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...That would be markets columnist Katie Martin and US financial commentator Robert Armstrong. Robert ArmstrongGreetings....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...Katie Martin(Laughter) Yeah. I’m sure we can manage it. Now, Rob, we wanna hear from our listeners, don’t we? Robert ArmstrongYes....
...Katie Martin I’m with Ethan on this . . . Robert Armstrong Agree. Katie Martin I think....
...Robert ArmstrongThe dots. Katie Martin . . . which includes the dots. Everybody loves the dots....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...Robert ArmstrongOK, I agree with Katie. (Katie laughs) Ethan WuKatie, did you know that? You just, you’ve read the outlook? Katie Martin(Laughter) I mean, yes....
...Even banalities — a staircase, a door, a window — become “highly charged” in Lynch’s spaces, Martin notes....
...To answer this, the FT’s chief economics commentator, Martin Wolf, joined me from our London studio. So, Martin, Marie really has three questions here. So let’s begin with the first one....
...Robert Habeck, economy minister, said Germany was seeing “increasing signs that the economy is gradually recovering and the outlook brightening”....
...And there’s another factor too, which is as we’ve discussed on the show previously with Katie Martin, the UK is a market that likes dividend payers, right? Robert ArmstrongYes....
...Send me your thoughts: robert.armstrong@ft.com. Can spreads ever be too tight? To the extent that markets people are worried about an overheated market, their concerns are focused on US stocks....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X....
...“The Houthis are looking at open-source information that might not be updated,” Martin Kelly, EOS Risk’s senior Middle East analyst, said....
...Email Robert at magazineletters@ft.com Follow @FTMag to find out about our latest stories first and subscribe to our podcast Life and Art wherever you listen...
...Ethan WuI’m sure those emails were from one Robert Armstrong. Katie Martin(Laughter) They weren’t. But I keep all of his in a special file. Ethan Wu(Laughter) Katie, why was I wrong? Riddle me that....
...Martin Seidenberg, chief executive of Royal Mail’s parent group International Distributions Services, said the drop from 20bn to 7bn over the past 20 years in the number of annual letters sent meant the...
...Emma Gilthorpe will take over from Martin Seidenberg, who has been filling the role of interim chief executive of Royal Mail in addition to serving as chief executive of the parent International Distributions...
...Hello, it’s Katie Martin here again, stepping in for Harriet Agnew while she takes a spot of “me time”. Fear not, normal service will return next week....
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