Week Ending 07/02/25 – Trump plays games with tariffs….Reeves plays hide & seek with growth
This week, Gareth is joined by Progressive's Building & Construction analyst, Alastair Stewart.
The pair muse on Trump's tariff-based discussions with various world leaders, with Xi Jinping (the obvious and most-dangerous outlier) adding a bit of Chinese spice to the mix, with some largely-unreported moves. Alastair describes the UK building stocks, and their reaction to the Bank of England's rate cut, as well as some (good and bad) fundamental drivers of sector activity.
Progressive clients with news included tinyBuild and STV Group.
Next week we have US inflation and both UK and EU GDP...which could put this week's halving of expectations in context...
Brought to you by Progressive Equity.
This communication is provided for information purposes only, and is not a solicitation or inducement to buy, sell, subscribe, or underwrite securities or units. Investors should seek advice from an Independent Financial Adviser or regulated stockbroker before making any investment decisions. Progressive Equity Research Ltd (“PERL”) does not make investment recommendations.
Opinions contained in this communication represent those of PERL and/or our affiliates at the time of publication and PERL does not undertake to provide updates to any opinions or views expressed. PERL does not hold any positions in the securities mentioned in this communication, however, PERL’s directors, officers, employees, contractors and affiliates may hold a position, and/or may perform services or solicit business from, any of the companies or related securities mentioned.
Any prices quoted in our research are as at the previous day’s close.