Shard Capital Podcast: A European Winter
In this week’s Shard Capital Lite-Bite Podcast, Bill Blain, Strategist and Head of Alternative Assets at Shard Capital, speaks with Julian Wheeler, Partner and member of Shard Capital’s Research Committee, and Ernst Knacke, Head of Research at Shard Capital and Leifbridge.
The topic of discussion this week focuses on the current economic outlook in Europe, as Russia closes the Nord Stream 1 pipeline in Germany, rising inflation, increasing energy costs, the UK’s newly appointed Prime Minister and what investors should be considering.
Listen in on the conversation below:
Graph 1: Forward Curve of Oil Prices
- Blue Line = Oil prices in March 2022
- Green Line = Oil prices in August 2022
- Orange Line = Oil prices on September 5th 2022

Shard Capital LLP is authorised and regulated by the Financial Conduct Authority (FRN 538762). Important information: The information included is published solely for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. It does not constitute a personal recommendation as defined by the Financial Conduct Authority (FCA) or take into account the particular investment objectives, financial situations or needs of individual investors. The value of investments and any income from them can fall as well as rise. You may not get back the amount you invested. It should be remembered that past performance is not a guarantee of future performance. Every effort is made to ensure the accuracy of any information provided and no assurances or warranties are given. If you are unsure of the suitability of this product then you should contact an Independent Financial Adviser, authorised by the Financial Conduct Authority.