Europe Has A ‘Real Problem’, Trump Netflix-Warner Concern, Farage Woos UK Bankers
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Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) JPMorgan Chief Executive Officer Jamie Dimon called out slow bureaucracy in Europe in a warning that a “weak” continent poses a major economic risk to the US.
(2) Keir Starmer will host Ukrainian President Volodymyr Zelenskiy in London on Monday as the UK prime minister and other key European leaders seek to steer US-led peace talks toward a resolution that protects Ukraine from the prospect of future Russian aggression.
(3) US President Donald Trump raised potential antitrust concerns around Netflix’s planned $72 billion acquisition of Warner Bros. Discovery, noting that the market share of the combined entity may pose problems
(4) Yardeni Research now recommends effectively going underweight the Magnificent Seven megacap technology stocks versus the rest of the S&P 500, expecting a shift in earnings growth ahead.
(5) UK homes worth more than £2 million ($2.7 million) could drop about 5% in value next year as the market adjusts to a so-called mansion tax, according to forecasts from Hamptons.
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