{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Art of Investing","title":"British Debt Gloom vs US Stock Euphoria — What Comes Next?","html":"","width":"100%","height":180,"duration":3684,"description":"This Week on The Art of Investing, Rich McDonald returns from holiday to find oil at $126 a barrel and markets at all-time highs. The team try to make sense of it - rate cut expectations have collapsed, geopolitical risk has intensified, and yet the S&P 500 and Nasdaq keep climbing. Mark \"Spice\" Holden and Chris \"CJ\" Fellingham join Rich to dig into why US markets are defying every macro headwind, what it means for a portfolio that had a tough week, and whether now is the time to act or sit on their hands.\nThe episode also covers a deep dive into UK gilt fair value, the Bank of England rate decision, the rise of algorithmic trading and its impact on price discovery, and a listener Q&A on stop losses and what the team have genuinely learned since launching the podcast.\nThis Week's Highlights:🛢️ Oil at $126 — Markets Shrug Brent crude up nearly 20% in eight days on Straits of Hormuz fears, yet the S&P and Nasdaq hit all-time highs.💻 Magnificent Seven Earnings CrunchFour Mag Seven reports in two minutes - Alphabet surged, Meta fell, and the Nasdaq pushed higher.🔧 Chip Stocks Explode Qualcomm up 16%, Intel up 100% since April - AI chip demand is the trade of the moment.🇬🇧 UK Gilts & the \"Moron Premium\" CJ breaks down gilt fair value and why 5.75% yields may still not be cheap enough to buy.🤖 Machines Are Winning Algorithmic momentum trading is moving markets beyond rational levels and crowding out human investors.\nPortfolio Snapshot - Week 37No changes were made to the portfolio this week.Weekly performance: –2.1%Total return since inception: +16.9%\nTop Performers:🥇 iShares S&P 500 GBP Hedged ETF: +0.1%🥈 Cash: +0.1%\nUnderperformers:📉 VanEck Crypto & Blockchain Innovators ETF: –9.5%📉 BlackRock World Mining Trust PLC: –8.7%📉 WisdomTree Copper ETF: –3.6%\nPortfolio Positioning:A tough week, with the oil price rise hitting commodities and oil-importing markets the hardest. The team agreed not to act while market direction remains unclear - CJ's view: when you're not...","thumbnail_url":"https://img.transistorcdn.com/thywArVFDknjVUW9JEkpwtTGr3zY240Mo7hbQ7_Y3qM/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS82NzU5/ZjBhMzdkMWU1MTMy/OWMxNTk1OGU4ZjU2/YWYwZC5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}