The Magnificent 7, US Politics and Coutts
In this week’s podcast, Ernst Knacke, Benny Osei, and the newest member of the Shard Capital and LeifBridge team, Stewart Abrahart, engage in a discussion about the Magnificent 7, US politics, and the NatWest/Coutts controversy.
The trio begins by analysing the latest figures from the Magnificent 7, which comprises Apple, Alphabet, Amazon, Meta, Microsoft, Nvidia, and Tesla. They delve into the performance and developments of these major companies.
Moving on, they shift their focus to US politics, discussing the candidates and events leading up to the presidential election. The team provides insights into the current political landscape and its potential implications.
Finally, Benny provides a detailed summary of the recent controversy involving Coutts, which forms part of the NatWest group’s wealth management division and former UK politician, Nigel Farage. Yesterday we saw the CEOs from NatWest and Coutts depart, which Benny sheds some light on the situation and its consequences.
Listen in on the conversation below:
Recorded 27th July 2023.
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