Tencent, Wise & A Macroeconomic Update!

Playing FTSE

► Episode Notes:

Who’s been buying smart plugs – and who’s been getting them for free?! Find out on this week’s PlayingFTSE Show!

Steve and Steve are talking investing this week. Steve W has a REIT and a macroeconomic update and Steve D is looking at two companies that reported earnings recently.

In consumption news this week, both Steves have been looking at understanding well-known businesses a bit better. Steve D has been looking at a write-up of Dsney and Steve W has been listening to a podcast about Coca-Cola, but why have these been catching their attention this week?

Next, it’s a macroeconomics update – we’ve got inflation news, GDP data, and consumer strength. But why are the Steves nervous about the future despite the news that the UK seems set to avoid a recession this year and the US is headed for a soft landing?

We’re following that with Wise – a cross-border payment processor that we’ve talked about on the show a few times. With impressive growth and more to come, is now the time to buy or should investors wait for the tough comps to move out of the way?

Next is a REIT. Steve W’s been talking about a few specialist operators recently, so here’s one that owns basically everything that’s left in the UK.

And we’re finishing with Tencent. The big just keep getting bigger with a massive domestic market to play in, but the thing really catching the eye at the moment is they seem to have access to chips that their rivals Alibaba don’t…

Only on this week’s PlayingFTSE Podcast!

► What We Consumed This Week:Business Breakdowns: https://open.spotify.com/episode/0iisxRW9EOT6gFh9vh1zfr?si=fZTTo64ETGO8KJQMyRSujgThe Science of Hitting: https://thescienceofhitting.com/p/disney-the-turning-point ► Support the show: Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse (All proceeds reinvested into the show and not to coffee!) There are many ways to help support the show, liking, commenting and sharing our episodes with friends! You can also check out our clothing merch store: https://playingftse.teemill.com/ We get a small cut of anything you buy which will be reinvested back into the show....COMPOUNDING! (you read that in Svens voice right? Did Briscoe mention he got Sven on the show!?) ► Get a free share! Trading 212 is OPEN to UK users again! If you'd like to sign up and get a free share you can do so on the link below! And full disclosure we get one too! https://www.trading212.com/invite/FMh1Cuvp ► Timestamps:0:00 Introduction10:41 This Weeks Consumption21:56 Macroeconomic Update35:36 Wise55:27 Alternative Income REIT01:07:37 Tencent ► Show Notes: What’s been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that’s accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy ► Wanna get in contact? Got a question for us? Drop it in the comments below or reach out to us on Twitter: https://twitter.com/playingftseshow Or on Instagram: https://www.instagram.com/playing_ftse/ ► Enquiries: Please email - playingftsepodcast@gmail(dot)com