lite/id416770677Connect with Gauri https://www.linkedin.com/in/gauriduhan/Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
10/23/2023 • 37 minutes, 40 seconds
MM129: Unlocking Success: The ONE Essential Characteristic for Traders, Graduates, and Business Owners
This week we delve deep into the single, most essential trait that has proven vital across diverse fields - be it trade, academics, internships, or entrepreneurship. It's the one characteristic that unites successful traders, top-achieving graduates, and savvy business owners. What is it? You'll need to listen to find out!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/20/2023 • 54 minutes, 54 seconds
The Deal Room: Goldman's profit tanks, Man U slumps & Birkenflops!
Goldman Sachs reported a 36% drop in third-quarter profits, the bank’s eighth straight quarter of falling earnings BUT eked out a year-on-year increase in investment banking revenues for the first time in almost two years.Should DJ Sol be hanging up more than his decks? Or is this an effective pivot from the US investment bank which is now over the worst?Meanwhile, shares in Manchester United slumped after the Qatari group withdrew from their 100% bid for the football club and we review what Birken'flop' means for the IPO market going forward.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/cxE36 Hosted on Acast. See acast.com/privacy for more information.
10/18/2023 • 27 minutes, 38 seconds
MM128: Everything you need to know about J.P. Morgan, BlackRock, Citi and Wells Fargo's earnings!
Everything you need to know about today's earnings from J.P. Morgan, BlackRock, Citi and Wells FargoOn The Trading Floor podcast series this week we unpack the first of the major investment banks to report Q3 earnings.If you're in the process of applying to these firms, don't miss out on this episode. A "must-listen" to significantly enhance your applications!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/13/2023 • 41 minutes, 39 seconds
The Deal Room: Citi strikes a $3.6bn deal with HSBC & ExxonMobil looks to acquire Pioneer for $56bn
In The Deal Room this week the team discuss:Citi's decision to sell its $3.6bn China consumer wealth portfolio to HSBC. Find out the strategy behind the deal and what might come next for the UK-listed bank.ExxonMobil is embarking on one of the biggest M&A deals of the year. The acquisition represents the first big move of an oil Supermajor in the Permian Basin, the USA’s largest oil-producing region.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/nuQ59 Hosted on Acast. See acast.com/privacy for more information.
10/11/2023 • 29 minutes, 9 seconds
MM127: Why surging yields may break the financial system!
World's biggest bond market hits a wave of sellingGlobal bonds at the mercy of Treasuries in an echo of 2020 debt sell-offTreasury-bond collapse ranks among the worst crashes in historyBloomberg has reported losses on Treasury bonds with maturities of 10 years or more had notched 46% since March 2020, while the 30-year bond had plunged 53%. Those losses are nearly in line with stock-market losses seen during the worst crashes of recent history — when equities slumped 49% after the dot-com bubble burst and 57% in the aftermath of 2008.In this podcast episode, we attempt to step out of the hysteria, re-examine what caused this move and look at the effects it may have on US/European banks, debt markets, pension funds, and the private equity community.If you have an interview or an assessment centre coming up then you MUST listen to this episode!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/6/2023 • 39 minutes, 38 seconds
The Deal Room: Bill Ackman on a potential deal with Elon Musk's X & Birkenstock's $10bn IPO
Welcome back to the Deal Room on the AmplifyME podcast where this week our Director of Corporate Finance Stephen Barnett unpacks three themes in focus this week:Bill Ackman the famous activist investor has said that he would consider taking Elon Musk's 'X' public. You've heard of a SPAC but what's a SPARC?!The IPO run continues with Birkenstock the German footwear maker about to fetch a valuation of $10.1bnWith M&A deals starting to liven up, we take a look at what dealmakers need to do to avoid missing out on the target of $3 trillion in deal volume for the first time since 2013Join the next M&A Finance Accelerator simulation https://shorturl.at/dmJO5Free daily newsletter https://bit.ly/3Oeu4WkConnect with Anthony https://www.linkedin.com/in/anthonych...Connect with Stephen https://shorturl.at/mrzQ0 Hosted on Acast. See acast.com/privacy for more information.
10/4/2023 • 33 minutes, 47 seconds
MM126: Could surging oil prices lead to an economic collapse?
AmplifyME co-founder Piers Curran returns to the show to deconstruct what exactly is going on in the oil market and the potential impact it could have on the global economy.This is a great episode to really connect the dots and better understand how financial markets and the economy operate.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/29/2023 • 35 minutes, 17 seconds
The Deal Room: Will Private Equity be at the centre of the next financial crisis?
Private equity firms have been increasingly adding another layer of debt to their complex borrowing arrangements, raising concern among some investors about potential risks to the wider industry and the financial system.In this episode, Director of Corporate Finance Stephen Barnett explains how the PE business model works, how it's impacted by rising interest rates, and what the potential dangers are to the wider system.Get advance registration for the next M&A Finance Accelerator simulation https://shorturl.at/dmJO5Free daily newsletter https://bit.ly/3Oeu4WkConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/mrzQ0 Hosted on Acast. See acast.com/privacy for more information.
9/27/2023 • 38 minutes, 33 seconds
From Trading to Netflix: How Andrew Osayemi overcame the odds to achieve success across his career
Andrew came from humble beginnings. Born in Peckham, London, success as a young person was just about not getting into trouble!Fast forward to today and he has worked in New York as a trader, is an award-winning TV producer and has been instrumental in setting up a wide variety of diversity initiatives across the finance industry.However, it has not been without its challenges.In this conversation, Andrew not only tells his story but shares the lessons he learned along the way.Insightful but also inspirational, this is a must-listen episode!*********Given it is application season, Andrew has kindly made his book 'The Successful Student Job Hunter' FREE on Amazon for this weekend only!(Select kindle version - £0.00 to get the free version. No kindle needed – you can use amazon free online kindle reader)Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/andrew-osayemi/ Hosted on Acast. See acast.com/privacy for more information.
9/22/2023 • 40 minutes, 32 seconds
The Deal Room: The IPO market re-opens & how to leverage this for your banking applications!
The past two weeks have seen some big names come to market including the likes of Arm, Instacart, Klayvio and Birkenstock.While there are similarities, there are also unique differences. From the sector, strategy, and end outcome for founders and venture capitalists, this is a great episode for anyone interested in working in Equity Capital Markets (ECM).Better still, Stephen Barnett, our Director of Corporate Finance shares some great insight on the role that investment banks play in the IPO process, a MUST listen segment that will really make your applications standout!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
9/20/2023 • 41 minutes, 28 seconds
The Deal Room: Arm IPO explained
Arm, the chip designer owned by SoftBank is set to secure at least the top end of the price range in its initial public offering, which would command a $54.5bn valuation.Who is Arm?What is their business model? Why are there so many banks involved in running the deal? What are anchor investors?What can you expect on pricing and the first day of trading?All these questions and more are answered by our Director of Corporate Finance Stephen Barnett.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
9/13/2023 • 29 minutes, 16 seconds
Career Insight: Equity Research Analyst explained
In the spirit of application season and making sure you apply to the right role for you, our latest podcast episode is a deep dive into the role of an equity research analyst.Where does Equity Research sit in an Investment Bank? How is the division structured in terms of teams/focus?What are the main tasks of an Equity Research Analyst?What are the key skills necessary to have success in this role?To help answer these questions, I'm joined by our very own Silvia Magni, a former equity research analyst at a tier 1 US investment bank.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Silvia https://shorturl.at/kIKW5 Hosted on Acast. See acast.com/privacy for more information.
9/8/2023 • 29 minutes, 24 seconds
The Deal Room: How Middle Eastern money is fuelling M&A activity and why Kylie Jenner wants back in!
Director of Corporate Finance Stephen Barnett returns to the show to answer questions on the following three themes:Big money coming out of oil-rich Gulf countries is helping the Middle East buck the global M&A trend. So what's the strategy, how important is 'soft' power and where might there be opportunities for aspiring young bankers?We've covered Kim so it's over to Kylie! Reports this week that Kylie Jenner has explored buying back Coty's $600mn stake in her makeup brand. What were the mechanics of the deal and why does so want her company back?OpenAI rival Cohere is tapping the likes of JPMorgan and Goldman for financing, but why are they raising money again so soon and how can these banks help the process?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
9/6/2023 • 30 minutes, 55 seconds
MM125: Is the UK housing market about to crash?
In our latest podcast episode, I talk to AmplifyME co-founder Piers Curran on three major topics:1 - UK house prices have fallen at the fastest rate since 2009. How bad will it get and why Denmark might have the solution to Britain's broken housing market2 - UBS posted the biggest-ever quarterly profit in banking history this week, so how exactly did they pull it off?3 - Is the US labour market starting to show some cracks and why this is actually good news for the stock market!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/1/2023 • 44 minutes, 56 seconds
MM124: Is Nvidia overvalued and why the expansion of the BRICS matters to the West and the rest!
Nvidia reported an incredible 88% jump in revenue this week driven by the ongoing demand for AI chips. However, their shares finished the session flat. What is a fair valuation for the tech stock and can its shares continue to rise?The BRICS (Brazil, Russia, India, China, South Africa) launched their biggest expansion in its history but what is this group of nations, why the additions and what are the long-term implications for the West?Find out the answers to these questions with our Chief Content & Culture Officer Anthony Cheung and Co-Founder Piers Curran.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
8/25/2023 • 44 minutes, 32 seconds
The Deal Room: The Venture Fund that changed everything!
In this episode, Director of Corporate Finance Stephen Barnett dives into Softbank's $100bn Vision Fund.Here's what you can expect:- The history of Softbank and the creation of the Vision fund- How the size of the fund changed venture capital – and not necessarily for the good- WeWork as a case study for the venture boom- The impact of higher interest rates and market drawback on Softbank- Where this leaves us in the summer of 2023Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
8/23/2023 • 19 minutes, 59 seconds
The Deal Room: Working in venture debt and how to break into early stage funding with Ross Fleck, Managing Director at Comerica (PART 2)
In this wide-ranging interview, our Director of Corporate Finance Stephen Barnett speaks to Ross about:What working for a world-class team feels likeHow to leave jobs you love and make hard career decisionsThe differences between a global bank + a regional bankWhy mentors don’t always need to be your seniorsWhat is venture debt, and how to break into early-stage fundingBest career advice for young people looking to break into financeWhat podcast all young people should be tuning intoAnd much more!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
8/18/2023 • 23 minutes, 20 seconds
The Deal Room: Bulge bracket vs Boutique and how to navigate your career in finance with Ross Fleck, Managing Director at Comerica (PART 1)
In this wide-ranging interview, Our Director of Corporate Finance Stephen Barnett talks to Ross about:Why taking multiple gap years might make sense and the benefits of an MBAWhy being a jack of all trades is beneficial to banks, and to your careerHow to navigate assessment centres (in the face of adversity)Why soft skills are most important to develop at an early age (the rest you can learn)Why it’s important to have a plan, but also embrace flexibility and learn from every role you getThe importance of being yourself – taking the job seriously, but not yourselfWhy the perfect job doesn’t exist, and your career is only one facet of your life and personalityAnd much more!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
8/16/2023 • 21 minutes, 11 seconds
The Deal Room: Why Private Equity is Lionel Messi's biggest fan!
Ares Management, one of the world’s largest private equity investors, recently announced a new $75mn investment into Major League Soccer's (MLS) Inter Miami.In this episode, Director of Corporate Finance Stephen Barnett breaks down the mechanics of the deal and why the likes of David Rubenstein, co-founder of the Carlyle Group, has stated that "It’s very difficult to buy a sports team and lose money!"With an investment strategy that makes investing in the stock market look boring to guest appearances from the likes of David Beckham and Michael Jordan, this is an episode not to miss.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://shorturl.at/hvwE3 Hosted on Acast. See acast.com/privacy for more information.
8/9/2023 • 31 minutes, 3 seconds
Apple & Amazon earnings explained and why the US downgrade shouldn't come as a surprise!
Find out why despite Apple's drop in revenue the company has crossed an important milestone with its Services division and how aggressive and consistent job cuts, amid a surprisingly resilient US economy, has Amazon feeling optimistic about the future.Meanwhile, ratings agency Fitch downgraded the United States earlier this week to much fanfare in mainstream media. So how important is this news for markets? Why did they take such action? Is the erosion of governance only going to get worse?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
8/4/2023 • 18 minutes, 37 seconds
The Deal Room: Challenges of direct listing and how SPAC deals work
In this conversation, our Director of Corporate Finance Stephen unpicks the changing IPO landscape and looks at the challenges of direct listing and the structure of SPAC deals using real-life examples in focus today.A great listen for anyone interested in banking to better understand the importance of strong fundamentals, investor awareness, and careful consideration of structural aspects when a company seeks to go public through these alternative methods.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://tinyurl.com/4h24y8jn Hosted on Acast. See acast.com/privacy for more information.
8/2/2023 • 30 minutes, 38 seconds
MM122: BIG tech earnings & yield curve control explained?
A BIG week for global markets, from tech earnings to central bank decisions, get the full low down.On the trading floor this week, Anthony and Piers discuss:Meta makes a comeback, Google excels on advertising spend and Microsoft posts tepid numbers. Get up to speed on the latest earnings reports from the world's largest tech names.A dovish Fed, soft landings, and yield curve control. Find out what happened in this week's Fed, ECB, and BoJ monetary policy decisions.The bluebird is no more as Twitter becomes 'X', but why is Elon Musk ripping up the marketing textbook and will it work?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/28/2023 • 56 minutes, 32 seconds
The Deal Room: The IPO market starts to thaw & CVC Capital Partners raises €26bn for the largest buyout fund in history
Stephen Barnett, our Director of Corporate Finance goes solo this week to cover three major topics in focus:Oddity IPO - The Israeli company ('where beauty meets Israeli technology') debuted on the Nasdaq. Lead book-running managers Morgan Stanley, Goldman Sachs, and Allen & Co. priced the IPO at $35, raising $424mn and achieving a first-day IPO 'pop' of over $35%!Cava IPO - The US fast food restaurant chain achieves a whopping 100% first-day pop on its opening day. Did underwriters J.P. Morgan, Citi, and Jefferies get the offer price wrong?CVC raises the largest buyout fund in history. The €26bn fund, which topped Blackstone's $26bn buyout fund, raised in 2019, suggests that investor demand for Private Equity is still high, despite clear headwinds.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Stephen https://tinyurl.com/4h24y8jn Hosted on Acast. See acast.com/privacy for more information.
7/26/2023 • 23 minutes, 29 seconds
MM121: Goldman profit plunges & has the UK turned the corner with inflation?
I am joined by co-founder Piers Curran to talk over three themes in markets this week:1) Goldman Slumps - the US investment bank reported its lowest quarterly profit in almost six years, weighed down by falling trading and investment banking. Was this unexpected? What does it mean for the fate of CEO David Solomon?2) Tesla’s profit margins slipped in the latest quarter as a series of price cuts this year weighed on its earnings and Netflix's password-sharing crackdown pays off with nearly 6mn new subscribers. We take a look at what we've learned from their latest corporate earnings reports.3) Has the UK finally caught a break as inflation fell to a 15-month low resulting in the British Pound trading back below 1.3000 and traders reigning in their rate hike expectations for the Bank of England.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
This week I've pulled on the best minds at AmplifyME on Markets and Banking as Piers Curran and Stephen Barnett deconstruct the first of the big Wall Street banks to report their Q2 performance.We look beyond the headlines to explore the reasons behind the performance in different divisions, the impact of the macro climate, and how their business strategies differ.If you are applying to one of these financial institutions this is a must listen episode! Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
7/14/2023 • 53 minutes, 36 seconds
The Deal Room: How To Lose $25bn - FIS Sells Worldpay In Largest Corporate Carveout In A Decade
The main topic of conversation this week is Fidelity National Information Services who have agreed to sell a majority stake in its merchant payments arm Worldpay to private equity firm GTCR, valuing the business at up to $18.5bn. In fact, this is one of the largest corporate carve-outs in history!Get an overview of the deal, its structure, and the role of syndicated debt explained in a super easy-to-understand way by our Director of Corporate Finance Stephen Barnett.There's even a quick update on the breaking news regarding Microsoft's acquisition of Activision Blizzard. Want to work in corporate finance, then this is one not to miss!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://tinyurl.com/4h24y8jn Hosted on Acast. See acast.com/privacy for more information.
7/12/2023 • 27 minutes, 6 seconds
MM119: When 'good' news is 'bad' news for markets & Are OPEC+ fighting a losing battle?
Co-founder Piers Curran returns to the Friday show to discuss:US interest rate expectations - Has the market gone too far, what does an inverted yield curve imply, and why a resilient economy is actually bad news for markets!UK mortgage crisis - Should you be worried?, how far north will interest rates rise and why the UK economic situation is the same but different from the USOPEC+ cut again - Russia joins Saudi Arabia in committing to supply cuts but are they fighting a losing battle?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/7/2023 • 51 minutes, 44 seconds
MM118: Traders boost bets on more Fed rate hikes & 5 tips for investment bank applications!
In this week's global markets episode, we talk about:Jerome Powell, Christine Lagarde and Andrew Bailey gathered at the ECB forum on central banking held in Sintra Portugal. Find out what was said and the current outlook for the three major central banks.US data surprised to the upside this week ramping up bets for the Fed to continue to tighten policy in the months ahead.US banks passed the Fed's stress tests but one major financial institution is drawing more attention than others.Guest speaker Mithesh Duddekunta provides his top 5 tips for managing your applications to roles in finance, including a secret tool that will make a HUGE difference!Application Tracker! https://tinyurl.com/5pf8mk77Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Mithesh https://www.linkedin.com/in/mithesh-duddekunta/ Hosted on Acast. See acast.com/privacy for more information.
6/30/2023 • 21 minutes, 45 seconds
The Deal Room: Aston Martin strikes Lucid EV deal & SpaceX tender offer explained
Welcome back to The Deal Room, our mid-week show where we talk all things corporate finance.Up for discussion in this episode:- Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150bn. So what is a tender offer and why is space a growth area?- Aston Martin has struck a strategic supply agreement for high-performance EVs with U.S.-based Lucid Group. We unpick the deal rationale and what role the Saudi Public Investment Fund (PIF) has to play.- Goldman Sachs is set to lay off 125 managing directors in the third round of job cuts in less than a year. We discuss the cyclical nature of IBD.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
6/28/2023 • 38 minutes, 32 seconds
Bank of England Shocks Markets & 5 Useful Tips If You Don't Have An Internship This Summer
Welcome back to The Trading Floor, where I'm joined by Stephen to deconstruct some of the major news in markets this week with the addition of some career tips from the students in our community!What to expect in this episode:MARKETS- The Bank of England hiked interest rates by more than expected. What are the risks for the UK mortgage market and its impact on markets?- Nvidia now tops Tesla as ESG funds ratchet up exposure to AI, but what exactly is an ESG rating? And can you actually invest for good?CAREERS- 5 tips on how you can still secure a graduate role in finance even if you haven't secured an internship before!- Non-traditional ways to break into corporate finance rolesFree daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
6/23/2023 • 44 minutes, 59 seconds
The Deal Room: Private Equity's Unique Subway Sandwich!
What has Subway, your mobile phone, and the largest retailer in China have to do with investment banking?Find out in the latest episode of 'The Deal Room' where Director of Corporate Finance Stephen Barnett and Co-founder Piers Curran look to use the latest headlines as case studies to explain various concepts in banking.So whether it's understanding the logic of conglomerates and verticalisation, or capital structures and leverage finance, we take these important topics and bring them to life in a way that everyone can understand!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
6/22/2023 • 45 minutes, 55 seconds
MM16: Fed, ECB and BoJ update and what to look out for next week in global markets
This week I'm flying solo with a quick 10 minute wrap-up of the major events in global markets this week.Find out why global stocks are headed for their best week in more than two months and get up to speed on the latest policy announcements from the US Federal Reserve, European Central Bank, and the Bank of Japan.There are also two key events I'm watching out for next week but you'll have to listen to find out what they are!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
6/16/2023 • 10 minutes, 54 seconds
The Deal Room: Big Pharma M&A Splurge & Kim Kardashian's Private Equity Fund
Welcome back to The Deal Room where I get the latest thoughts from our Director of Corporate Finance Stephen Barnett as he connects the dots from classroom theory to real-life examples in the news this week.In this episode, we cover:- Big Pharma dealmaking recovers with $85bn M&A splurge. What makes this sector unique and how are different deal teams structured in an investment bank?- Sticking with the AI theme, Artificial intelligence startup Cohere has raised $270mn from a mix of venture capital and strategic investors including Oracle and Nvidia. We haven't discussed venture funding so far so we deep dive into what you need to know and the tactics behind big business strategy- Kim Kardashian recently presented her debut private equity fund to a sea of curious investors in Berlin at the SuperReturn conference. Find out what's the story, the structure of the fund and whether Kim has a unique edge.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
6/14/2023 • 37 minutes, 8 seconds
MM115: The PGA-LIV Merger Explained & Saudi Arabia's Oil Market Gamble
Welcome back to The Trading Floor and this week I'm joined by Stephen to talk about some of the main headlines in global markets.In this episode, we focus on two topics:1) The PGA Tour has agreed to merge with Saudi-backed rival LIV Golf. We will discuss the background, the merger, and perhaps a villain or two!2) Saudi Energy Minister Prince Abdulaziz delivered a "Saudi lollipop" this week. What exactly does that mean? Why is Saudi Arabia cutting production? And will the Saudi plan succeed?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
6/9/2023 • 50 minutes, 18 seconds
The Deal Room: 'Succession' Explained - How Similar Is The TV Show To Reality?!
Join our Director of Corporate Finance Stephen Barnett as he attempts to explain the world of corporate finance and deal-making through the lens of the hit TV show Succession.Acquisitions, takeovers, and succession planning. All of these are prominent areas of activity for an investment banker and in this episode we apply these concepts to the world of Waystar Royco and Gojo technologies.So sit back, put the headphones on and enjoy learning about how the world of finance works in a way that everyone from any background can understand!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
6/7/2023 • 22 minutes, 6 seconds
MM114: Is a US debt ceiling deal actually bad for stocks?!
On The Trading Floor this week, Piers and I discuss three hot topics:1) Now a US debt ceiling deal has been struck what next for financial markets?2) Stocks are still going up, mainly led by big tech but market commentators keep talking about a narrow market, so what exactly does that mean?3) Apple's next big product The Reality Pro headset, is expected to be announced at Apple's developer conference on Monday 5th June. Smash hit or too late to the party?!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
6/2/2023 • 42 minutes, 25 seconds
The Deal Room: Manchester United And The Lure of Trophy Assets
Welcome back to the latest episode of 'The Deal Room' where I'm joined by our Director of Corporate Finance Stephen Barnett.This week, we use Manchester United as a case study to better understand the roles of the banker, the strategist, and the private equity investor.We also explore the rationale behind why so many prized companies are leaving London for New York and why J.P. Morgan was more than happy to get their hands on First Republic in the wake of the SVB crisis.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
5/31/2023 • 47 minutes, 48 seconds
MM113: Nvidia's blowout earnings & is the bear market rally about to end?
Welcome back to the Friday podcast where I'm joined by AmplifyME co-founder Piers Curran to talk all things global markets.Three hot topics up for discussion this week:1) Nvidia's earnings, which resulted in their shares skyrocketing 25% to become the fourth largest company in the Nasdaq 100. We look at whether the company is worth the hype.2) We scratch beneath the surface of the current stock market rally and look at some potential warning signs that we may be nearing the end of the bear market rally.3) Status check on the US debt ceiling negotiations as the clock runs down. We share the timeline on what to watch out for in the coming days.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/26/2023 • 38 minutes, 47 seconds
The Deal Room: Blackstone takes the hit on Bumble - why PE is taking a loss on its listed portfolio
Welcome to a brand new series coming at you every Wednesday where I'm joined by Stephen Barnett our Director of Corporate Finance at AmplifyME.The objective of 'The Deal Room' is to complement our end-of-week chat about global markets with a more M&A and Private Equity deal-focused discussion.To kick things off this week, we talk about why Private Equity groups are increasingly selling shares in portfolio companies at a discount to the price at which they went public, what's going on with the $69bn Microsoft purchase of Activision Blizzard, and discuss one of the biggest deals of the week - Chevron's $6.3bn bid for PDC Energy.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
5/24/2023 • 39 minutes, 32 seconds
MM112: Is the US heading for an 'economic and financial catastrophe'?!
Talk about the US debt ceiling is starting to heat up. US Treasury Secretary Janet Yellen urged Congress on Thursday to raise its debt ceiling, warning that a US default would produce an “economic and financial catastrophe” that would trigger a global economic downturn and risk undermining the country’s ability to provide global leadership.So what is the debt ceiling? could we default? and might former President Donald Trump have the best negotiating tactics?!We also discuss US inflation after the April CPI report saw the headline figure drop below 5% for the first time in two years, and we take a look at why major investment banks have changed their tune on the prospects for the British Pound.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/12/2023 • 44 minutes, 57 seconds
MM111: The US banking crisis claims another victim
In this episode, Piers and I take stock of the US banking crisis after regulators seized and sold First Republic Bank to J.P. Morgan marking the second-largest bank failure in US history.We recap what caused this situation, will there be more casualties and are the Fed to blame?Next up is the latest earnings from tech giant Apple and we explain why CEO Tim Cook is getting excited about India!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/5/2023 • 49 minutes, 51 seconds
Working at an Investment Bank: How to stand out as an Analyst or Associate (Part 3)
The third and final career insight with John Normand - 'How to stand out as an Analyst or Associate'.Saving the best until last, this episode is a must-listen for any student considering working in financial markets.In this conversation, we cover:Attributes of good analysts and associatesEntering finance from a non-traditional backgroundThe value of newer credentials (Quant skills)Remember, you can check out the first two episodes now on your preferred podcast platform to listen to my previous conversations with John who was a Managing Director and Head of Cross-Asset Fundamental strategy at J.P. Morgan for 25 years. Hosted on Acast. See acast.com/privacy for more information.
5/3/2023 • 25 minutes, 7 seconds
MM110: The importance of AI, cloud computing and advertising at big tech firms
Earnings from the tech giants Meta, Microsoft, Alphabet, and Amazon were a positive surprise for Wall Street investors. So what were the numbers that mattered?We talk about how AI, cloud computing, and advertising are key areas that connect these titans of industry, but in the end, who will come out on top?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
4/28/2023 • 40 minutes, 30 seconds
Working at an Investment Bank: Work/Life Balance (Part 2)
This is the second installment with former J.P. Morgan Managing Director John Normand, who gives a detailed and honest account of what to consider and how to think about your future career in finance.Here's what you can expect from episode two of this three-part series:- Good job at a bad company, or bad job at a good company?- Why John stayed at JPM for 25 years- The conflict between being a producer and being a manager- The trade-off between managing your personal and professional life- Goal setting and tips for achieving success- The role of luck in your careerRemember, you can check out the first episode now (Perception vs the Reality of Working at an Investment Bank) on your preferred podcast platform, and don't forget to subscribe and turn on your notifications to catch the final episode next week! Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with John https://www.linkedin.com/in/john-normand-4b902b55/ Connect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
4/26/2023 • 23 minutes, 53 seconds
MM109: Why Tesla shares could rally over 1,000% & Goldman Sachs feels the pain
In this episode, Piers and I look at four stories in focus this week, from Tesla earnings and insane price target, to how AI is being used in trading and why Goldman Sachs is having a rough time at the moment.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
4/21/2023 • 54 minutes, 12 seconds
Working at an Investment Bank: Perception vs the Reality (Part 1)
This is a must-listen for any student interested in working in finance as John Normand, a former 25-year veteran in Global Markets at J.P. Morgan, gives a detailed and honest account of what to consider and how to think about your future.In this first of three episodes, John explains how he came to work in finance before we then tackle two important questions:What's the perception vs the reality of working in finance?His best and worst experiences working in the industry?Lots more amazing content coming in the following weeks, including common attributes of successful analysts and associates, work/life balance, and how to set goals and manage expectations.Make sure you follow the AmplifyME Market Maker podcast and turn on your notifications!Follow John on LinkedIn https://bit.ly/43N0kanConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
4/19/2023 • 27 minutes, 53 seconds
MM108: Elon Musk's 'everything app' & the latest US bank earnings
Early this week, Twitter merged with X Corp. as Elon Musk advances his idea of an 'everything app'. We discuss Musk's obsession with 'X' and where it all began and explore some of the potential barriers to achieving his vision.We then examine the first of the major US banks to report Q1 earnings. It comes as shares in J.P Morgan rose sharply after the firm boosted its outlook for lending profits and said it added $37bn in deposits in the first three months of the year in the wake of Silicon Valley Bank’s collapse.Find out what this means for JP, the banking sector, the probability of a US recession, and the decisions to come for the Federal Reserve.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
4/14/2023 • 42 minutes, 5 seconds
MM107: Nasdaq 100 moves back into a bull market!
The Nasdaq 100 Index surged into a new bull market Wednesday for the first time in nearly three years.Technology stocks have outperformed this year as investors speculate that weakening economic data and the risk of a recession, heightened by recent bank stresses, may prompt the Federal Reserve to stop raising interest rates sooner than expected.So the big question is can it last?We also discuss the dire state of global dealmaking, why it's gold's time to shine, the rationale behind the Sergio Ermotti callback at UBS, and why the folk at Klarna are not happy!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
3/31/2023 • 44 minutes, 22 seconds
MM106: Deutsche Bank triggers a slide in European bank shares
In this episode, Piers and I take a look at the Deutsche Bank whose shares have fallen as much as 15% at the time of recording on Friday, dragging the entire European banking sector with it. In fact, the German bank has now lost more than a fifth of its value so far this month!So what's happened? Will they follow a similar fate to Credit Suisse? Or are they too big to fail?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/Anthony on BBC News this week https://bbc.in/3lHfHQI Hosted on Acast. See acast.com/privacy for more information.
3/24/2023 • 32 minutes, 29 seconds
How to make your finance application standout with Bloomberg EMEA Early Careers Recruiter Bethany Anstey
In this interview, I'm joined by Bethany Anstey, who is an EMEA Early Careers Recruiter at Bloomberg.In this conversation, Beth shares some invaluable tips for students applying for roles in finance as well as an insight into the culture at Bloomberg, one of the world's premier distributors of financial news and data.- Introduction - Common mistakes from applicants - What makes a candidate stand out - What is the type of candidate that Bloomberg hires - The importance of your professional brand - Steps to find the right role and company to work for - Tips for networking on LinkedIn and email Connect with Beth https://www.linkedin.com/in/bethanyanstey/Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5r Hosted on Acast. See acast.com/privacy for more information.
3/22/2023 • 20 minutes, 54 seconds
MM105: What just happened to Credit Suisse and should you be worried?
In this episode, we focus on the Swiss firm Credit Suisse after their shares fell over 30% on Wednesday this week. In fact, the headline of the Daily Telegraph, a major news publication in the UK read, "Swiss bank crash stokes fears of a new global crisis as UK officials scramble to help prop up the bank as the meltdown overshadowed the budget"Sensational? Or is this really the start of something bigger?We discuss what triggered the crash, why the shares are now up sharply, how this differs to the recent demise of Silicon Valley Bank (SVB), the potential for contagion in the eurozone and its impact on the ECB, and what to look out for next for both Credit Suisse and the broader global economy.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
3/16/2023 • 42 minutes, 2 seconds
MM104: Silicon Valley Bank (SVB) contagion fears spark a global banking sell-off
In this episode, we take a look at what exactly happened to SVB and why the collapse in their share price on Thursday rippled through the banking sector resulting in the largest four US banks losing some $47bn of market value in just one day.Was the move justified? Could one of the larger banks also fall victim to the same issue? We explain some key areas to watch in the coming days.We also review the major shift in Fed language this week after Fed Chair Jerome Powell stated that the Federal Reserve will likely need to raise interest rates more than expected in response to recent strong data and is prepared to move in larger steps if the "totality" of incoming information suggests tougher measures are needed to control inflation.Find out what this means for market expectations and why the next 3 days of trading will be critical for global financial markets.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
3/10/2023 • 25 minutes, 46 seconds
MM103: The demise of the London Stock Exchange as Arm and CRH chose New York
In this episode, Piers and I unpack the headline 'Fears for the future of the London Stock Exchange' as SoftBank and the world’s largest building materials group CRH, shunned the City in favour of New York.We look at where London sits in the context of the global exchanges, what makes New York more attractive and what can the UK government do to stop what has been a gradual decline of the UK's influence over the past 170 years.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
3/3/2023 • 38 minutes, 44 seconds
MM102: J.P. Morgan's $1trl target & why good data is bad news for stocks!
In this episode, Piers joins me from NYC as we discuss why Morgan Stanley thinks the largest bank in the US could more than double its size in the coming years. We explain how the structure at JPM differs from pure investment banks like Goldman Sachs and the implication this has on their share price and investability. On the macro side, stocks have continued to grind lower as recent strong data out of the US has made market participants think twice about a Fed pivot. Find out what's been going on and why Morgan Stanley think things are about to get a lot worse!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/Social Media handles: ►Twitter: @amplifytrading @AWMCheung @pierscurran►Instagram: @amplifyme►TikTok: @amplifyme Hosted on Acast. See acast.com/privacy for more information.
2/24/2023 • 30 minutes, 9 seconds
MM101: Adani crisis & activist short selling explained
Seven key Adani companies have lost at least a combined $110 billion in value after US-based short seller Hindenburg Research alleged improper use of offshore tax havens and stock manipulation by the conglomerate. The Adani Group has rejected the criticism and denied any wrongdoing.In this episode, we explore who is Gautam Adani and Hindenburg Research, how activist short selling works and what have been the repercussions of the accusations for the Indian stock market and the wider economy.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
2/10/2023 • 35 minutes, 24 seconds
MM100: BIG tech earnings & why stocks keep on rallying!
All the major tech firms have now reported and it's been quite the opposite of what you might expect. Meta (Facebook) came out trumps while Alphabet (Google) sank!We deconstruct the tech giant earnings and look at whether or not a bad season for most is a sign of things to come or just a temporary blip for these titans of industry.Attention then turns to the rally in stocks following the latest US interest rate announcement from the Federal Reserve. Find out what they said and why bank economists of a bearish disposition are getting nervous.Finally, to mark our 100th episode we are joined by our competition winner Saqib Hussain, a former AmplifyME Summer Analyst who now works at KPMG, who gives us an update on what he's been up to since completing the programme!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rSummer Analyst Training Programme https://bit.ly/3Y3tEpR Connect with Saqib https://www.linkedin.com/in/saqib-hussain-15b1a263/Connect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
2/3/2023 • 1 hour, 2 minutes, 34 seconds
MM099: Microsoft & Tesla earnings and the rise of Citadel
In this episode, we explain what you need to know from the first of the big tech companies to report their corporate earnings this season, Microsoft.We dive into the numbers and explain what they all mean and why investors are most interested in the performance of their cloud computing division. Elsewhere, Citadel has leaped past Bridgewater Associates to be crowned the top hedge fund manager in 2022, making an incredible $16bn profit for investors last year. But who is Citadel and how do they make their money?We finish on why WhatsApp is getting employees at Morgan Stanley in trouble and why the PELOSI Act has Nancy all stressed out!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
1/27/2023 • 55 minutes, 5 seconds
MM098: Investment bank earnings & US debt ceiling explained
In this week's episode, we discuss the latest corporate earnings from some of the world's largest financial institutions. Ever wondered what the difference is between the likes of Goldman Sachs, Morgan Stanley, J.P. Morgan, and BlackRock? We break down the difference between investment banks and boutiques and explain how commercial banking and wealth management fits into the picture. Hopefully, it will serve as good intel to help you make more sense of the industry and be better informed for your future applications.We also discuss the pros and cons of working on the buy-side or sell-side and how that can impact your career progression and earnings.The final segment is reversed for the US debt ceiling after it was reported that the US Treasury is now taking “extraordinary measures” to meet its debt obligations after the US government hit its $31.4tn borrowing limit. Find out what this means and whether investors should be worried.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
1/20/2023 • 56 minutes, 55 seconds
MM097: US inflation cools & the fight for Disney
In this episode, Piers and I dissect this week's US CPI report and discuss what it means for the US central bank and the broader market. The release saw some wild intraday moves and in this conversation we look at how the different types of market participants react to this type of information from high-frequency hedge funds to value investors.In single stock news, we take a look at the fight for Disney as the latest corporate drama pits chief executive Bob Iger against the veteran activist Nelson Peltz. Find out how a proxy fight works and why the magic kingdom is not such a happy place after all!Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
1/13/2023 • 47 minutes, 15 seconds
MM096: 2023 Market Outlook & Tesla: Zero or Hero?
Welcome back to the channel and our first episode of 2023!This week we review how 2022 finished to set the scene for how this year may play out. Breaking down the major macro themes into how that will likely impact stock sector selection for the coming 12 months.Last year, not many people would have predicted that Russia would invade Ukraine, so we take a look at the potential 'Grey Swan' events for this year.Finally, we close on Tesla whose shares continue to slide, but has the dramatic decline meant that the EV maker is now trading at a good valuation?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
1/6/2023 • 58 minutes
MM095: Stocks fall as central banks stay hawkish
Welcome to the final episode of the year!The week was dominated by central bank meetings where the Federal Reserve, Bank of England, and the European Central Bank all raised interest rates by 0.5%, signaling that there is still more tightening to come.The policy decisions came despite a decline in both US and UK CPI readings, so what exactly is the reason for them to stay hawkish and how might this impact asset prices? We explain all you need to know.Thanks to everyone in the community for supporting the show, it's hugely appreciated by myself and all the Amplify team. Wishing you and your family a very Merry Christmas and we'll see you in the New Year!ReTrader competition https://bit.ly/3HnNWVK Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
12/16/2022 • 34 minutes, 55 seconds
CAREER INSIGHT: The ONE standout quality you need to succeed with finance applications!
For this episode, I spoke with Ben Arnold an investment director in value and European equities at Schroders.Ben's got a really unique story. As a teenager, his number 1 dream wasn't to work in finance but rather to play hockey at the Olympic Games. Shortly after graduating from the University of Nottingham in 2012, he started working in the City part-time at RBS while he trained with the GB hockey team in preparation for the Rio Olympics.After spending time playing professionally in the Netherlands, he returned to finance and pivoted his career to work in asset management and is now heavily involved in their recruitment selection process.Ben is a true advocate for social mobility having come from a traditional working-class background and is always a willing candidate to help young people with their career decisions.In this segment, Ben shares with me his top tips for standing out in both the application process and in the workplace.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Ben https://www.linkedin.com/in/ben-arnold-cfa-76398a70/ Connect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
In this episode, I take a look at what Goldman Sachs has to do with crypto. Whether it's picking up extra-institutional volume or seeking recruitment opportunities, the demise of FTX has a silver lining for some of the largest investment banks on Wall Street.Then over to Credit Suisse, whose shares are actually outperforming the broader market today after the Swiss firm raised $4.3bn in a two-pronged capital increase.Finally, England faces France in the quarter-final of the FIFA World Cup this weekend. Find out who has the better track record and my prediction for the winner!ReTrader competition https://bit.ly/3HnNWVK Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
12/9/2022 • 11 minutes, 46 seconds
MM093: Jerome Powell boosts stocks & what to expect from OPEC+
Piers returns to the podcast to talk with me about the latest rise in US stocks following hints from Fed Chairman Jerome Powell that smaller rate hikes are coming. In fact, US stocks had their first streak of back-to-back monthly gains since 2021, with a gradual upward trend punctuated by a sharp rally on the last day of November.We also discuss our thoughts on the upcoming OPEC+ meeting which comes amid the EU agreement to place a price cap on Russian seaborne oil. What will this mean for the price of oil? how might Saudi respond? and is the rising number of covid cases in China something to worry about?Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
12/2/2022 • 26 minutes, 40 seconds
MM092: Fed sees smaller rate hikes coming & the cost of Thanksgiving!
Happy Thanksgiving to any of our US followers! I have some holiday-related stats to quiz you on to get the episode started this week.Then from a market perspective, I cover what information we learned from the latest FOMC minutes, why the UK is set to be one of the worst performers in the G20 over the next two years, and what caused volatility in the oil market this week.Free daily newsletterFree Finance Accelerator simulationConnect with Anthony Hosted on Acast. See acast.com/privacy for more information.
11/25/2022 • 11 minutes, 49 seconds
MM091: Invest like Warren Buffett & the UK budget explained
In this episode, we use the latest Berkshire Hathaway 13F to understand some basic principles in managing a stock portfolio. Buffett's buy-and-hold strategy has served him well but the latest filing shows he's moved further into tech, purchasing a $4.1bn stake in the Taiwanese chipmaker TSMC. Is this a new direction for the 92-year-old Oracle from Omaha?Elsewhere, we review the latest UK budget announcement and Piers explains why he thinks the Bank of England should stop hiking interest rates despite inflation hitting 11.1% this week.Finally, Donald Trump has announced he will run for the US presidency in 2024, vowing "America's comeback starts right now". But first, he'll have to win the Republican Party's nomination. We look at the process and the likelihood of success.Free daily newsletter https://bit.ly/3Oeu4WkFree Finance Accelerator simulation https://bit.ly/3GoyV5rConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
11/18/2022 • 58 minutes, 30 seconds
MM090: FTX fiasco rocks the crypto market
In this episode, we attempt to unpack what exactly happened in the crypto market this week which was rocked by news about FTX and Binance, two of the world's largest crypto exchanges.The move came as FTX CEO and founder Sam Bankman-Fried, who was hailed as something of a savior earlier this year, was subject to an investigation centering on the possibility that the firm used customers’ deposits to fund bets at Bankman-Fried’s hedge fund, Alameda Research.What transpired was one of the fastest collapses of a company in recent history. So what went wrong? who's to blame? and what happens next? - we look to explain!Other topics covered in this episode include, why the S&P 500 posted its biggest one-day rally since 2020 after the latest US CPI report, thoughts on Meta after Zuckerberg slashed 13% of the workforce and admitted he was wrong on strategy, and our initial take on the US mid-term elections.Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
11/11/2022 • 57 minutes, 1 second
CAREER INSIGHT: 'Money Is Everything, Money Is Nothing' with Bilal Hafeez
In this career insight episode, I am joined by Bilal Hafeez who is the CEO, Head of Research and Editor of Macro Hive. He spent over twenty years doing research at big banks – JP Morgan,Deutsche Bank and Nomura, where he had various “Global Head” roles and did FX, rates and cross-markets research.To mark his 25th year in the industry, Bilal has written an article on the 25 lessons learned from 25 years in finance, covering invaluable lessons on finance, business and life.In this conversation, we touch on the following 5 lessons:Money is everything, money is nothingFailure is the best way to level upStart with what you fearBe effective, not efficientLearn every day or quitIt's rare that you get to have private conversation with such an experienced professional and Bilal's open and honest approach is not only refreshing but incredibly insightful.The conversation will hopefully add great value to those about to start their career, all the way up to people who hold leadership positions in a large organisation or a start up. Bilal has done them all and shares his best advice!Check out the full 25 lessons https://macrohive.com/news/25-lessons-from-25-years-in-finance/Free daily newsletter https://bit.ly/3NQbjIBFree Finance Accelerator simulation https://bit.ly/3zSqDPhConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Bilal https://uk.linkedin.com/in/bilal-hafeez-50ba221 Hosted on Acast. See acast.com/privacy for more information.
11/9/2022 • 48 minutes, 22 seconds
MM089: The Fed & BoE divergence and what it means for markets
Piers returns to the show and gives his verdict on the big tech earnings and explains why despite their weak performance the S&P continues to hold up.We then delve into the monetary policy decisions this week from the Federal Reserve and Bank of England, both of which raised interest rates by 0.75%. That move itself was not a big surprise but their forward guidance was. Find out why the two major central banks are heading in different directions in the months ahead which could create significant headwinds for the British currency.Finally, we touch on Elon Musk taking the helm at Twitter and unveiling his idea to charge for a premium $8/mth subscription service. Will this create a new meaningful revenue stream and can Musk turn the social media company around?Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
11/4/2022 • 40 minutes, 55 seconds
MM088: Tech giants lose $1 trillion in one week!
It's been a BIG week for US tech earnings and one that has seen seismic reactions in the likes of Meta and Amazon. So much so, that the net worth of Mark Zuckerberg has now fallen more than $100bn in just over 13 months.In this episode, I go beyond the headlines to see what really mattered in the earnings from Apple, Alphabet, Amazon, Microsoft, and Meta. My objective is to give you a better insight into what analysts look at in these reports to then make sense of the reaction in their stock price.Elsewhere, it's been a busy week! Elon is now the CEO of Twitter, Chinese stocks got hammered as Xi Jinping consolidates power, and the British Pound has hit a six-week high as the new Prime Minister Rishi Sunak looks to bring back some fiscal discipline.I hope you enjoy and check out the links below.Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
First up on the agenda this week is the resignation of UK Prime Minister Liz Truss, marking the shortest premiership in British history. Find out what happens next, the implications for markets, and whether we are about to see the return of Boris!I'm also joined by Stephen Barnett, our Head of Schools, to unpack the announcement from Goldman Sachs this week who are planning a sweeping reorganisation of the firm folding its biggest businesses into three divisions, marking one of the firm's largest-ever reshuffles. Find out the strategy behind the move and implications for Goldman's share price and internal culture.Finally, we talk about failed IPOs and why Private equity firms are taking the 'Leverage' out of Leveraged Buyout (LBOs).Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
10/21/2022 • 46 minutes
MM086: Liz sacks Kwasi & what next for US stocks?
A busy end to the week, as UK Prime Minister Liz Truss sacked her Chancellor Kwasi Kwarteng and announced another U-turn in her government's tax cut plan. Find out exactly what happened and how markets reacted to the latest news. We also tie in the latest developments in the UK bond market after Bank of England Governor Andrew Bailey told pension funds “You have three days to get out". A brave move or asking for trouble?Finally, Thursday marked one of the largest intraday reversals in the US stock market on record. The initial move lower came after US Core CPI printed at a new 40-year high, but why did we rebound so quickly? Piers explains why the devil is always in detail!US earnings for your bank applications https://www.linkedin.com/posts/anthonycheung10_students-careers-applications-activity-6986660014237097984-4Xl0?utm_source=share&utm_medium=member_desktopFree daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/14/2022 • 52 minutes, 10 seconds
CAREER INSIGHT: Tanya Tracey, CEO of GAIN (Girls Are INvestors)
In this career insight episode, I am joined by Tanya Tracey who is the CEO of Girls Are Investors (GAIN), which is a charity that seeks to address the lack of diversity in investment management through partnerships with schools and universities. Tanya has over twenty years of experience in investment banking, investor relations, and diversity and inclusion, having worked at J.P. Morgan, Nomura, and the CFA Institute.In this conversation, Tanya shares her career journey, working in a male-oriented environment, imposter syndrome, misconceptions about working in finance, and the importance of having role models.GAIN is a fantastic charity and we are incredibly proud to work with such inspiring women to help bring about change in the workplace!GAIN Investment Insight Programme http://www.gainuk.org/gain-investment-insight-programmeGAIN Empowerment Investment Internship Programme http://www.gainuk.org/gain-empower-investment-internship-programmeTanya LinkedIn https://www.linkedin.com/in/tanyatracey/Anthony LinkedIn https://www.linkedin.com/in/anthonycheung10/AmplifyME daily newsletter https://amplifyme.com/market-makerAmplifyME FREE simulation https://amplifyme.com/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
10/12/2022 • 20 minutes, 20 seconds
MM085: Why Credit Suisse is not the next Lehman Brothers & Elon Musk's U-turn on Twitter
In this episode, we discuss what happened to Credit Suisse this week as shares dropped and Credit Default Swaps (CDS) soared amid rumours the Swiss banking giant could be the next Lehman Brothers. But why did the market react so violently and is there any substance to this speculation?Next is Elon Musk, who has thrown in the towel and has revived his commitment to buy Twitter at the original price of $54.50 a share. We look at the possible reasons behind the turnaround and who are the winners and losers in this saga.Finally, OPEC+ unleashed shockwaves in the global crude oil market by cutting production by the most since the onset of the pandemic. The move puts Saudi Arabia on a collision course with the US, so why are they taking such a risk and who will they turn to for protection?Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
10/7/2022 • 1 hour, 5 minutes, 9 seconds
MM084: Carnage in UK Bond/FX Markets – What happened, what’s next?
Topics discussed in this episodeUnprecedented Emergency Action: The Bank of England to purchase £80bn long-dated UK Government Bonds to save the Pension industry – But why did they do this, and will it work?UK Government bond yields spike above 5% in one of the largest market moves in history as traders panic over the sustainability of UK debt – Are these fears rational and where do yields go from hereWhat is Liability Driven Investment (LDI) and how did It nearly break the UK bond markets this week?UK Pension funds driven to panic bond selling to cover interest rate swap margin calls. And, what are interest rate swaps anyway?We lift the bonnet on this week’s Porsche IPO. Was it successful, was it priced correctly, how did the suspect Governance issues result in a discounted share price and what does it mean for Porsche’s future?Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/30/2022 • 53 minutes, 36 seconds
MM083: Chaos at the Bank of England & Our top 3 trading films revealed!
This week, we discuss why the Great British Pound continues to get hammered. From the split amongst policymakers at the Bank of England to the government setting out the most radical package of tax cuts since 1972. Has the probability of parity against the US dollar become more likely?We also review the latest interest rate announcement from the US central bank and explain why the news was so negative for stocks on Wall Street, examine the decision by the Japanese authorities to intervene in their currency, and ask the question of whether the move by Credit Suisse to split up its investment bank will work.But the biggest news of all, we reveal our top 3 trading films of all time! Free daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/23/2022 • 47 minutes, 34 seconds
MM082: Banker bonuses and Goldman's top 4 buy the dip signals
The UK chancellor is reportedly planning to scrap caps on bankers’ bonuses in a move to attract more talent to the City of London. Find out why the government is doing this and how investment banks manage bonus season.We review this week's US CPI report which acted as a trigger for the Dow to close down more than 1,200 points, marking the worst day so far this year. Why was the move so aggressive and will the Fed now hike 100bps at next week's meeting?Piers also shares Goldman's four important signals to look for when attempting to buy the dip and we both share one lasting memory of working during the Lehman Brothers collapse to mark the 14th anniversary of one of the most significant moments in stock market history.Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/16/2022 • 53 minutes, 22 seconds
BREAKING: Billionaire Patagonia founder gives away company to fight the climate crisis
The founder of the outdoor clothing company, Patagonia, has given away 100% ownership of the $3bn company to help fight climate change. Yvon Chouinard, the mountain climber, and unlikely business leader has always placed the planet as the company’s most important stakeholder, committing to give 1% of sales to fight climate change, and embarking on an extensive worn-wear campaign. Today’s announcement, which sees 100% of the company’s ownership, and profits, irrevocably dedicated to fighting climate change, illustrates Chouinard’s long-standing commitment to protecting the environment through the legacy of Patagonia.In this short episode, Stephen joins me to explain more background to this incredible story!Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/ Hosted on Acast. See acast.com/privacy for more information.
9/15/2022 • 9 minutes, 35 seconds
MM081: Kim Kardashian launches PE firm & Stocks rise despite higher rates
Earlier this week, TV personality and business women Kim Kardashian launched her own private equity firm SKKY Partners with the help of Jay Sammons, a former employee at investment firm The Carlyle Group.Piers and I use this deal to help explain the role that private equity plays in finance, how the industry works and the difference between P.E and venture capital.On the macro front, we take a look at why stocks are set for their first weekly rise in a month despite the continued tightening of central bank policy and examine the impact of the estimated £150bn energy package announced by the new UK Prime Minister Liz Truss.Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
9/9/2022 • 55 minutes, 35 seconds
MM080: Is GBP heading to parity?
The UK economy is facing one of its toughest economic periods in history. A looming threat of a recession, acute dependence on foreign capital, soaring debt costs, and the rising likelihood that the Bank of England’s independence will be scrutinised under the new Tory leadership have all led to the demise of the Great British Pound.But how low will the currency go and is there a possibility of it reaching parity against the US Dollar?In this episode, we also look at the history of currency interventions as the Japanese Yen hit a fresh 24-year low this week reigniting chatter on the likelihood that officials will intervene to support the currency and what to expect at the ECB meeting next week.The final talking point is reserved for some stock news, as we look at why quant firms are suddenly interested in Warren Buffett's Berkshire Hathaway.Email Stephen [email protected] with Stephen https://www.linkedin.com/in/stephen-barnett-0b8b3337/Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
In this breaking news episode, I summaries the main take home points from the highly anticipated speech from the Fed Chairman Jerome Powell at the Jackson Hole symposium. Find out what were the three main comments, how the market reacted and what does this mean for the September FOMC meeting.Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
8/26/2022 • 9 minutes, 54 seconds
MM078: China slowdown & the revenge of the meme stocks
In this episode, we focus on the increasing economic challenges being felt in China, who earlier this week surprised the market and cut interest rates for the first time since the beginning of the year. We look at why things are so bad and what might happen next.Next, we turn our attention to the return of the meme stock craze with reports suggesting that short sellers have lost an estimated $1.65bn in this month alone. But what exactly is a 'short squeeze' and a 'call option' and who the hell is Jake Freeman, the 20-year-old college student who made $110mn trading Bed Bath & Beyond!As ever, you can also expect the regular wrap-up of this week's major stories from Warren Buffett increasing his stake in Apple to Elon Musk briefly causing a 17% spike in Man United shares.Daily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
8/19/2022 • 59 minutes, 7 seconds
MM077: US Stocks: Bull vs Bear Debate!
In this episode, I go toe to toe with Head of Trading Piers Curran as we put forward our bull and bear case scenarios for the direction of US stocksWe also run through some of the major headlines in global markets this week:- What does the drop in US CPI mean for the Fed?- The impact of US gasoline prices dropping back below $4- How impactful is the US Inflation Reduction Act?- What next for the UK as the economy contracts in Q2- Why the Druzhba pipeline is something you should know about!- Elon Musk and another giant share sale- Disney+ edges past Netflix but can the magic last?- Pfizer is to buy Global Blood Therapeutics in a $5.4bn deal- The main event: Bull vs Bear debateDaily newsletter https://amplifyme.com/market-makerFree Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
8/12/2022 • 1 hour, 2 minutes, 20 seconds
MM076: The UK is heading for a long & painful recession
In this episode, I fly solo recapping some of the major stories in markets this week.I take a look at why the Pound fell after the Bank of England delivered its largest rate rise since 1995, what the world's largest asset manager has to do with the crypto exchange Coinbase, and the implications of US House Speaker Nancy Pelosi visiting Taipei this week.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/ Hosted on Acast. See acast.com/privacy for more information.
8/5/2022 • 29 minutes, 51 seconds
MM075: Do you need coding skills for trading?
A slight change up in this week's episode, as I'm joined by Milandeep Bassi, who is the Fintech products lead and full stack DevOps engineer at Amplify.You might be wondering what the hell is that?! So in this episode, we talk about the following:What do you learn in computer scienceThe type of characteristics that make a successful programmerCreating and testing trading algosThe different roles and requirements within a quant trading teamMachine learning and A.I. in financeWhich coding languages are best to learn to get startedDon't worry, I still cover the usual round-up of what's been going on in global markets this week, from the Fed hike and technical US recession to the latest earnings from the tech titans.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Milan https://www.linkedin.com/in/milanbassi/ Hosted on Acast. See acast.com/privacy for more information.
7/29/2022 • 51 minutes, 12 seconds
MM074: ECB bazooka & Tesla's lesson in financial engineering
An incredibly busy week, from Russia resuming critical gas flows to Europe, to one of the biggest ever tech IPO's on the London market being put on hold due to the collapse of the Boris Johnson government, there's never a dull moment in markets!In this episode, we start with deconstructing what exactly happened at the European Central Bank meeting, where interest rates were hiked 50bps, marking the first move higher in 11 years and the biggest since the year 2000. What was said? what on earth is the TPI? what risks are there following the resignation of the Italian PM Mario Draghi? and will any of this even work?!We then pivot to US earnings season and zone in on the latest reports from Tesla and Netflix. Although Tesla shares have risen since the release of Q2 numbers what's actually going on under the bonnet and is Elon Musk covering up what otherwise are some troubling signs? and we explain why Netflix losing nearly 1mln subscribers in just three months is actually a good thing!Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/22/2022 • 1 hour, 8 minutes, 33 seconds
MM073: Will the Fed hike 100bps & Is Elon Musk in trouble
It's been quite an incredible week in global markets. The Euro hit parity against the US Dollar for the first time in 20 years, the Italian government is about to implode, the Tory leadership contest rumbles on, and the big US banks kick off the latest earnings season. However, the show stopper was undoubtedly the latest US CPI reading which came in at a red hot 9.1%, the largest gain since the end of 1981.Piers and I discuss how the market reacted and more importantly how the US central bank may react. On the same day, the Bank of Canada delivered a surprise 100bps rate hike, not only the largest rate hike by them in 24 years but the first G7 country to make such an aggressive hike in this economic cycle. Has Canada now laid the groundwork for a similar-sized move from Jay Powell and the gang later this month?We then switch attention to the visible feud between Elon Musk and Twitter, the latter who filed a forceful complaint against Tesla boss on Tuesday, alleging he had treated his $44bn offer for the social media company as an “elaborate joke”.Who wins this battle? has there been historical precedence? Has Elon gone one step too far this time?!Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/14/2022 • 48 minutes, 28 seconds
MM072: Boris Johnson resigns, what happens next?!
In this episode, I talk to the Head of Trading Piers Curran about the resignation of UK Prime Minister Boris Johnson. We look at the process behind how the Conservative Party will now elect a new leader, the subsequent timeline, and importantly whether this shift has implications for financial markets.Who is Ben Wallace? Will Rishi win? does this even matter in the context of the economic crisis unfolding under the pressure of surging inflation? We give our point of view! This leads us into looking at the EUR currency, which this week hit a fresh 20-year low and edges ever closer to parity against the US Dollar. What is creating this renewed downside pressure and why Europe's biggest economy, Germany, is heading into its worst energy crisis since the oil price shock of 1973.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/8/2022 • 45 minutes, 39 seconds
MM071: US stocks suffer sharpest first-half drop for more than 50 years
MM071: US stocks suffer sharpest first-half drop for more than 50 years Yesterday saw H1 2022 draw to a conclusion with the S&P 500 closing down 20.6% year-to-date making the worst first six months of any year since 1970.We discuss why stocks have had such a bad year and delve deeper into the diverging performances of the different equity sectors. For example, exploring why the energy sector is up over 30% whilst the Consumer Discretionary sector is down over 30%. We discuss how the bounce in stocks last week was nothing to do with fundamentals and was actually driven by quarter end rebalancing.We also discuss equity and debt capital markets and how the IPO space has collapsed in 2022 with funds raised in US IPOs at its lowest since 1999! Finally, we discuss private market capital raising and how the FinTech world is being forced to raise capital at much lower valuations than previous rounds and how this is impacting investor appetite and sentiment.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
7/1/2022 • 41 minutes, 20 seconds
MM070: Biggest Fed rate hike since 1994. But are they making a mistake?
Yesterday the US Federal Reserve hiked interest rates by 0.75% in another hawkish pivot in their on-going quest to tame inflation. They also said they intend to raise interest rates a further 1.75% across their remaining four meetings in 2022We discuss the market fallout in the aftermath of this Fed announcement as stock markets initially bounced as Powell said he did not expect adjustments of 0.75% to become common.However, this morning the risk-off continues:The S&P hits bear market territory down 23% from its November 2021 high. The Nasdaq is now down 33%. The US Dollar continues to rally testing the 1.04 handle vs the Euro, GBPUSD hits a 20 month low and USDJPY is trading at a 20 year high.We finish with a discussion about the recent cryptocurrency capitulation and discuss the best mindsets around how to deal with trades that are losing you money.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
6/16/2022 • 37 minutes, 7 seconds
MM069: Apple CarPlay. The next big revolution or just tech hype?!
We've had Apple's Developer event this week and while people are most obsessed with augmented reality technology we focus on the less sexy software side of the business! Namely, Apple CarPlay and Apple's move into finance by offering loans directly to consumers for its new buy now, pay later product.Will Apple's refresh of CarPlay open up a new substantial revenue stream for the tech giant or is this just tech enthusiasts getting ahead of themselves?Billionaire investor Ray Dalio is also back in the spotlight betting on a sell-off in corporate bonds this year underscoring the bearish view of Bridgewater and their assessment of what rapidly rising rates will do to the global economy.We finish with Christine Lagarde, the President of the European Central Bank who has paved the way for a series of rate rises, starting with a quarter-percentage point move in July and raising the prospect of a bigger half-point shift in September.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
6/10/2022 • 48 minutes, 30 seconds
MM068: Is GBP heading for an "existential" crisis?!
This week Bank of America put out a note suggesting that investors should hedge for an “existential” sterling crisis as the British currency faces struggles usually seen in emerging markets.What supports this pessimistic view and is it a credible argument or simply a sensational conclusion to generate broad appeal in the media?We then shift our focus to crude oil where prices have briefly touched $120 a barrel this week as the conflict in Ukraine intensifies and the EU has agreed to pursue a partial ban on Russian oil. Is this latest round of sanctions a big deal? and find out why the art of political deflection is well and truly underway!Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
6/1/2022 • 45 minutes, 42 seconds
MM067: Are US recession risks overblown?
In this episode, Piers and I take a look at comments from Jamie Dimon and Brian Moynihan, where the CEO's of J.P. Morgan and Bank of America softened their tone on a recession and how it may be different from episodes experienced in the past.We also discuss how the UK Chancellor is engineering his windfall tax on oil and gas companies, the change in tactics from the Chinese government in the communication of their economic outlook, and why Saudi Arabia still wants to be mates with Russia despite pressure from the West.Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/27/2022 • 39 minutes, 54 seconds
MM066: Apple the next BIG short & is ESG a scam?!
The Dow dropped 1,100 points on Wednesday, marking its biggest decline since 2020 as the sell-off this year on Wall Street intensifies. Is this the beginning of the end or are we just getting started?In this episode, Piers and I look at some troubling signs from US retailers Target and Walmart this week and what their performance tells us about the macro environment.Meanwhile, one of the biggest headlines for single stocks was that the infamous investor Michael Burry of the 'Big Short' now has Apple in the crosshairs. Find out how his hedge fund is executing his bearish view in what he has described as the "greatest speculative bubble of all time in all things". Finally, we talk ESG. A relatively new investment class in the asset management world, we look at where it sits in the investment spectrum and why Elon Musk thinks it's a scam!Daily newsletter https://amplifyme.com/market-makerTake a Finance Accelerator simulation https://amplifyme.com/course/finance-acceleratorConnect with Anthony https://www.linkedin.com/in/anthonycheung10/Connect with Piers https://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/19/2022 • 48 minutes, 40 seconds
MM065: What's behind the TERRA-fying moves in crypto?
The price of bitcoin briefly fell below $26,000 this week, hitting its lowest level in 16 months. The move came after a collapse in Luna as TerraUSD struggled to regain its Dollar peg. Find out what purpose these 'algorithmic stablecoins' serve, what caused them to break down, and what it means for institutional adoption going forward.We also catch up on what has been another brutal week across the asset class spectrum with YTD losses in the Nasdaq 100 now over 27%, and find out why Italian Prime Minister Mario Draghi wants to set up his own cartel!Daily newsletterhttps://amplifyme.com/market-makerTake a Finance Accelerator simulationhttps://amplifyme.com/course/finance-acceleratorConnect with Anthonyhttps://www.linkedin.com/in/anthonycheung10/Connect with Piershttps://www.linkedin.com/in/pierscurran/ Hosted on Acast. See acast.com/privacy for more information.
5/13/2022 • 50 minutes, 38 seconds
MM064: Why have stocks tanked this week?!
On Thursday, the Nasdaq closed the session down 5%, marking the biggest single-day plunge since June 2020. YTD stocks like Netflix are now down nearly 70% and even tech giant Amazon has shed over 30% in the past four months.So why has the selling pressure intensified this week? What should we take away from the comments from Fed Chair Jerome Powell at the FOMC meeting and is a recession now all but a foregone conclusion?In this episode, we aim to address these questions and tackle the big one - What happens next?!Piers LinkedIn https://www.linkedin.com/in/pierscurran/Anthony LinkedIn https://www.linkedin.com/in/anthonycheung10/Market Maker daily newsletter https://amplifyme.com/market-makerFinance Accelerator simulation https://amplifyme.com/course/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
5/6/2022 • 48 minutes, 22 seconds
MM063: The best & worst of the mega-cap tech earnings this week
Much to talk about this week, but Piers and I thought we would unpack what has been a busy week in US corporate earnings. In fact, Apple, Microsoft, Amazon, and Alphabet alone have a combined market value of about $8trl and makeup one-fifth of the weight of the S&P 500. So how they perform has a direct consequence on the US stock market and gives investors some clues on how the period ahead may unfold.We look at each one of the tech giants in detail and discuss the good, the bad, and the ugly. We explain how Apple is quickly becoming a safe-haven asset and why stock buybacks are so popular for technology stocks.Finally, we also couldn't go a full episode without at least one nod to the macro environment, so Piers gives a great breakdown of why the unexpected drop in US GDP this week is perhaps not cause for concern just yet!Sign up for our daily Market Maker newsletter https://amplifyme.com/market-makerTake part in our next free Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
4/30/2022 • 45 minutes, 20 seconds
Career Insight: Will Hobbs, Chief Investment Officer of Barclays Wealth Management
In this episode, I speak to Will Hobbs who is the Chief Investment Officer (CIO) at Barclays Wealth Management. Will talks about his untraditional route into markets, from training in Italy as a chef to landing his first role in finance, working through the dot-com and financial crisis, and then deconstructing his current role as Chief Investment Officer.There are lots of tips on networking, leveraging personal experiences, and a detailed explanation of how his team oversees the investment philosophy at Barclays UK in Strategic Asset Allocation (SAA) and Tactical Asset Allocation (TAA) decisions.We also touch on how he found his real passion later on in his career which ultimately acted as the springboard to later success and discuss how he deals with the pressure of being responsible for key decisions within the division he operates in.A must listen to episode for those looking to work in asset or wealth management but also for the wider community if you are looking for an open and genuine insight into working in the world of finance. Hosted on Acast. See acast.com/privacy for more information.
4/27/2022 • 39 minutes, 45 seconds
MM062: Elon Musk's Twitter takeover explained
In this podcast episode, Piers and I attempt to deconstruct the Elon Musk / Twitter saga and use it as a great case study to tackle some finance jargon you may have heard before.So expect some hostile actions, tender offers, leveraged buyouts, white knights, and poison pills!I also wrap up some of the main headlines in global markets this week from the hawkish pivot from the ECB and hardening of rate hike talk from Fed Chief Jerome Powell, to the collapse of Netflix shares and the latest earnings from Tesla.Everything you need to ensure you are right up to date on all things markets!Sign up for our daily Market Maker newsletter https://amplifyme.com/market-makerTake part in our next free Finance Accelerator simulation https://amplifyme.com/course/finance-accelerator Hosted on Acast. See acast.com/privacy for more information.
4/22/2022 • 48 minutes, 27 seconds
MM061: What does Elon Musk want with Twitter, Macron gets the sweats & Porsche IPO explained
In this week's episode, Piers and I catch up on the news that Elon Musk has tweeted himself onto the board of Twitter causing the social media apps' share price to rocket. But does the Tesla CEO have the company's best interest at heart or is he simply a bored billionaire looking for some kicks?!I explain the context for the first round of the French election this weekend as local bond yields have hit their highest level since 2015 after the latest poll indicated that National Front leader Marine Le Pen has narrowed the gap on President Emmanuel Macron. Find out why this may be billed as the 'President of the rich' vs the 'Putin Sympathiser'.Finally, we attempt to untangle the highly complex governance issues that US Investment Banks like Goldman Sachs and J.P. Morgan must address to successfully launch the IPO of the German Automaker Porsche.Sign up for our daily Market Maker newsletter https://bit.ly/3wZQlR9 Hosted on Acast. See acast.com/privacy for more information.
4/8/2022 • 57 minutes, 47 seconds
MM060: Biden's big oil play & recession warnings
In this week's episode, Piers and I catch up on the announcement this week that the US is to release roughly a million barrels of oil a day from its reserves for six months beginning in May, a historic drawdown to combat rising inflation. We discuss Biden's strategy and ask the question, will it work?This week the U.S. Treasury yield curve inverted for the first time since 2019. The U.S. curve has inverted before each recession since 1955, with a recession following between six and 24 months, but is this a surprise, and is this time different?We also look at why the Russian Ruble has staged a steady comeback despite the ongoing conflict, the bounce in cryptocurrencies, and why UK house prices keep punching higher.Sign up for our daily Market Maker newsletter https://bit.ly/3wZQlR9AmplifyME YouTube channel https://bit.ly/3DygW99 Hosted on Acast. See acast.com/privacy for more information.
4/1/2022 • 55 minutes, 51 seconds
MM059: Apple buy Credit Kudos & Why Snap wants to read your mind!
In this week's episode, I talk to co-founder Piers Curran about the strategy behind Apple's acquisition of Credit Kudos, which uses machine learning to create an alternative to traditional credit scores. Beyond the technology, we look at how the government shares your personal data and discuss the repercussions of the ever-growing 'buy now, pay later' culture.This week also saw Elon Musk open the new Giga Berlin plant in Grünheide but can Tesla remain ahead of the pack? we run the numbers.Do you ever think your phone can read your mind?! Snap Inc.'s latest acquisition of NextMind might make that possible sooner than you think! Sign up for our daily Market Maker newsletter https://bit.ly/3CTlZR9 Hosted on Acast. See acast.com/privacy for more information.
3/25/2022 • 53 minutes, 19 seconds
MM058: Russian default risk recedes & is President Xi in trouble?
In this episode, Piers and I catch up on what has been another busy week in markets where global stocks are on course for their best week since November 2020.We catch-up on the latest news on Ukraine, where reports midweek suggested Ukraine and Russia have made significant progress on a tentative peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits its armed forces. We talk about making sense of the headline noise and whether we have had peak conflict in terms of market pricing.We then catch up on why the implied probability of a default by Russia within the year has decreased following news that J.P. Morgan has processed a bond payment and delve into what to expect from the meeting today between US President Joe Biden and his Chinese counterpart Xi Jinping.We debate US strategy heading into the high-level talks and why President Xi is perhaps the leader facing the greatest challenges at the moment as China's zero-tolerance COVID strategy comes back in the spotlight as cases rates in explode.Finally, we review the decision from the US Federal Reserve to hike rates and commence what is expected to be a series of rate hikes this year. Has Fed Chair Jerome Powell got back in control of the inflation problem or is he being complacent over the risk of a recession? Daily Market Maker Newsletter https://bit.ly/3CTlZR9Finance Accelerator Simulation https://bit.ly/3ieyiOJAmplifyME website https://bit.ly/3u78YztMorgan Stanley Training Day https://bit.ly/3IlzwCcRay Dalio's 'New World Order' https://bit.ly/3Jm4gV5 Hosted on Acast. See acast.com/privacy for more information.
3/18/2022 • 1 hour, 7 minutes, 40 seconds
MM057: Mr 'Big Shot' gets squeezed
This week, Nickel, used in stainless steel and electric-vehicle batteries, surged as much as 250% in just two days to trade briefly above $100,000 a ton, in what otherwise can only be described as a parabolic move.Xiang Guangda a.k.a 'Big Shot' -- who controls the world’s largest nickel producer, Tsingshan Holding Group Co. was the main culprit behind the move, having amassed a short position on the London Metal Exchange (LME) is in the region of 100,000 tons of nickel. We look at the mechanics behind the short squeeze and explain how the LME ring works, and whether market manipulation and governance issues plague the last remaining open outcry floor in Europe.Also up for discussion, is the 20-for-1 stock split announced by mega-cap tech stock Amazon, its first split since 1999 and fourth since Amazon’s IPO in 1997. Find out how a stock split works in practice, why companies choose to do it, and what it means for the share price.Finally, we talk about fixed-income fund manager PIMCO, who is reported to have billions of dollars riding on the economic fallout from Vladimir Putin’s invasion of Ukraine, after amassing a wager worth at least $1bn in derivatives markets that the country will NOT default. We explain how Credit Default Swaps (CDS) work and why sanctions on Russia may have unintended consequences on the West.Daily Market Maker Newsletter https://bit.ly/3pSIzEkFinance Accelerator Simulation https://bit.ly/3vUeUytAmplifyME.com https://bit.ly/35I133KLinkedIn Guide https://bit.ly/3HX5dla Hosted on Acast. See acast.com/privacy for more information.
3/11/2022 • 52 minutes, 2 seconds
MM056: Oil will never trade below $90 again, here's why!
After a week off the desk, it's great to be back with co-founder and head of trading Piers Curran to discuss what's been happening in markets this week.We take a deep-dive into the latest news on Russia, where ongoing fighting has resulted in the biggest weekly increase in commodity prices since the 1973 oil crisis.The impact has been severe. The Dow Jones Russia GDR Index, which tracks London-traded Russian companies, has plunged 98% in just two weeks and overnight the Russian sovereign rating was cut to 'junk' by Moody's and Fitch. We explain what this means and how it impacts different types of fund managers.The buzz word right now is 'stagflation'. We look at what is the probability of a recession given the surge in oil prices and the latest comments from Fed Chair Powell who said the central bank will “proceed carefully,” emphasising the “need to be nimble in responding to incoming data and the evolving outlook.”Final word is reversed for social media app TikTok after eight US states, including California and Massachusetts, announced that they had launched a bipartisan, nationwide probe, focusing on whether the app causes physical or mental health harm to young people. Are they acting in good faith or is this purely political optics ahead of the US midterms?Finance Accelerator https://bit.ly/3sBLOlpDaily Market Maker newsletter https://bit.ly/3hSjbudAmplifyME https://bit.ly/3KcIovh Hosted on Acast. See acast.com/privacy for more information.
3/3/2022 • 1 hour, 5 minutes, 20 seconds
Career Insight: Reality of working in Investment Banking with Bilal Hafeez the founder of Macro Hive
In this episode, I speak to Bilal Hafeez who is the founder and CEO of Macro Hive. Before starting his own research firm in 2019, Bilal was the Global Head of International Fixed Income Strategy at Nomura, and Head of Multi-Asset Research and Advisor to the CEO at Deutsche Bank.Although Bilal has had phenomenal success in his career to date there have been many experiences and challenges that have shaped that journey. Coming from a working-class background in Oxford and not having any friends or family working in the professional world, it was not always clear on which direction to go in.During his time at university, he was rejected in all his accounting and consultancy applications but was successful in banking where he landed his first role at J.P. Morgan. However, after a short stint in the investment banking division he then rotated into global markets - the rest is history!In this conversation, Bilal explains the difference between working on both sides of the bank and gives an (often hard to find!) insight into his role in research. He explains why his mentor was so influential on his career, how his role changed as he became more senior, and gives invaluable advice on how to consume information and develop your personal skills by maintaining a constant curiosity about all that you do.Bilal talks openly and honestly about life inside a bank but also the challenges it brings to your personal life. This is a must listen to episode for any student considering a role in banking.Finance Accelerator https://bit.ly/3vuDBBsMarket Maker daily newsletter https://bit.ly/3Hr7ll3Macro Hive https://bit.ly/3td2pLe Hosted on Acast. See acast.com/privacy for more information.
3/2/2022 • 25 minutes, 33 seconds
MM055: How the Nasdaq bounced 5% despite Russian troops storming Kyiv
In this week’s episode, I am joined for the first time ever by Amplify Co-Founder Will de Lucy to talk about this week’s global market volatility as well as some insights into how to become a successful founder.We chat about:How it is possible for the NASDAQ to rally 5% into the US close yesterday despite Russia invading Ukraine.Reasons behind why Oil rallied 7.5% and then reversed the entire move. Why Gold spike to a multiyear high and then reversed back to below levels trading before the invasion.How to manage risk in such extreme market volatility.Trump’s launch of his new TRUTH – Media and Tech group and SEC open an investigation on Elon Musk and whether his brother has been insider trading.Finally, our experiences of being founders and trying to grow a business with examples of the hard lessons we learnt along the way.Finance Accelerator https://bit.ly/3oYCequDaily Market Maker newsletter https://bit.ly/3LG8jgt Hosted on Acast. See acast.com/privacy for more information.
2/25/2022 • 48 minutes, 34 seconds
Career Insight: Top 5 tips from Ayman Rahman the CEO & Founder of DARE
The career insight series is back and this time I am joined by Ayman Rahman, the CEO & founder of energy tech trading firm DARE.Our connection with Ayman goes back over 10 years when as a student at UCL he spent time training with Amplify learning the ropes in our prop trading division. Upon graduation, Ayman obtained a trading analyst position at a commodity derivatives trading firm and within less than two years his performance saw him quickly rise through the ranks to become the head of fuel oil trading.Fast forward to the summer of 2016, Ayman decided to break out on his own and founded DARE, an energy tech company using the power of data science, analytics, and trading expertise to help the world reach a renewable future, faster. Today his company and mission continue to go from strength to strength.In this conversation, recorded in the summer of 2020, Ayman shares his top five tips for success for any student looking to break into finance and obtain a role in trading. From demonstrating passion, networking, and having stamina, to learning how to admit what you don't know and the importance of going somewhere you can have an impact.I hope you enjoy the conversation, but more importantly, be left feeling inspired and motivated to make the future your own.Finance Accelerator https://bit.ly/3p5owlGDaily Market Maker Newsletter https://bit.ly/3hbM5VwDARE https://bit.ly/3v5tkvg Hosted on Acast. See acast.com/privacy for more information.
2/23/2022 • 14 minutes, 46 seconds
MM054: Why Russia won't invade Ukraine & are the Fed doomed to fail
In this week's episode, I am joined by Eddie Donmez to talk about all the trending topics in markets this week.We discuss the YTD performance for US stocks and look at what the sector performance in the S&P 500 tells us about current economic conditions and the market's confidence in the Fed being able to manage the pressure of surging inflation. An update on the latest news concerning Russia-Ukraine as the US President speaks with transatlantic leaders about the Russian troop buildup. Joe Biden has remained stern in his belief of an imminent attack all week despite increased signs of Russian diplomacy. We discuss why the US administration is taking this stance and ask the question of what really is the probability of Russia invading Ukraine?Also discussed in the episode is news J.P. Morgan has become the first bank to enter the metaverse having opened a lounge in blockchain-based Decentraland. We look at the stats to break down the hype vs reality.Finance Accelerator https://bit.ly/3oYCequDaily Market Maker newsletter https://bit.ly/3LG8jgtJ.P. Morgan Metaverse report https://bit.ly/356KihG Hosted on Acast. See acast.com/privacy for more information.
2/18/2022 • 55 minutes, 16 seconds
MM053: Will the Fed hike 50bps as US inflation surges
Really exciting news to announce this week, as US investment bank Morgan Stanley is now the official global sponsor of our AmplifyME Finance Accelerator.It's been amazing to see the impact the initiative has had since launching in September and with the help of Morgan Stanley, we can now reach more individuals than ever.I encourage anyone who has not yet taken part in the simulation to give it a go. It's open to all students from college to post-grad and you don't have to come from an economics background. The registration link can be found below.In this episode, the main debate is on the timing of US rate hikes after US inflation hit 7.5% in January, the highest reading since 1982. Is the market right to expect a 50bps hike in March or is this just irrational exuberance.We also touch on news that Peloton CEO John Foley is to be replaced, what next for SoftBank following the collapse of their $66bn sale of UK-based chip business Arm to Nvidia, and discuss whether Facebook's lowest ever P/E ratio means anything for investors who may be looking to buy on the cheap.The final talking point goes to Joe Biden. The US President has upped the ante on Russia and China but why? and what does this mean for his relationship with Europe? We look at the rationale and the implications.Register for the next Finance Accelerator at https://bit.ly/3rKyVoO Hosted on Acast. See acast.com/privacy for more information.
2/11/2022 • 58 minutes, 11 seconds
MM052: Why Facebook is the worst earnings report we've ever seen!
In this episode, Piers and I delve into some of the important new stories this week from mega-cap tech earnings to central bank decisions and even a quick word on the incredible Rafael Nadal!First up for debate is Meta (Facebook) whose shares collapsed following their latest earnings report. The reaction was compounded by a number of factors, not just the top-line figures. We discuss user figures, platform, regulatory threats, expenses, increasing competition, and what the future holds for the once-dominant social network company.Alphabet (Google) and Amazon also released their latest numbers this week which were met with a much more favourable reaction on Wall Street. We explain the mechanics and rationale behind Google's 20-for-1 stock split and question whether Amazon's initial positive reaction is the correct one.Finally, we talk about the Bank of England, which executed its first back-to-back increase in interest rates since 2004. More importantly, we examine the breakdown of the Monetary Policy Committee (MPC) where four members actually opted for a more aggressive 50bps increase to the base rate. What were they thinking, why are they worried and what does this mean for the UK consumer and the broader marketplace.Sign up for our daily Market Maker newsletter at https://bit.ly/3AV7MSS Hosted on Acast. See acast.com/privacy for more information.
2/4/2022 • 53 minutes, 15 seconds
Career Insight: Advice from Alfonso Peccatiello a former $20bn Portfolio Manager
The Masterclass speaker series is back by popular demand, aiming to help students get the real truth behind different careers in finance. To mark the occasion I hosted an incredible guest, Alfonso Peccatiello.Alf is the author of The Macro Compass and was previously the Head of Investment Portfolio for the Treasury department of ING Germany. There, he was in charge of the active management of a $20bn multi-asset portfolio.In the session, Alf talks about how he first got interested in finance, how what he learned at university was useful in shaping his view on markets, and the realities of working as a portfolio manager in a large financial institution.More than this, Alf gives a personal and honest account of his greatest strengths and weaknesses and offers practical advice on how to communicate better, remain humble, and always strive to move forward by being passionate about what you do.Alf's book recommendations:Central Banking 101: https://amzn.to/3u2iHc7Pragmatic Capitalism: https://amzn.to/34a5mU7Balance Sheet Recession: https://amzn.to/3IHjcw7The Holy Grail Of Macro Economics: https://amzn.to/3IC2oGSThe New Economics: https://amzn.to/33WMYynSign up to Alf's Macro Compass newsletter https://themacrocompass.substack.com/Get the AmplifyME daily Market Maker newsletter https://amplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
2/2/2022 • 51 minutes, 45 seconds
MM051: Fed's hawkish shift & why Russia-Ukraine conflict is important for commodities
In this episode, I talk to co-founder Piers Curran about the latest FOMC meeting where Fed Chair Jerome Powell backed a March liftoff and said would not rule out a hike at every meeting.Markets are now pricing in the probability of 5 rate hikes this year and even the prospect of a rate 50bps move at the March meeting, but is this expectation right, or will the Fed change tactics once more?We also look at the latest earnings from the likes of Microsoft, Tesla, and Apple, while also discussing the performance of Deutsche Bank which has just closed out its most profitable year in a decade. How did they achieve this and why is the German bank an important financial institution in a global context.Finally, we talk about the ongoing tensions between Russia and Ukraine after weeks of intense diplomacy over a buildup of more than 100,000 Russian troops on Ukraine’s border. What are the geopolitical risks and find out why wheat and palladium may well be the best barometer of judging sentiment over the situation.Sign up for the daily Market Maker newsletter www.amplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
1/28/2022 • 56 minutes, 47 seconds
MM050: Microsoft bet big on the Metaverse & Netflix shares crash on outlook
The episode covers a quickfire round-up of the main news this week, from Biden's comments on Russia to Brent crude oil hitting a fresh 7-year high, before taking a deep dive in the race to the Metaverse following Microsoft's acquisition of Activision Blizzard. We explore the rationale behind the huge amount of cash being spent by big tech firms to position for the future and ask the question of whether their strategy will stifle innovation and increase regulatory threats. Next in the dock is Netflix, whose shares dropped 20% after their earnings this week. We look at why this happened and how their management team will try to offset slowing subscribers numbers in the short term as well as a brief conversation on Peloton whose shares collapsed on Thursday night after a report of a temporary production halt of its bikes and treadmills as demand wanes.To mark the 50th episode, we were also joined by the amazing Nii-akwei Carty Bing Pappoe at the start of the show, a student at Nottingham University studying Philosophy, Politics, and Economics, who won our competition to win his slot on the pod!Please show him some love and connect with him on LinkedIn! https://www.linkedin.com/in/nii-akwei-carty-bing-pappoe-a7a412193/Sign up to the daily AmplifyME Market Maker newsletter wwwamplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
1/21/2022 • 1 hour, 1 minute, 3 seconds
BREAKING: Microsoft announces $69bln deal for Activision Blizzard
Microsoft has announced a $69bln bid for Activision Blizzard in what will be the biggest tech deal in history. The move will give the tech giant access to Activision’s 390 million monthly users and headline franchises such as Call of Duty, Warcraft, and Candy Crush.Gaming is likely to play a key role in the development of the Metaverse and the deal is likely to result in further consolidation in the sector. Direct competitors such as Sony dropped more than 10% on the news while shares in Square Enix and Capcom surged.Find out why Microsoft has made this move, the terms of the deal, why they chose to strike now, the risk of regulator hurdles, and the bigger strategy that they are executing.Sign up for our daily newsletter www.amplifyme.com/market-maker Hosted on Acast. See acast.com/privacy for more information.
1/19/2022 • 11 minutes
MM049: Fed hikes in focus & the end of the road for Boris
As always, I'm joined by co-founder Piers Curran to discuss the major stories in markets this week, from a 39 year high in US CPI and earnings reports from J.P. Morgan and BlackRock, to Kim Kardashian being sued over promoting alt-coin EthereumMax as part of an alleged crypto scam.We also catch up on what has been another horrendous week for UK Prime Minister Boris Johnson who is under growing pressure from senior Tories to admit he attended the drinks party in the Number 10 garden on May 20, 2020, in defiance of England’s lockdown rules.Will he resign? what would need to happen? will Rishi Sunak be the next PM? and what does this all mean for markets? we explain a few different angles to make sense of it all.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
1/14/2022 • 40 minutes, 54 seconds
MM048: Why US yields are so important & trending stories of the week
Happy New Year! In this episode, I talk to co-founder Piers Curran, about what a surge in US yields means for the global financial markets. We discuss the catalyst behind the move, how this influences equity sector positioning and why even crypto traders should be monitoring this development.We also touch on some of the trending stories of the week, from Apple briefly hitting a $3trl market cap and Boris Johnson stating the UK can whether a record wave of Covid-19 without tighter restrictions to the surge in GameStop shares and the new Sony electric vehicle.Sign up for the Market Maker newsletter to get your daily dose of financial markets straight to your inbox at www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
1/7/2022 • 55 minutes, 12 seconds
Career Insight: Jayne Howson on authenticity, courage and connections
In this episode, I talk to Jayne Howson who is a Senior Vice President at Salesforce in their Global Sales Leader Excellence & Enablement team.Having had limited interest in education growing up, Jayne started waiting on tables from the age of 9 and then went to secure her place at college by electing to work part-time at Barclays, arranging company-wide team building events from the age of 16. Fast forward to today, and she now leads a global team at Salesforce, the fastest-growing enterprise software company in history.In this conversation, Jayne talks about why curiosity is the ultimate key to success and the importance of values. We cover tips on presenting, how to find your confidence, and overcoming life challenges. Hosted on Acast. See acast.com/privacy for more information.
12/14/2021 • 35 minutes, 31 seconds
MM047: Is UK 'Plan C' coming & why Alphabet will win the race
In this final episode of the year, I talk to co-founder Piers Curran about UK Prime Minister Boris Johnson, who faces a potential rebellion after announcing 'Plan B' measures amid discontent over his handling of Christmas parties last year when the nation was in lockdown. What is the government's strategy? what would Plan C look like? and what does this mean for the Bank of England and the timing of rate rises?.We review the latest US CPI report for November, which came in at 6.8% Y/Y, the highest reading since 1982. The case is made why the Fed will now press ahead with an accelerated taper timeline despite the risk of Omicron.We finish with a response to a question we put out to our community earlier this week. If you had to invest in just one company for 10 years out of Apple, Microsoft, Amazon, Alphabet, or Tesla which one would we pick?. You all went with Tesla, but we didn't. Find out who our 10 year buy and hold would be!Huge thanks to our listeners and wishing you all an amazing Christmas break. Catch you in the New Year!Anthony & PiersSign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
12/10/2021 • 1 hour, 2 minutes, 18 seconds
MM046: The Omicron impact & The Fed turn hawkish
In this episode, I talk to co-founder Piers Curran about the three key areas to monitor to ascertain the impact of Omicron on the global economy. From transmissibility, to vaccine escape and lethality, we look at the timeline necessary to make a more accurate forecast.We then discuss the latest US jobs report and the surprising pivot from the Federal Reserve to become much more hawkish ahead of their final FOMC meeting of the year. Why have they made this dramatic shift in strategy and will it work?Our final conversation is a review of the OPEC+ meeting and why US President Joe Biden is having to make a u-turn on his election promises. We also look at the rationale behind why J.P. Morgan is looking for $125/bbl crude oil in 2022, whereas Deutsche Bank is predicting just $60/bbl. How can their views be so different, and more importantly, where do we think it will be by the end of next year!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
12/3/2021 • 53 minutes, 54 seconds
MM045: A new COVID risk emerges & collapse of the Turkish Lira explained
In this week's episode, I talk to Piers about a new variant of the coronavirus (B.1.1.529) which has been identified in South Africa. Although case rates are low, early signs suggest the new variant is out-competing others far faster than Beta and even Delta. We review how markets have reacted and what to look out for next.The other big story of the week was that US President Joe Biden announced Monday that he is renominating Jerome Powell for a second term as Federal Reserve chair. We discuss what this means in the context of an improving labour market and heightened inflation after Goldman Sachs said they believe the Fed will now accelerate their taper programme to $30bln/mth come January.A final comment is reserved for what the heck happened in Turkey this week after the Lira collapsed 15% on Tuesday! We explain the rationale behind Erdogan's unorthodox views and what it means for international and domestic investors.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/26/2021 • 54 minutes, 40 seconds
Career Hacks: INTERVIEWS - How to pitch a stock
In this episode, I talk to Xiao about the dreaded stock pitch, the moment in an interview where the floor is yours and it's time to deliver!We look at how to structure your pitch, the level of depth to go into, and the secret to coming across in the right way. To help bring the discussion to life there are also some real-life examples for good measure. Some good, some bad! Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/24/2021 • 20 minutes, 28 seconds
MM044: The EV Market Bubble & Netflix Strategy Change
In this week's episode, Piers and I kick off with a look at the explosion in electric vehicle (EV) pure plays such as Lucid and Rivian and discuss why we think this is a bubble and other strategic ways to play the EV long game.We also touch on the increasing policy divergence emerging between Europe and the US/UK as COVID cases in the former continue to rise against rampant inflation in the latter. How do you identify these trends before they happen and ways and means to express your market view are explained.To finish, we take a look at Netflix, which this week said they will begin regularly reporting viewership numbers for its top programmes and films, a major shift in strategy. Why have they done it and will it work? After all, you only fight the battles you can win!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/19/2021 • 58 minutes, 56 seconds
Career Hacks: INTERVIEWS - How to respond to a question you don't know!
In this episode, I talk to Xiao about every student's worst nightmare when in an interview - how to tackle a question when you have no idea what the answer is! Xiao shares four key tips for dealing with these tricky situations. Hosted on Acast. See acast.com/privacy for more information.
11/17/2021 • 16 minutes, 42 seconds
MM043: Decentralised Finance goes mainstream & will the Fed blink as inflation surges
This week, I talk to Amplify co-founder Piers Curran about the latest expansion of the crypto market in which the broader rise in digital tokens has taken their overall market value past $3 trillion for the very first time. We also talk about the shift towards further adoption of Decentralised Finance (DeFi) and where it sits in the context of traditional assets and how to gain exposure to this emerging area.The main macro theme of the week has been the surge in global inflation after US CPI rose at its fastest pace in 31 years last month. We look at the reasons and debate whether or not the Fed will blink with their transitory view. Finally, we review the current dynamics of COVID cases in England vs Mainland Europe and explain why Brexit negotiations will not conclude anytime soon!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/12/2021 • 58 minutes, 50 seconds
Career Hacks: Why NETWORKING is one of the most important things you can do
In the fourth episode of our Career Hack series we talk about the power of networking. Whether you love it or hate it, networking can have a profound impact on your professional ambitions and personal skills. We talk about how to get started, how to build your own profile and the general rules of engagement!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/10/2021 • 39 minutes, 46 seconds
MM042: Bank of England surprise, Fed taper & Biden's nightmare
In this episode, I talk to Amplify co-founder and Head of Trading Piers Curran about the communication failure from Bank of England Governor Andrew Bailey and its impact on the Bank's credibility. We also look at Jerome Powell's performance after announcing tapering and discuss the real prospect of the Democrats losing both the Senate and the House at next year's mid-terms as Joe Biden's approval rating remains one of the worst in history.Finally, we can't go an episode without talking about Tesla! Discussing why the share price is rising irrespective of fundamentals, alongside a quick look at the collapse in pandemic winner Peloton this week.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/5/2021 • 58 minutes, 54 seconds
Career Hacks: The dummies guide to HIREVUE interviews
In the third episode of our Career Hack series we talk about HireVue interviews. What is the purpose of them, who uses them, where does it fit in the application process, and of course we throw in some useful tips and tricks!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
11/3/2021 • 26 minutes, 35 seconds
MM041: Will the Facebook rebrand to Meta work?
In this episode, I talk to Amplify co-founder Piers Curran about the Facebook name change to Meta. What does this mean for the company, why are they doing it, and will be a successful rebranding of the troubled social media firm?. Also up for debate is whether Tesla is in a bubble after shares rise 20% on the week and a review of the latest corporate earnings from the mega-cap tech giants, including Apple, Amazon, Microsoft and Alphabet.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
10/29/2021 • 52 minutes, 58 seconds
Career Hacks: How to manage a group exercise
This week Xiao and I delve into the often complicated matter of group exercises, one of the main features of any assessment centre. Not only do we look at the structure and format, but provide 7 top tips that will help your performance in these high pressured situations.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
10/27/2021 • 32 minutes, 27 seconds
MM040: Social media stocks 'Snap', Bitcoin ATH & Trump launches TRUST Social
In this episode, I talk to Eddie Donmez about why the crash in Snap's shares this week is bad for social media stocks but good for Apple. We also investigate the latest SPAC deal between Digital World Acquisition and Trump Media & Technology Group, as the former US President looks to circumvent big tech by launching his own app TRUTH Social. For dessert, we analyse Tesla earnings, review the performance of the first Bitcoin ETF, and comment on the latest PayPal talks to acquire Pinterest, in what could be one of the largest takeover deals of the year.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
10/22/2021 • 43 minutes, 24 seconds
Career Hacks: How to prepare for a VIRTUAL assessment centre in finance?!
Unsure of what to expect in your upcoming assessment centre? We've got you covered! In this first episode of our career hacks series I talk to the Head of AmplifyME China, Xiaoyu Zhang, on how exactly virtual assessment centres work. We look at the four key stages of group exercises, case studies, networking and interviews in the context of having to do these completely online due to the pandemic. Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
10/20/2021 • 21 minutes, 45 seconds
MM039: M&A sugar rush, but how long can it last?
In this episode, I catch up with Eddie Donmez to talk about the performance of US investment banks who have been reporting their latest quarterly earnings this week. These financial firms are raking in record sums, with fees surging past $100bln in the first nine months of the year thanks to a rush of dealmaking. So why is deal activity so crazy, and how long can it last? you'll have to listen to find out!Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
10/15/2021 • 28 minutes, 39 seconds
MM038: Have we seen peak Facebook?
Facebook has had a tough week. From its social media services going down due to a "faulty configuration change", to more deep-rooted problems unearthed by the latest Facebook Files leaked from a former employee. Can Mark Zuckerberg evolve the company once more, or is this the beginning of the end? We also discuss the latest energy crisis and what it means for inflation and the Bank of England, and why the Fed will push on with its taper timeline, despite another weak US jobs report.Sign up for the Daily Market Maker newsletter www.amplifyme.com/market-maker. Hosted on Acast. See acast.com/privacy for more information.
In this week's episode, Eddie Donmez takes a look at why stocks are dumping, who called Jerome Powell a dangerous man and who dumped their entire Tesla stake. Hosted on Acast. See acast.com/privacy for more information.
10/1/2021 • 29 minutes, 24 seconds
MM036: Evergrande Silence & Fed/BoE Review
In this episode, I talk to the Head of Trading Piers Curran on why stability in interbank funding is integral to the functioning of the financial system, using the Global Financial Crisis as an example to understand the current Evergrande situation in China. We also discuss the latest FOMC meeting, where Fed Chair Jerome Powell said the central bank could begin scaling back asset purchases in November and complete the process by mid-2022, and look at the major obstacles the Bank of England will need to confront in order to hike rates as soon as February 2022. Hosted on Acast. See acast.com/privacy for more information.
9/24/2021 • 36 minutes, 50 seconds
MM035: Evergrande, Team 'Transitory' & French Fury
In this episode, I talk to Head of Trading Piers Curran, about why the Chinese developer Evergrande carries a potential systemic risk to the Chinese financial system, whether US CPI and Retail Sales reports this week alter the perception on the timing of tapering, and why Australia might well feel the wrath of the security pact deal struck with the US and UK this week. Hosted on Acast. See acast.com/privacy for more information.
9/17/2021 • 53 minutes, 4 seconds
BREAKING: Is Evergrande Group the next Lehman brothers?!
There is a breaking news story developing as China's largest property developer whose shares are now down 80% YTD have now hired Houlihan Lokey and Admiralty Harbour as financial advisers to assess their capital structure - it is likely a bankruptcy is coming. They have an eye-watering $310bn in liabilities and are now in a liquidity crunch where they cannot complete their developments so cannot generate the funds to pay creditors. Who are Evergrande, how did they end up in this situation, and what comes next? Hosted on Acast. See acast.com/privacy for more information.
9/14/2021 • 8 minutes, 19 seconds
MM034: El Salvador's Bitcoin distraction
In this episode, I talk to the Head of Trading Piers Curran about El Salvador’s adoption of bitcoin as a legal tender and the crash in crypto we saw earlier this week. We look at the reasons behind this pioneering move but ask the question of whether it's simply a tactic for President Bukele to push his agenda. We also look at why many major Wall Street banks are turning bearish on US stocks and what would need to happen to see a meaningful correction in the S&P 500 into year-end. Hosted on Acast. See acast.com/privacy for more information.
9/10/2021 • 35 minutes, 2 seconds
AmplifyME: In search of Serena
In this special episode, I talk to Amplify Co-founder Piers Curran, on how Amplify Trading went from two guys teaching people how to trade, into a company using technology to bring about real change in the way people identify and secure jobs in finance. We also talk about diversity, mental health, and our personal connection to making an impact on young people. Hosted on Acast. See acast.com/privacy for more information.
9/8/2021 • 57 minutes, 5 seconds
MM033: US Non-Farm Payrolls, Robinhood, Zoom & Stagflation
In this episode, Co-Founder Piers Curran and Head of AmplifyME Eddie Donmez discuss the fall out from the August US labour market report that showed the worst Non-Farm Payrolls reading of 2021 coupled with a spike in wage growth. We discuss how markets reacted and why this all feeds into a steady worsening of the economic outlook going into Q4. We also discuss Zoom fatigue and our year end price target following their 17% drop this week plus how regulatory and competition headwinds are whipping up a perfect storm for Robinhood, but can Bitcoin come to the rescue?! Hosted on Acast. See acast.com/privacy for more information.
9/3/2021 • 39 minutes, 3 seconds
MM032: Tapering, Tim Cook & fat fingers
In this episode, I am joined by the Head of Trading Piers Curran, as we talk about the main topics in focus this week in markets. From the reaction to Fed Chair Jerome's Powell speech at Jackson Hole and the impact of Afghanistan on President Joe Biden's approval rating to the Bank of England's unique exit strategy and how Tim Cook joined the billionaire boys club earlier this week. Hosted on Acast. See acast.com/privacy for more information.
8/27/2021 • 48 minutes, 16 seconds
MM031: Tesla Bot, Big Shorts & Virtual Reality
In this episode, I kick off by giving an overview as to why stocks and commodities have suffered this week, and provide colour on what Taliban control of Afghanistan means for markets. I then speak with Head of AmplifyMe, Eddie Donmez, on Tesla's new humanoid, Facebook Horizon Workroom, Amazon department stores and Michael Burry's next 'Big Short'. Hosted on Acast. See acast.com/privacy for more information.
8/20/2021 • 43 minutes, 29 seconds
MM030: Around the market in 8 questions!
In this week's episode, we take a different approach. Rather than focus on one or two topics, I throw 8 questions at Head of Trading Piers Curran, from the latest US CPI reading and timing of tapering, to Disney's masterful pivot into a leading tech giant and how Lionel Messi is getting paid in PSG fan tokens. Hosted on Acast. See acast.com/privacy for more information.
8/13/2021 • 40 minutes, 49 seconds
MM029: All good in the $HOOD
In this episode, I talk to the Head of Trading Piers Curran about the volatility in Robinhood shares following their recent IPO. We talk about how the platform makes money, why their IPO process was different, and what might happen to their shares next. We also touch on the latest US Non-Farm Payrolls report and what it means for the expected timeline for tapering at the Federal Reserve. Hosted on Acast. See acast.com/privacy for more information.
8/7/2021 • 29 minutes, 32 seconds
MM028: Tech earnings & China's long-term problem
In this episode, I talk to the Head of Trading Piers Curran on the latest tech earnings this week and the challenges they face as global economies start to re-open. We also take a look at what's been causing the weakness in Chinese stocks and why the Chinese Communist Party are looking to crack down on technology firms. Hosted on Acast. See acast.com/privacy for more information.
7/30/2021 • 40 minutes, 44 seconds
MM027: Tips for trading cryptocurrencies
In this episode, I talk to Senior Trader Tim Duggan, who after trading traditional equities and futures markets for the past 20-years, is now also actively trading cryptocurrencies. How is crypto different? what are some things you should be aware of, and of course what is his favourite coin right now! Hosted on Acast. See acast.com/privacy for more information.
7/23/2021 • 36 minutes, 19 seconds
MM026: Are We Walking Into Another Crisis?
In this episode, I talk to Head of Trading Piers Curran about the risks to the global economy as central banks start to unwind their unprecedented levels of monetary and fiscal intervention. We look at the arguments on both sides and how mistakes in the past may come back to haunt policy setters and stock market bulls. Hosted on Acast. See acast.com/privacy for more information.
7/16/2021 • 32 minutes, 28 seconds
MM025: Why are US yields collapsing?
In this episode, I talk to the Head of Trading Piers Curran, on why the US 10-yr yield is heading for one of its biggest weekly declines since June last year. We discuss what's causing investors to rethink the shape of the economic recovery and how a shift in strategy has led growth stocks within the S&P 500 to surpass returns from value stocks YTD. Hosted on Acast. See acast.com/privacy for more information.
7/9/2021 • 48 minutes, 56 seconds
MM024: Stocks rally after US Non-Farm Payrolls
In this episode, we discuss the release of the latest US jobs report and explain the mechanics behind how markets react to important economic data points. We also look at what this means for the Fed and the markets view on policy timing with a final comment on this week's OPEC+ meeting. Hosted on Acast. See acast.com/privacy for more information.
7/2/2021 • 31 minutes, 16 seconds
MM023: What are US stress tests?
In this episode, we look at US bank stress tests, following the news that all 23 institutions in the 2021 exam by the Federal Reserve remained “well above” minimum required capital levels during a hypothetical economic downturn. What are they? how are they conducted? and what does it mean for banks and the stock market in general? is explained. Hosted on Acast. See acast.com/privacy for more information.
6/25/2021 • 40 minutes, 29 seconds
MM022: Why are people talking about dots?!
In this episode, we explain the market's obsession with the Federal Reserve's Dot-Plot matrix. Explaining why the Fed uses it, how market participants perceive it, and whether it's even that good an indicator of future interest rates? We also look at the slide in commodities this week, with gold headed for the biggest weekly loss in 15 months following the Fed's hawkish tilt. Hosted on Acast. See acast.com/privacy for more information.
6/18/2021 • 41 minutes, 6 seconds
MM021: US Inflation at its highest since August of 2008
In this episode, we look at the three major talking points in markets this week. US CPI, the ECB meeting, and the upcoming G7 summit. We explain the markets relative calm response to surging inflation in the US, the timing around the ECB's bond-buying programme and what to watch out for at the G7 meeting in Cornwall. Hosted on Acast. See acast.com/privacy for more information.
6/11/2021 • 49 minutes, 37 seconds
MM020: Is this the end of globalisation?
In this episode, I talk to the Head of Trading Piers Curran about three key themes in markets this week. From the monster rally in AMC shares to the result of the latest OPEC+ meeting, and a look at the news about Russia cutting its US dollar assets and what this could mean for the future of globalisation. Hosted on Acast. See acast.com/privacy for more information.
6/4/2021 • 51 minutes, 31 seconds
MM019: Return of meme stocks: AMC pump explained
In this episode, I'm joined by Eddie Donmez, the Head of AmpifyME, who explains what's behind the latest explosion in meme stocks. We look closely at the cinema operator AMC and the involvement of Mudrick Capital Management, looking at who are the winners and losers in this latest episode of volatility. Hosted on Acast. See acast.com/privacy for more information.
6/2/2021 • 11 minutes, 24 seconds
MM018: Biden: The $6 trillion man!
In this episode, we talk about the latest US Jobless Claims figures, Biden's $6trl 2022 budget proposal, and look at rising geopolitical tensions across the globe, from Belarus to the first trade talks between the US and China that took place earlier this week. Hosted on Acast. See acast.com/privacy for more information.
5/28/2021 • 45 minutes, 44 seconds
MM017: Crypto volatility & what next for Bitcoin
In this episode, we discuss how price action works amid a high volatility event such as the crypto sell-off seen earlier this week. Piers explains the impact of liquidity and gives his view on the outlook for Bitcoin price going forward. Hosted on Acast. See acast.com/privacy for more information.
In this episode, we include a quickfire round with Head of Trading Piers Curran to get his take on Elon Musk and Tesla, the cyber attack on the Colonial Pipeline and the new Indian COVID variant in the UK. Then onto the main discussion, the release of US CPI this week and why there's no need to panic just yet. Hosted on Acast. See acast.com/privacy for more information.
5/14/2021 • 33 minutes, 20 seconds
MM015: Will inflation be transitory amid the commodity boom?
This week we talk about the recent rise in commodity prices, from copper to lumber, and the impact that this has on inflation. Head of Trading Piers Curran explains why the Fed sees this price increase as temporary and what it might take for Powell & Co. to change their mind. Hosted on Acast. See acast.com/privacy for more information.
5/7/2021 • 32 minutes, 23 seconds
MM014: Traders Mindset: Dealing with loss
In this episode, we continue our exploration into trading psychology and discuss the emotional impact of loss. Head of Trading Piers Curran talks about examples in his own career, lessons he learned on how best to deal with emotional variance and practical tips to remain rational in your decision-making process when trading. Hosted on Acast. See acast.com/privacy for more information.
4/30/2021 • 21 minutes, 40 seconds
MM013: European Super League - Good or Bad?
In this week's episode, we jump into the controversy surrounding the European Super League, a breakaway league involving some of Football's biggest names. As well as discussing what this means for football, we also look at the commercial aspects of the deal and whether companies like Netflix and Amazon could get involved in the space. Hosted on Acast. See acast.com/privacy for more information.
4/23/2021 • 41 minutes, 25 seconds
MM012: Coinbase debut & UK housing market crash?
In this week's episode, I am joined by Eddie Donmez, the head of AmplifyME, as we look at the debut of Coinbase, the first listing of a major cryptocurrency exchange. Eddie explains the reason behind the initial volatility and why Cathie Wood has snapped up $352mln worth of shares in the first two days. Also discussed are the latest US bank earnings and whether there is any validity to the argument of an impending UK housing market crash. Hosted on Acast. See acast.com/privacy for more information.
4/16/2021 • 23 minutes, 18 seconds
MM011: What makes a good trader?
In this episode we take a different direction and ask the question 'what makes a good trader'. Piers gives his view on what he believes led to his own personal success and find out what the one single common attribute is of a successful trader. Hosted on Acast. See acast.com/privacy for more information.
4/9/2021 • 21 minutes, 50 seconds
MM010: Archegos default & Deliveroo IPO disaster
In this episode, I talk to Head of Trading Piers Curran about the role prime brokerage services played in the recent default of Archegos Capital Management. Also in the dock is Deliveroo, following a disastrous IPO that wiped more than £2bln off the company's value in one of the sharpest drops for a big new listing in years. Hosted on Acast. See acast.com/privacy for more information.
4/1/2021 • 20 minutes, 50 seconds
MM009: How important is the blockage in the Suez Canal?
In this episode we go into detail on the news of a large container ship stuck in the Suez Canal in Egypt. We discuss if this is important for oil prices, why the Canal is a strategic chokepoint for the passage of goods, and implications this could have for inflation. Head of Trading Piers Curran also provides his view on the major events in markets next week as we head into quarter end. Hosted on Acast. See acast.com/privacy for more information.
3/26/2021 • 25 minutes, 21 seconds
MM008: Will the Fed 'twist' again
In this week's episode, we talk about the sequence of policy steps the Fed has at its disposal and why the gradual process of normalising policy poses risks to the sustainability of the post covid recovery. Also under review is the on-going tension between the EU and UK over vaccine supplies and some thoughts on the first high-level meeting that took place between US-China this week. Hosted on Acast. See acast.com/privacy for more information.
3/19/2021 • 27 minutes, 6 seconds
MM007: Will Biden's stimulus cheques boost the economy?
In this episode we look at the general optimism that has re-emerged this week as the DJIA & S&P 500 hit fresh record highs and look at what incoming stimulus cheques might mean for the US economy. Also, discussed is the latest ECB meeting as well as a look ahead to next week's FOMC announcement. Hosted on Acast. See acast.com/privacy for more information.
3/12/2021 • 20 minutes, 19 seconds
MM006: Oil surges as OPEC+ hold firm
In this week's episode, Piers and I review the latest decision from OPEC+ where the cartel opted to not relax supply curbs even as the global economy pulls out of its pandemic-driven slump, confounding widespread expectations the group would loosen the taps. We investigate the reasons behind the decision and how the Saudi strategy brings back memories of 2014/15. Also, under discussion is the latest US jobs report and next week's ECB meeting. Hosted on Acast. See acast.com/privacy for more information.
3/5/2021 • 30 minutes, 46 seconds
MM005: Yields spike, stocks drop - should you be worried?
This week Piers and I discuss the markets fixation on inflation and economic overheating and whether the recent moves in markets are cause for concern or simply short-termist in nature. We touch on correlations, FOMO and how the Fed is adopting the 'Ferber Method' in response to market volatility and give our thoughts on the UK lockdown roadmap announced this week by PM Boris Johnson. Hosted on Acast. See acast.com/privacy for more information.
2/26/2021 • 22 minutes, 46 seconds
MM004: Inflation? Keep calm and carry on
In this episode I talk to the Head of Trading Piers Curran about rising yields and whether that poses a threat to Wall Street's record run. In focus is the recent rise in inflation expectations, the timing of price pressures and how the Federal Reserve might act. We conclude with a look ahead to next week's main events, with comment on the UK lockdown strategy update due on Monday. Hosted on Acast. See acast.com/privacy for more information.
2/19/2021 • 23 minutes, 15 seconds
MM003: What happened with Tesla & Bitcoin?
In this episode we look at whether Tesla's move into Bitcoin is the beginning of a rush of investment from other firms or is it simply too early for crypto to be considered a treasury asset. Also, discussed, is how valid is Goldman's call of an impending commodity 'super-cycle' and what renewed tensions in Northern Ireland might mean for UK/EU relations. Hosted on Acast. See acast.com/privacy for more information.
2/12/2021 • 28 minutes, 34 seconds
MM002: US stocks - to Infinity and Beyond?
In this episode we talk about US stocks and the return to new all-time highs. Asking the question on why is it happening, what it represents, and is it sustainable? Also under discussion is the surprise departure of Jeff Bezos at Amazon and whether Super Mario can bring order back to Italian politics. Hosted on Acast. See acast.com/privacy for more information.
2/5/2021 • 21 minutes, 2 seconds
MM001: Is GameStop important for markets?
Kicking off the first episode with a look at the phenomenal rise in GameStop shares. From what happened, to what it symbolises, and whether it's important for financial markets. Also discussed is the latest vaccine news and OPEC strategy to protect oil prices. Hosted on Acast. See acast.com/privacy for more information.