From YOLO to HALO. In this week's markets wrap, hosts Merryn Somerset Webb and John Stepek discuss why markets are ditching high multiple AI and software stocks, for "HALO" companies - heavy assets, low obsolescence - and why higher interest rates and even higher infrastructure costs may be behind the moves.

To see the article Merryn references in the episode, please follow the link below.
Special thanks to Joachim Klement who has allowed us to share this piece from his Klement on Investing Substack. 

https://klementoninvesting.substack.com/p/why-do-people-invest-in-expensive

From YOLO to HALO. In this week's markets wrap, hosts Merryn Somerset Webb and John Stepek discuss why markets are ditching high multiple AI and software stocks, for "HALO" companies - heavy assets, low obsolescence - and why higher interest rates and even higher infrastructure costs may be behind the moves. To see the article Merryn references in the episode, please follow the link below. Special thanks to Joachim Klement who has allowed us to share this piece from his Klement on Investing Substack.&nbsp; <a href="https://klementoninvesting.substack.com/p/why-do-people-invest-in-expensive">https://klementoninvesting.substack.com/p/why-do-people-invest-in-expensive</a>

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices.

Merryn Talks Money

Markets Wrap: From YOLO to HALO 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/a44ced08-7576-428a-a470-b3fd01015550/transcript