British Pub Earnings Will Suffer Significantly
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Earnings for the last quarter of last year are pouring in. Investors buy on the earnings of large companies, but earnings from the pub and restaurant industry can be equally interesting. Especially when it comes to earnings of companies from the British economy.
In this article:
- Larger vehicles
- The pub and restaurant industry in UK is getting worse
- An interview to Boomberg TV
- Fed decision ahead
Larger vehicles
Everyone likes something different, even the car market reflects this. The gap between Americans and Europeans is significant. Americans love big cars, while their European counterparts prefer small cars such as city cars, subcompacts and compact cars. But this is a general view, also in the old continent there is a growing interest in big cars. Consumer demand has driven automakers to create ever larger vehicles.
Large cars delight with their appearance and the comfort that space gives them, but there are also disadvantages. It turns out that big cars are more expensive and if they burn gasoline, they are more harmful to the environment. Despite this, the interest in this type of cars does not weaken.
Have regulations on fuel efficiency incentivized automakers to make bigger vehicles? Some researchers say so. Watch the video to learn more. https://t.co/q70uJkIa7k pic.twitter.com/YAKNYSgm1Q
— CNBC (@CNBC) January 23, 2023
The pub and restaurant industry in UK is getting worse
The British economy is not doing well. Growing inflation and fighting it with high interest rates forced the British to save. But there were other problems in the form of strikes. The service industry suffers the most from this. Shops and pubs are not popular in the last period.
The pub and restaurant industry, which was limping back to recovery from the pandemic, had hoped to recover from the first Christmas in three years without restrictions, but nationwide rail strikes over wages as the cost of living fell has curtailed customer visits. Pub operator Fuller Smith & Turner illustrates this perfectly, as it has warned that it expects its full-year earnings to be below market expectations. There may be more companies with a similar situation.
British pub group Fuller warns on annual profit as train strikes choke sales https://t.co/hKF5iM6Nha pic.twitter.com/90Gto8QyVS
— Reuters Business (@ReutersBiz) January 23, 2023
An interview to Boomberg TV
Vincent Chui, Head of Asia Pacific Wealth Management, in an interview to Boomberg TV, discusses the economic prospects and also talks about business strategy.
Such interviews have a positive impact on the company's image and foster greater trust on the part of customers and create new opportunities to establish business relationships.
Watch Vincent Chui, Head of Asia Pacific Wealth Management, speaking at the Morgan Stanley Global Alpha Investment Conference to Bloomberg TV about our Private Wealth Management business strategy in Asia and macro outlook. https://t.co/0XufJRz4st
— Morgan Stanley (@MorganStanley) January 23, 2023
Fed decision ahead
Inflation in the US economy fell again, but it is far from the 2% target desired by the Fed. Many investors have been watching the recent statements of Fed policy makers to assess the chances of slowing down rate hikes. The comments were hawkish again, but the market still hopes that a more lenient decision on 25bp hike will be made at the meeting in February.
25 bps at the Feb 1st meeting looking like a lock according to CME FedWatch. Question now is whether we start to see a bar to the left of 450 start sprouting up this week. What does everyone think?
— Bespoke (@bespokeinvest) January 22, 2023
